Lockard announced a new anchor tenant for Sunset Crossings in Waukesha, WI. Off/Aisle by Kohl’s, an outlet store stocking discounted merchandise previously returned to Kohl’s stores and Kohls.com, will occupy approximately 25,000 sf of the redevelopment of the former Kmart building.
“Sunset Crossings is pleased to have the Off/Aisle by Kohl’s concept as part of the center and we look forward to its opening,” said Robert Smith, Jr., SIOR, CCIM, president of Lockard. “It is very exciting to be a part of Kohl’s rollout of this new concept, especially in their home state. We are also in negotiations with other regional and national retailers and will have future announcements very soon.” Construction of the space has begun, and Kohl’s is planning a March 2016 opening.
“The tenant is a new concept to Wisconsin,” said Jon Thoresen, president of Commercial Property Associates, Inc., noting this store will be only the second in the country. Jon Thoresen and Tom Treder, CCIM, also of Commercial Property Associates, Inc., were the brokers involved. Lockard Waukesha Holdings, a subsidiary of Lockard Companies of Cedar Falls, Iowa, is the developer of the property.
Sunset Crossings is a shopping center at Sunset Drive and East Avenue that is approximately 130,000 sf, with other tenants including Xperience Fitness and Dollar Tree. The center will also have two out-lots for restaurants or small tenant spaces.
Contact:
Dustin Whitehead, CCIM
319-277-8000
dwhitehead@lockardonline.com