PUEBLO, CO, Oct. 18, 2007 – Jones Lang LaSalle was selected by GEM Realty Capital, Inc. as co-leasing and managing agent for the 560,996-square-foot Pueblo Mall in Pueblo, CO. Located in the heart of the 41-square-mile Pueblo community 110 miles south of Denver, Pueblo Mall is anchored by Dillard’s, JCPenney, Sears and Sports Authority.
Jones Lang LaSalle will jointly lease the project with The North Shore Properties Group, LLC. The Jones Lang LaSalle team on this project includes Rick Sundberg, Regional Leasing Manager, and Cayce St. Aubin, Leasing Specialist, who are heading up leasing activities, and General Manger Tim Schweitzer. The North Shore Properties Group leasing team includes Steve Weiss and Max Reiswerg.
“Pueblo Mall is an exciting retail center that has long been Southern Colorado's premier shopping destination,” said Greg Maloney, President and CEO of Jones Lang LaSalle Retail. “We are delighted to have been selected for this assignment and are confident that our experience in leasing and managing regional centers will help strengthen Pueblo Mall’s leadership position. We look forward to putting our talented team to work on this assignment.”
Located at 3429 Dillon Drive at the intersection of Interstate 25 and Highway 47, Pueblo Mall features 80 national, regional, and local specialty stores offering a variety of popular merchandise and personal services.
Built in 1976, Pueblo Mall underwent a multi-million dollar renovation in 2005, which included new food court seating, family restrooms, new flooring and ceilings throughout, a new customer service center, soft seating areas, permanent children's play area, and new mall entries.
About GEM Realty Capital, Inc.
Founded in 1994, GEM Realty Capital, Inc. is a Chicago-based real estate investment company that invests in private-market and publicly traded real estate through two lines of business, GEM Realty Properties and GEM Realty Securities. Through GEM Realty Properties, GEM sponsors private equity real estate funds that invest directly in properties and loans. Through GEM Realty Securities, GEM manages a series of long-short real estate hedge funds that invest in publicly traded real estate securities, including REITs, real estate operating companies, and homebuilders. GEM has over $2.5 billion of real estate assets under management on behalf endowments, foundations, pension funds, insurance companies, financial institutions, and private clients.