For additional information, contact:
Sarona Winfrey (972) 529-8170
winfreypr@att.net

— FOR IMMEDIATE RELEASE —

LA PALMERA HAS MORE IN STORE FOR SHOPPERS WITH FIVE NEW RETAILERS

CORPUS CHRISTI, Texas (April 19, 2012) – Today La Palmera announced five new stores coming to the mall, all planning to open by late spring.

Construction is underway on  White House Black Market (3,453 sf), the popular women’s clothier, located between Express and Gymboree;  Soma Intimates (2,313 sf), specializing in women’s lingerie, adjacent to Kay Jewelers;  2b bebe (4,885 sf), featuring contemporary women’s fashion, located next to Pac Sun;   Traffic Shoes (1,105 sf) , offering trendsetting shoes for men and women, located on the main level between Aeropostale and Finishline; and  Papaya (6,350 sf), featuring trendy styles for the 16 to 25-year-old crowd, near American Eagle.

Shoppers will also find two current La Palmera merchants on the move. The Children’s Place (3,467 sf) is now open in its new location by Champs, with construction underway on the new Payless ShoeSource location (3,360 sf), adjacent to the new Papaya.

“Traffic and sales remain strong at La Palmera,” said La Palmera General Manager Fred Walters. “Having that strong position in the Coastal Bend retail market means we can attract the top retail and dining options. Additionally, the recent acquisition of the former Staples Center adjacent to La Palmera mall will allow us to continue expanding the quality shopping experience as the center transforms into The Shops at La Palmera.”

Trademark Property Company and joint venture partner Institutional Mall Investors LLC (IMI) acquired the Staples Center on April 11. The center, now The Shops at La Palmera, will undergo rebranding along with a major redesign and renovation scheduled to begin late 2012 with completion slated for 2013. Details are forthcoming on the redesign, which will incorporate sustainable building practices and total approximately 200,000 square feet.  Trademark Property will lease and manage the new center.

For more information on La Palmera, go to  www.lapalmera.com ; for more information on The Shops at La Palmera, go to  www.theshopsatlapalmera.com ; or call (361) 991-3755.

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LA PALMERA
Located in Corpus Christi, Texas, La Palmera is a 1-million square foot super-regional mall with more than 100 retail and restaurant tenants including Dillard’s, JCPenney, Macy’s, P.F. Chang’s and Coach. Acquired in July 2008 by IMI and Trademark Property, La Palmera is the first mall to be awarded LEED® Silver for Core and Shell 2.0 established by the  U.S. Green Building Council (USGBC). Following a $50 million renovation, the mall features a new outdoor main entrance, 600-seat food court with a 4,500-gallon feature aquarium and a children’s ocean-themed play area. For more information on La Palmera, go to  www.lapalmera.com ; for more information on The Shops at La Palmera, go to  www.theshopsatlapalmera.com ; or call (361) 991-3755.