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Buy Your Next Home…At The Mall?

10/13/2010

 

Looking for Home At The Mall

 

The Galleria Mall in Edina, MN known for its “shops of distinction” announced a new tenant that caught my eye. Apparently, the mall wants you to be able to find a home of distinction as well.

Lakes Sotheby’s International Realtors is opening a 5,000 square foot space in the mall early next year.

Realtors’ offices aren’t traffic drivers that malls typically seek. In this case, however, the combination works. Current mall tenants include a regional high-end furniture retailer plus large-format Crate & Barrel and Restoration Hardware. Throw in several chic-eateries (no sports bars or Hooters here!) and you’ve got the makings a the perfect “honey do” list location for well-heeled suburbanites.

Time will tell if the concept works but in today’s economy landing any kind of tenant is a coup for a commercial retail venue.

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2 Comments leave one →
  1. 10/13/2010 4:40 pm

    Really, what a coup.

    Is Gaviidae Common (aka Loondale) still around? I would have thought that would be a prime location (location, location) for the well-heeled set.

  2. 10/13/2010 5:02 pm

    Gaviidae Common is still around. At the Skyway level it is essentially a food court for Target employees. Long, long gone are the days of the Orvis store and the vision of the original developer.

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