.
News Alert
BART UPDATE: Oakland Coliseum Station Re-Opens…

Paragon Outlets Soon to be Renamed as Livermore Valley Premium Outlets

The new outlet mall has been bought by the Simon Property Group and will get a name change.

From Simon Malls:

Simon Property Group, Inc. ("Simon") (NYSE:SPG) announced today that it has completed the acquisition of Paragon Outlets Grand Prairie in Grand Prairie, Texas and Paragon Outlets Livermore Valley in Livermore, California. Simon now owns 100% of each asset. 

The 417,000 square foot Grand Prairie center, serving the Dallas-Fort Worth metropolitan area, is home to more than 100 leading designer and name brand outlet stores including Saks Fifth Avenue OFF 5TH, Bloomingdale's The Outlet Store, Coach, Cole Haan, DKNY, Hugo Boss, Kate Spade New York, J.Crew, Michael Kors, Nike and Tommy Hilfiger.  The center opened in August of 2012 and is 100% leased.

The 512,000 square foot Livermore center, located in the affluent East Bay area of San Francisco, is home to 130 leading designer and name brand outlet stores including Saks Fifth Avenue OFF 5TH, Bloomingdale's The Outlet Store, Last Call by Neiman Marcus, Armani, Barneys New York, Coach, DKNY, Elie Tahari, Kate Spade New York, J.Crew, Lacoste, Michael Kors, Prada and Tommy Hilfiger.  The center opened in November of 2012 and is 100% leased.

Simon has assumed management responsibilities and the centers will be renamed Grand Prairie Premium Outlets® and Livermore Valley Premium Outlets®.

"We are pleased to add these two highly productive centers to our portfolio," said John R. Klein, President of Simon's Premium Outlets platform. "The projects have been very well received by merchants and shoppers, they are wonderful additions to our business, and they will be immediately accretive to our earnings."

What do you think about the name change for the new outlet mall?

Analisa December 11, 2012 at 05:39 AM
Oh Sandy did we hit a nerve? L M A O
Sandy December 11, 2012 at 06:01 AM
Nope. Nerves of steel over here, sweetheart. Living it up in my affluent city! ; ))
::thumbs up:: December 11, 2012 at 06:16 AM
We should call it "should have never come to Livermore".
Karen December 11, 2012 at 07:12 AM
People ask me too if they know I live out here!
livermore lovin girl December 13, 2012 at 05:02 AM
the article referred to the outlets being 'located in the affluent East Bay area of San Francisco'...i think most people would agree that's an accurate description of this area...the livermore valley = danville/blackhawk, san ramon, pleasanton, livermore (yes, million $ homes here too)...

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something
See more »