Simon Property Group and Calloway REIT Open Toronto Premium Outlets – the First Premium Outlet Centre in Canada
Simon Property Group, a global leader in retail real estate,announced today that, in a 50/50 partnership with Calloway Real Estate Investment Trust, it has opened Toronto Premium Outlets™, an upscale outlet shopping centre serving Greater Toronto and the first Premium Outlet Centre® in Canada.
Located in the Town of Halton Hills on Highway 401 at Trafalgar Road adjacent to Highways 401 and 407, the first phase of Toronto Premium Outlets comprises 358,000 square feet with 90 outlet stores. The center features high-quality designer and name brands, many of whom will be opening their initial outlet store in Canada, including: Hudson’s Bay Outlet*, Banana Republic, Bench, Bose, Brooks Brothers, Coach, Cole Haan*, Columbia Sportswear*, DKNY, Dynamite, Eddie Bauer, Gap Outlet, Garage, Guess, Icebreaker*, J.Crew, Kate Spade New York*, Lucky Brand Jeans, Michael Kors, Polo Ralph Lauren*, Restoration Hardware*, Ted Baker London*, True Religion and Zumiez. *Represents first outlet store in Canada for retailer. Residents and visitors are invited to attend the four-day Grand Opening Celebration which runs through Sunday, August 4 and features live entertainment by popular area musicians, in-store promotions, giveaways and more.
Simon’s Premium Outlets portfolio features 79 Premium Outlet Centres including 64 in the United States, one in Puerto Rico, nine in Japan, two in South Korea, and one each in Canada, Malaysia and Mexico. Premium Outlet Centres in the United States are located primarily in or near major metropolitan markets such as New York, Los Angeles, Boston and Chicago and visitor markets such as Orlando and Palm Springs. Leading properties include Woodbury Common Premium Outlets (near New York City), Orlando Premium Outlets (Florida), Desert Hills Premium Outlets (Palm Springs, California) and Las Vegas Premium Outlets (Nevada).
Source : Company