Business
Avalon Mall announces new retailers and store expansions as part of $112 million redevelopment
Avalon Mall announces new retailers and store expansions as part of $112 million redevelop...
About this update from Crombie Real Estate Investment Trust
[{"type":"text","content":"\n\n\n\nAvalon Mall announces new retailers and store expansions as part of $112 million redevelopment\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nNEW GLASGOW, NS, Feb. 25, 2020\n\n\n\nNEW GLASGOW, NS, Feb. 25, 2020 /CNW/ - Crombie Real Estate Investment Trust (\"Crombie\") (TSX: CRR.UN) is pleased to announce that a number of exciting international and national brands will open at Avalon Mall in 2020, and several existing retailers will expand their mall presence.\nSportChek, Tommy Hilfiger, Skechers, Bikini Village, and Michael Hill will open at Avalon Mall this year occupying approximately 40,600 square feet. Bath & Body Works, EB Games, and Bentley will relocate from their current locations, all in expanded footprints, and Tip Top opened their doors in a new expanded location in early February 2020. The Brick will open their first store in Newfoundland and Labrador with a new 46,000 square foot pad site. The expansion area of Avalon Mall is now approximately 90% leased, with more retailers to be announced in the coming months. Total Avalon Mall GLA is approximately 593,000 square feet.\nIn 2019 Crombie announced that H&M, Old Navy, Gap, and Banana Republic would occupy approximately 53,000 square feet in the newly constructed and renovated areas of the mall. Securing strong global brands such as these complements the existing mix of stores, entertainment and services at Avalon Mall, with product lines that appeal to a wide range of demographics and customer needs. These announcements accompanied the opening of Winners and HomeSense (50,400 square feet) in their expanded location in August 2019 and the opening of The Rec Room by Cineplex (30,600 square feet) earlier in 2019.\n\"We are very pleased with the retailers that have joined us and with our existing retailers committed to expanding their presence at Avalon Mall as part of redeveloping this flagship property,\" says Don Clow, President and CEO of Crombie REIT. \"They enhance the experience of our shoppers and visitors, and are an integral part of what makes us the premier sho...