Media Contact:
Rebecca Stenholm, Macerich, 602-953-6550
Lynn Blacker, Tysons Corner Center, 703-893-9400
MCLEAN, Va. (Oct. 9, 2007) – Garage, the number-one Canadian retailer of stylish apparel for teenage girls, will park one of its first U.S. stores at Tysons Corner Center, with plans to open in late fall 2007.
Garage has more than 140 locations across Canada, and is now bringing its trend-setting togs south of the border to capture a new American market. Its merchandise – all designed and manufactured by the company itself – offers a full mix of moderately priced teen-oriented clothing, including jeans, sweaters, tee-shirts, skirts, sleepwear and accessories.
With Garage already well established throughout Canada, the United States offers the natural market for expansion, says Laurence Fostein, director of business development for Garage's parent company, Groupe Dynamite Inc., a private women's apparel company based in Montreal.
Garage plans to open 10-12 stores in the Northeastern United States by mid-2008. “Tysons Corner Center is one of the top 10 American malls we wanted to join,” said Laurence Fostein. “The surrounding market is really geared towards our customer and locating here is a big win for us.”
Other fresh retail names crossing borders to join Tysons Corner Center are:
In August 2007, a new report from the U.S. Census Bureau put Fairfax County's median household income at $100,318 – making it one of the most affluent in the country. The Capital Region also ranks as a top tourist destination.
Located at the intersection of Routes 7 and 123 just off the Capital Beltway (I-495) in Northern Virginia, Tysons Corner Center is owned and operated by Macerich (NYSE: MAC). For more information, visit www.shoptysons.com.
Macerich is a fully integrated self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States. The company is the sole general partner and owns an 84% ownership interest in The Macerich Partnership, L.P. Macerich now owns approximately 77 million square feet of gross leaseable area consisting primarily of interests in 73 regional malls. Additional information about Macerich can be obtained from the Company's Web site at www.macerich.com.