Luxury Shopping, Outlet-Style
Top brands’ outlet prices are high, but they still give us access to true, timeless opulence at substantial discounts.
Ever since Fashion Outlets of Chicago opened in August 2013, I’ve been hearing tales of the wonderful bargains at Burberry, Gucci, Prada, Neiman Marcus
Last Call and Theory, as well as
the healthy food court offerings
and the pristine upscale layout
of the center.
According to the 2015 Macerich
10K filing, Fashion Outlets of Chicago generated sales of $734 psf, ranking it No. 11 of Macerich’s 50 shopping centers. This is a big increase from 2014 when the center was No. 15 in the portfolio with sales of $651 psf. On an occupancy basis, the Macerich portfolio stood at 96.1 percent in 2015, with FOC at 97.9 percent, up from 94.4 percent at the end of 2014.
To continue reading, Click Here.