Hand-Finished Jewelry Store Pandora Signs 1,861 SF Lease at The Shoppes at Webb Gin, With Opening Anticipated This Fall
- August 5, 2024
- Georgia
330,000 square foot Atlanta-area lifestyle center owned by Continental Realty Corporation
Pandora, the Denmark-based jewelry brand regarded for its hand-finished pieces, has selected The Shoppes at Webb Ginn for the company’s thirteenth location in the greater Atlanta metropolitan area. Recognized as the world’s largest jewelry brand, the retailer signed a lease with Continental Realty Corporation (CRC) for 1,861 square feet of space at the 330,000 square foot lifestyle center located in Snellville, Georgia and expects to open in October. Monica Johnson and Kelsi Holman of CRC represented the landlord and Michele Reale of The Shopping Center Group represented the tenant in this lease transaction.
CRC, a Baltimore-based real estate investment and management company active in 11 states and with a portfolio value exceeding $3.7 billion, acquired The Shoppes at Webb Gin in 2022. With the addition of Pandora, the outdoor lifestyle center is now 92 percent leased.
Pandora designs, manufactures and markets hand-finished jewelry made from high-quality materials at affordable prices. Pandora jewelry is sold in more than 100 countries through 6,400 points of sale, including more than 2,600 concept stores.
Constructed in 2006, The Shoppes at Webb Gin is located at 1350 Scenic Highway South on approximately 48 acres along Scenic Highway North, the major freeway which connects Snellville to Lawrenceville, with more than 40,000 vehicles passing the site daily. The regional center is home to more than 60 tenants, including national retailers Sprouts Farmers Market, DSW, Sephora, Barnes & Noble, Bath & Body Works, H&M, Chico’s, Kay Jewelers, Loft, Sunglass Hut, Vera Whole Health, Victoria’s Secret, Warby Parker and White House Black Market. Sit-down and fast-casual restaurants located at The Shoppes at Webb Gin include Bonefish Grill, Chili’s Grill & Bar, Longhorn Steakhouse, Red Robin, Wild Wing Café and Ted’s Montana Grill.
“Pandora is a brand synonymous with excellence, and its extremely wide and diverse customer base is known for its intense loyalty to this iconic retailer,” stated Kristina O’Keefe, Vice President of CRC’s Commercial Division. “Bringing this global retailer to The Shoppes at Webb Gin is the latest example of our commitment to enhance the tenant mix and improve the shopping experience. Pandora’s selection of necklaces, rings, earrings, lab-grown diamonds and engravable jewelry aligns perfectly with the lifestyle center’s positioning as a leader in offering the latest and most popular fashion and accessory trends.”
Headquartered in Copenhagen, Denmark, Pandora employs 27,000 people worldwide and crafts its jewelry at two LEED-certified facilities in Thailand. Pandora is committed to leadership in sustainability and says it will use only recycled silver and gold in its jewelry by 2025 and halve greenhouse gas emissions across its value chain by 2030. Pandora is listed on the Nasdaq Copenhagen stock exchange.
Headquartered in Baltimore, Maryland and founded in 1960, Continental Realty Corporation is a full-service commercial real estate and investment company focused on acquiring and operating retail and multifamily properties. The privately held firm owns and manages a diversified portfolio of retail centers consisting of nearly eight million square feet of commercial space and over 9,000 apartment homes across 11 states, with a portfolio value exceeding $3.7 billion. For additional information, visit www.crcrealty.com.