Feldman Mall Properties Signs Barnes & Noble at Colonie Center in Albany, New York.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Feldman Mall Properties, Inc. (NYSE NYSE See: New York Stock Exchange :FMP FMP FileMaker Pro FMP Forest Management Plan FMP Full Metal Panic (anime) FMP Fixed Maturity Plan FMP Federación de Mujeres Progresistas (Spanish: Federation of Progressive Women) ), a real estate investment trust exclusively focused on the renovation and repositioning of enclosed regional shopping malls, today announced that it has signed an approximately 33,000 square foot lease with Barnes & Noble, Inc. at Colonie Center located near Albany, New York For other uses, see Albany. Albany is the capital of the State of New York and the county seat of Albany County. Albany lies 136 miles (219 km) north of New York City, and slightly to the south of the juncture of the Mohawk and Hudson Rivers. . Larry Feldman, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Feldman Mall Properties, made the announcement. "We are committed to the goal of making Colonie Center into the premier shopping destination in the New York State capital region. Our extensive endeavors to transform Colonie Center into a Class A mall are evident with this important new Barnes & Noble lease," stated Mr. Feldman. "Barnes & Noble elevates bookstores to a whole new level by combining tremendous reading selections with food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. , comfortable seating, music and video. People don't go to Barnes & Noble to simply purchase books - they go to relax and enjoy themselves. This is exactly what we want to offer our Colonie Center shoppers: a destination to enjoy, explore and spend quality time." Barnes & Noble will be joining one of the most successful Macy's in upstate New York Upstate New York is the region of New York State north of the core of the New York metropolitan area. It has a population of 7,121,911 out of New York State's total 18,976,457. Were it an independent state, it would be ranked 13th by population. . In addition, Barnes & Noble will join three other recently signed tenants at Colonie Center: The Cheesecake Factory, Regal Cinema's and PF Chang's China Bistro. Other very successful anchors at Colonie include a Sears, Boscov's, Christmas Tree Shops Christmas Tree Shops are a chain of stores that started in Yarmouthport, Massachusetts on Cape Cod in 1970 as a complex of three small stores; the Front Shop, the Back Shop, and the Barn Shop. , FYE FYE For Your Entertainment FYE First Year Experience FYE Fiscal Year End FYE Funding Your Education FYE For Your Eyes (CSD-TV magazine) FYE For Your Enjoyment FYE Full Year Effect FYE First Year Enrichment FYE For Your Edification , and Steve & Barry's. "We are very excited about the expansion and upgrade of the Colonie Center by Feldman Mall Properties," said Mitchell Klipper, Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Barnes & Noble, Inc. "We have had a wonderful experience in our 13 years in the Albany area. We know that the Colonie Center's management and our prime location will allow us to provide the community with an even greater Barnes & Noble experience." Located just off of Interstate 87 on Wolf Road, Colonie Center is situated perfectly on the main thoroughfare for persons conducting business in the New York State capital region as well as for tourists visiting the entire Adirondack region. Nearly 2,000 hotel rooms and over 1,000,000 square feet of office space are located within immediate proximity to the Wolf Road corridor. Construction on the new Barnes & Noble at Colonie Center will commence during 2006 and the doors are expected to open during the first half of 2007. Shannon Older of the Dartmouth Company represented Barnes & Noble in the transaction. To receive the Company's latest news releases and other corporate documents, please contact the Company at (516) 684-1239. All releases and supplemental data can also be downloaded directly from the Feldman Mall Properties website at: www.FeldmanMall.com. About Barnes & Noble, Inc. Barnes & Noble, Inc. (NYSE: BKS BKS Barracks BKS Best Kept Secret (gaming) BKS Bildung, Kultur Und Sport (German) BKS Brookside (city) BKS Bergen Kirurgiske Sykehus (Bergen, Norway) ), the world's largest bookseller and a Fortune 500 company, operates 824 bookstores in 50 states. For the fourth year in a row, the company is the nation's top retail brand for quality, according to the EquiTrend(R) Brand Study by Harris Interactive(R). Barnes & Noble conducts its online business through Barnes & Noble.com (www.bn.com), one of the Web's largest e-commerce sites and the number one online bookseller for quality among e-commerce companies, according to the latest EquiTrend survey. General information on Barnes & Noble, Inc. can be obtained via the Internet by visiting the company's corporate Web site: http://www.barnesandnobleinc.com. About Feldman Mall Properties, Inc. Feldman Mall Properties, Inc. acquires, renovates and repositions enclosed retail shopping malls. Feldman Mall Properties Inc.'s investment strategy is to opportunistically acquire underperforming malls and transform them into physically attractive and profitable Class A or near Class A malls through comprehensive renovation and re-tenanting efforts aimed at increasing shopper traffic and tenant sales. |
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