KeyPoint Partners, LLC (KPP) announces the opening of the Victoria’s Secret and Bath & Body Works stores at University Mall (UMall) in South Burlington, Vermont. KPP Vice President of Leasing Don Mace negotiated a lease with L Brands last year for an expansion and relocation of the long-time tenants.
The Victoria’s Secret expansion is one of several ongoing initiatives to re-merchandise the Mall and improve foot traffic, Mace says. KPP also negotiated leases with Target, H&M, and Shoe Dept. Encore to open stores at University Mall this year.
“We have a number of additional planned improvements in the works – L Brand’s commitment to UMall reinforces our position that the mall is a very viable shopping destination, one we plan to strengthen over the next two years,” Mace says.
UMall, located on Dorset Street in South Burlington, is Vermont’s largest enclosed mall at more than 610,000 square feet. UMall is anchored by Kohl’s, JCPenney, and Sears, and Target anticipates opening in October 2018. Shop space includes more than 80 retailers and restaurants such as Kay Jewelers, American Eagle, Zales, LensCrafters, Auntie Anne’s, Maurices, Zumiez, and many others. Outparcel merchants include Hannaford Supermarket, Party City, Vitamin Shoppe, and People’s United Bank. For complete information about UMall visit http://www.umallvt.com/. For leasing information, contact Don Mace at 781.418.6243 or DMace@KeyPointPartners.com.