SAN ANTONIO–(BUSINESS WIRE)–CIM Group, announced today that it has signed a long-term lease with contemporary fashion and accessories retailer J.Crew Factory for an approximately 6,500-square-foot space at its Northwoods Shopping Center, a 443,148-square-foot regional community center offering a mix of shops, restaurants and entertainment. The J.Crew Factory lease follows the recently announced addition of a 30,256-square-foot Homesense store at Northwoods.
J.Crew Factory offers shoppers an exclusive collection of styles, designed to deliver fun, colorful and classic apparel for women, men and children, at a good value. At the J.Crew Factory store at Northwoods Shopping Center, which is anticipated to open this winter, shoppers will find frequent new fashion arrivals and a host of exclusive in-store-only events. J.Crew Factory is part of the J.Crew Group family of brands which is celebrating 40 years of delivering an elevated expression of American style. CIM Group’s in-house leasing team, in partnership with CBRE, represented the landlord in the transaction. Open Realty Advisors represented the tenant.
Northwoods Shopping Center is an outdoor shopping center offering shops that provide a diverse mix of large format and boutique retail, restaurants, services and entertainment. The center offers top retailers including H-E-B grocery, Barnes & Noble, Nordstrom Rack, Marshall’s, Homesense, Ulta Beauty and Old Navy; enticing eateries such as Chuy’s, Fish City Grill, La Madeleine French Bakery & Café and Red Robin; and a Regal Cinemas.
Located at the southeast corner of U.S. Highway 281 North and Loop 1604, Northwoods Shopping Center serves a vast community of single-family neighborhoods, apartments, offices and hotels.
For 30 years, CIM Group has applied its community-focused investing approach by utilizing its broad expertise in owning, developing, repositioning, and operating real estate assets to enhance communities throughout the Americas.
About CIM Group
CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. Since 1994, CIM has sought to create value in projects and positively impact the lives of people in communities across the Americas by delivering more than $60 billion of essential real estate and infrastructure projects. CIM’s diverse team of experts applies its broad knowledge and disciplined approach through hands-on management of real assets from due diligence to operations through disposition. CIM strives to make a meaningful difference in the world by executing key environmental, social and governance (ESG) initiatives and enhancing each community in which it invests. For more information, visit www.cimgroup.com.
