I received the following announcement from Richard N. Lewis Exec VP – Leasing Premium Outlets® yesterday.
"We are pleased to confirm that on Thursday, May 13, 2010, Simon Property Group became the new owners of Prime Outlets - Puerto Rico in Barceloneta. We have renamed the center: Puerto Rico Premium Outlets®. The center's current management staff will remain in place. The center becomes part of our Premium Outlets division's Central Region.
The center has already been integrated into our website - see http://www.premiumoutlets.com/outlets/outlet.asp?id=80. Shoppers can now benefit from programs such as the Premium Outlets VIP Shopper Club, global tourism outreach and more. The process for conversion to the center’s new name of Puerto Rico Premium Outlets has already begun on-site and off-site."
Mark Libell
It is a great property!
ReplyDeleteGiancarlo Filartiga
Thanks for the feedback. Business can be great there and the challenges can also be great. I have had stores on Puerto Rico for the last 13 years. You have to pay yearly bonuses. Freight is expensive. Whats your feedback on the advantages to Puerto Rico.
ReplyDeleteMark Libell