Palm Beach Outlets says it’s adding half a dozen new tenants to its outdoor mall and strip center in West Palm Beach.
The largest of the new arrivals is discounter Five Below, which has taken 13,588 square feet in the space once occupied by Sports Authority. That box was vacated when Sports Authority went bust two years ago, but much of the store has been filled by HomeGoods.
In another notable new arrival, Caribou Coffee Co. is taking 1,205 square feet across from the Nike store. It’s Caribou Coffee’s first store in Florida, according to the company’s website.
The location is a franchise that will be run by food service giant Aramark, General Manager Sarah Kudisch said -- and it means shoppers in search of coffee won’t need to trek to the Starbucks or Whole Foods Market at the south end of the property.
Other new tenants:
- Noire Salon & Nail Bar leased 2,447 square feet.
- True Religion took 2,031 square feet.
- Moe’s Southwest Grill will move into 768 square feet in the food court.
- Burger King took 753 square feet.
Amid a difficult retail market, Palm Beach Outlets has lost some tenants, such as Sports Authority and Toys R Us. But the property remains mostly full, its mix of off-price retailers a sweet spot in the post-Amazon environment.
“We just keep signing leases,” Kudisch said.
Earlier this year, Palm Beach Outlets announced that Polo Ralph Lauren Factory Store took 10,124 square feet next to Saks Off Fifth, while Kipling, a seller of handbags and luggage, leased 1,606 square feet.
Palm Beach Outlets opened in 2014, trhiving where the old Palm Beach Mall floundered.
In 2015, a 460,000-square-foot chunk of the outlet mall sold for $278 million, the second-largest property sale in the history of Palm Beach County. Later that year, the 300,000-square foot strip center along Interstate 95 fetched $117 million.