by Steve Lubetkin, Globest.com
Luxury home furnishings retailer Mitchell Gold + Bob Williams will lease 15,229 square feet at the King of Prussia Mall in King of Prussia, PA, the retailer’s largest store to date and its first lease with mall owner Simon Property Group.
MGBW will take a two-story space in a newly expanded wing of King of Prussia Mall. The space includes 7,127 square feet on the ground floor and 8,102 square feet on the second floor. Simon began an expansion of this wing of the mall in 2014 to add an additional 155,000 square feet of retail space for 50 new retailers and restaurants as well as a dining pavilion. Other retailers in the expansion wing include Gucci, Louis Vuitton, Hermes and Bloomingdale’s. Mitchell Gold + Bob Williams is scheduled to open in fall of 2016 to coincide with the grand opening of the new expansion.
“I have a long history with this center dating back to attending the opening of Bloomingdale’s when world-class merchant CEO Marvin Traub helicoptered in with Calvin Klein,” says Mitchell Gold. “So opening such a special store here is my nod to Mr. Traub and an expression of how thrilled we are to be in one of Simon’s premier properties. Bob and I and our whole team are excited to move into our new neighborhood.”
“Simon made a great decision to invest in the expansion and open up new opportunities for world-class retailers,” says Ezra. “This is a premium location and a unique branding opportunity for Mitchell Gold + Bob Williams; the space also fit well with their existing portfolio of stores. Plus, the proximity to Philadelphia, the demographics of the market and the strong co-tenancy with other luxury fashion and home retailers made this a very compelling opportunity.”
Founded more than 25 years ago in rural North Carolina, Mitchell Gold + Bob Williams is an internationally acclaimed manufacturer and retailer of luxury home furnishings, including upholstery, casegoods, lighting, rugs, accessories and a carefully-edited collection of wall art.
Mitchell Gold + Bob Williams has more than 15 locations nationally, including space in Oakbrook, IL; Scottsdale, AZ; Kenwood, OH; and Glendale, CA.
www.omegare.com
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