Woodland Mall

Aqua-Tots Swim Schools Launches Newest Location in Grand Rapids, Michigan With Year-Round Swim Lessons for Children

Retrieved on: 
Tuesday, August 15, 2023

Grand Rapids, Mich., Aug. 15, 2023 (GLOBE NEWSWIRE) -- Aqua-Tots Swim Schools , the largest international swim school franchise, is thrilled to announce the opening of its 141st worldwide location in Grand Rapids, Michigan.

Key Points: 
  • Grand Rapids, Mich., Aug. 15, 2023 (GLOBE NEWSWIRE) -- Aqua-Tots Swim Schools , the largest international swim school franchise, is thrilled to announce the opening of its 141st worldwide location in Grand Rapids, Michigan.
  • The National Institutes of Health reports that participation in formal swim lessons can reduce the risk of drowning by 88% in children under the age of four.
  • Aqua-Tots Grand Rapids stands as a bastion of water safety education, empowering children with life-saving skills while fostering a love for swimming.
  • To learn more about Aqua-Tots Grand Rapids or to pre-enroll in lessons, visit aqua-tots.com/grand-rapids or call 616-213-0040.

Over a Dozen Diverse and Impactful Tenants in 575,000 Square Feet Opening Throughout PREIT Portfolio, Strengthening Core Assets

Retrieved on: 
Monday, August 14, 2023

Adding to the plan to create a vibrant multi-use destination, PREIT is planning to incorporate apartments and a hotel on the property, expanding its appeal.

Key Points: 
  • Adding to the plan to create a vibrant multi-use destination, PREIT is planning to incorporate apartments and a hotel on the property, expanding its appeal.
  • DICK's House of Sport at Viewmont Mall opened in 90,000 square feet on August 11, 2023.
  • "Creating a diverse tenant mix is a key ingredient in today's rapidly-evolving retail climate," said Joseph F. Coradino, CEO of PREIT.
  • "We are well positioned with a high-quality portfolio in desirable markets to capture tenants that create a compelling consumer experience.

PREIT Reports Second Quarter 2023 Results

Retrieved on: 
Thursday, August 3, 2023

PHILADELPHIA, Aug. 3, 2023 /PRNewswire/ -- PREIT (OTCQB:PRET) today reported results for the three and six months ended June 30, 2023. A description of each non-GAAP financial measure and the related reconciliation to the comparable GAAP financial measure is provided in the tables accompanying this release.

Key Points: 
  • Robust leasing activity is driving increased occupancy with Core Mall Total Occupancy increasing by 40 basis points to 94.2% compared to the second quarter 2022.
  • Core Mall non-anchor Occupancy improved 70 basis points to 91.2% compared to the second quarter 2022.
  • Additional information regarding changes in operating results for the three and six months ended June 30, 2023 and 2022 is included on page 15.
  • The Company's Credit Facilities, with a balance of $1,023.1 million as of June 30, 2023, mature on December 10, 2023.

Aqua-Tots Swim Schools Sailing into The Great Lakes State with Newest Location Coming to Grand Rapids, Michigan

Retrieved on: 
Monday, July 10, 2023

Grand Rapids, Mich., July 10, 2023 (GLOBE NEWSWIRE) -- Aqua-Tots Swim Schools , the largest international swim school franchise, is excited to announce its newest location coming soon to Grand Rapids, Michigan.

Key Points: 
  • Grand Rapids, Mich., July 10, 2023 (GLOBE NEWSWIRE) -- Aqua-Tots Swim Schools , the largest international swim school franchise, is excited to announce its newest location coming soon to Grand Rapids, Michigan.
  • Aqua-Tots Grand Rapids’ state-of-the-art facility will span 8,500 square feet and will provide high-quality swim instruction to the local community.
  • Aqua-Tots Grand Rapids is the seventeenth U.S. location for siblings Annette, Brian, Faraj and Patrick Tomina who also own locations in California and Florida.
  • Aqua-Tots is also actively hiring swim instructors and guest service associates for its Grand Rapids location.

PREIT Completes Extension of Key Mortgage Maturity and Provides Update on Asset Sales

Retrieved on: 
Tuesday, January 3, 2023

PREIT also completed the sale of a former department store space at Valley View Mall for gross proceeds of $2.6 million.

Key Points: 
  • PREIT also completed the sale of a former department store space at Valley View Mall for gross proceeds of $2.6 million.
  • "We are pleased to have secured this key extension, having also recently extended the maturity date on our Credit Facilities, meaningful milestones for our debt maturity schedule," said Joseph F. Coradino, Chairman and CEO of PREIT.
  • "Executing on asset sales and utilizing excess cash to pay down debt is a top priority for PREIT as we start 2023."
  • We do not intend to update or revise any forward-looking statements to reflect new information, future events or otherwise.

PREIT Delivers Expanding Retailers to New Markets

Retrieved on: 
Tuesday, July 19, 2022

PHILADELPHIA, July 19, 2022 /PRNewswire/ -- PREIT (NYSE: PEI), today announced that a list of growing retailers are set to join the lineup at key properties in dynamic markets.

Key Points: 
  • PHILADELPHIA, July 19, 2022 /PRNewswire/ --PREIT (NYSE: PEI), today announced that a list of growing retailers are set to join the lineup at key properties in dynamic markets.
  • At the same time, bringing new tenants to markets enhances repeat visits from customers seeking an evolving fresh tenant mix.
  • PREIT has a history of bringing new tenants to these key markets.
  • Today PREIT highlights three retailers choosing to expand within its strong portfolio.

Von Maur Department Store Opens Third Location in Michigan

Retrieved on: 
Saturday, October 12, 2019

DAVENPORT, Iowa, Oct. 12, 2019 /PRNewswire/ -- Von Maur Department Stores opened a new store today at Woodland Mall in Kentwood, Mich.

Key Points: 
  • DAVENPORT, Iowa, Oct. 12, 2019 /PRNewswire/ -- Von Maur Department Stores opened a new store today at Woodland Mall in Kentwood, Mich.
  • Von Maur is also widely-regarded for its superior customer service, including an interest-free charge card, accommodating return policy, free gift wrapping and free shipping services.
  • Von Maur opened its first Wisconsin location in 2017 and a second Minnesota location in 2018, and it has grown in new states beyond its Midwestern footprint, including New York, Alabama and Oklahoma.
  • "With its easy accessibility to the larger Grand Rapids area and exceptional collection of shopping, dining and entertainment options, Woodland Mall is a fantastic location for us to continue growing our brand in Michigan," said Jim von Maur, president of Von Maur.