PARAMUS, N.J., April 10, 2013 /PRNewswire/ -- MPI recently completed a yearlong facade and building renovation at The Atrium at Fashion Center; a 171,376 square foot vertical retail building anchored by Bed Bath & Beyond and T.J. Maxx. MPI's recent improvements include a new glass atrium that provides direct pedestrian access to all three floors of the well-known retail center. The atrium features glass elevators and dramatic lighting that compliment and modernize the look of the longstanding building. Interior improvements include new escalators, public lobbies, and interior finishes while attractive new signage boards and sleek Trespa wall panels bring a fresh aesthetic to the exterior. Buy Buy Baby, a new flagship anchor tenant, occupying the entire third floor opened in December 2012 and brings an exciting dynamic to the center.
"MPI is committed to enhancing the shopping experience at The Atrium at Fashion Center for our customers and merchants. We are excited about our recent improvements including the official re-opening of the third floor and addition of Buy Buy Baby. We feel they are a great addition to the community we serve and look forward to their success," says Ryan Guheen, Senior Vice President at MPI.
Located at the northern end of the Route 17 corridor in Paramus, NJ, The Atrium at Fashion Center is positioned in the most robust retail trade area in New Jersey and one of the largest shopping areas in the country. Access to the property is located off of Ridgewood Avenue and Route 17 North, which is one of New Jersey's most heavily traveled roads. The Fashion Center and Paramus Park Mall anchor the northern end of the Route 17 corridor. Paramus is home to five regional malls, numerous shopping centers and freestanding retail properties. Paramus generates over $5 billion in retail sales per year which places it among the top ZIP Codes in the United States.
MPI, Mall Properties Inc., is a privately owned real estate firm that has specialized in the development, acquisition and management of commercial real estate for more than 45 years. The close integration of investment and operating capabilities has given MPI a reputation as one of the leading private owners of commercial real estate in the country. The company is headquartered in New York City and owns and manages a diverse portfolio of Retail, Hotel, Office, and Residential properties in 11 states. www.mpi-re.com
SOURCE MPI, Mall Properties Inc.