This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Garrison Investment Group Acquires Louisiana Boardwalk, Retains EWB Development To Re-position As "The Outlets At Louisiana Boardwalk"

BOSSIER CITY, La., April 11, 2013 /PRNewswire-USNewswire/ -- Garrison Investment Group of New York has acquired Louisiana Boardwalk, a 562,520 square foot retail / mixed-use development on the waterfront of Bossier City, Louisiana. Garrison has retained EWB Development LLC, the predominant consultant firm in the outlet industry, to lease and market the center as a true outlet destination.  The converted retail center will be relaunched as The Outlets at Louisiana Boardwalk. 

(Logo: http://photos.prnewswire.com/prnh/20120319/DC72309LOGO)

The Louisiana Boardwalk was developed along the Red River, directly across from Shreveport.  The twin cities of Shreveport and Bossier City, the state's second largest market, host a bustling convention center, and numerous casinos and hotels, which draw over 11 million visitors each year.

Opened in 2005, the project is anchored by the only Bass Pro Shops within a 3 1/2 hour drive and by Northwest Louisiana's only IMAX theatre.  A strong mix of outlet retail brands and soft goods retail stores, additional entertainment venues and several restaurants complement the anchors.

The development features approximately 69,000 square feet of well leased 2 nd story office space, and a high performing Marriott Courtyard Hotel.  The Margaritaville Hotel and Casino will open this summer, adding 400 hotel rooms and a significant additional draw to the center.

"Our focus and experience in retail re-development, and study of market trends has led us to the conclusion that outlet retail is the highest and best use for this exciting regional destination," states Mitchell Salmon, Senior Vice President/Director of Garrison Investment Group.  "We are making a significant commitment of time and resources to that end."

"EWB is very excited to begin this project and really take it to the next level of prosperity," adds Lisa Wagner, Partner at EWB. "There is great synergy among outlets, casinos and tourism, and we feel confident in repositioning this beautiful center into a real outlet destination."

About Garrison Investment Group Garrison Investment Group is an asset based investor with more than 60 years of experience in shopping center acquisitions, development, leasing and asset management.  Headquartered in New York City, Garrison owns a total of 38 shopping centers comprising 8.2 million square feet of leasable space in regional malls, lifestyle centers and neighborhood community shopping centers across 12 states.  For more information, please visit www.garrisonretail.com.

About EWB Development LLC As the largest third-party provider of leasing, marketing and outlet development consultation services in the industry, EWB Development, LLC provides strategic direction, marketing consultation, management and leasing to existing and prospective outlet properties in the United States and throughout the world.  EWB has participated and/or directed the development programs of more than 50 outlet centers in the U.S., Europe and Canada, and has overseen the ongoing marketing, leasing, and management of dozens more.  For more information, visit the company's website at  www.ewbdevelopment.com.

SOURCE EWB Development, LLC

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,279.74 +13.75 0.08%
S&P 500 2,010.40 -0.96 -0.05%
NASDAQ 4,579.7890 -13.6380 -0.30%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs