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Simon: Retailer Demand Propels King of Prussia Expansion

KING OF PRUSSIA, PA-Owner Simon Property Group is in the early stages of planning for the 140,000-square-foot connector. But construction should not effect day-to-day operations, Chief Marketing Officer Mikael Thygesen tells GlobeSt.com’s Debra Hazel.

By Debra Hazel | Updated on December 01, 2011

KING OF PRUSSIA, PA-Much is still up in the air regarding the tenant mix and even the architect for the 140,000-square-foot expansion that will link the Court and Plaza of King of Prussia here, announced earlier this week. But one thing is certain, says owner Simon Property Group: there are more than enough retailers to fill what already is the largest mall complex on the East Coast.

“When we acquired virtually a 100% interest in the property two months ago, we took a fresh look at what we could do to enhance the asset,” Mikael Thygesen, chief marketing officer of Simon Property Group, tells GlobeSt.com. “It’s a wonderful asset, with strong demand, and adding GLA is always in the back of our minds.”

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