Apple’s Second Store Moving Across Street

April 26, 2011

Just six months after its 10-year lease runs out, the second store in Apple’s chain at the Glendale Galleria (S. Calif.) will reportedly move across the street to the more modern The Americana at Brand shopping mall, the second major defection from the 1976-vintage mall in the last two months. A job listing has appeared for an Apple store at The Americana, just a month after long-time tenant Nordstrom announced their plans to move from the Galleria and open a store in the newer mall by 2013. A handful of early stores have moved to nearby and larger spaces. However, because of this store’s heritage and some history between the two malls, this move would be especially significant. Most of Apple’s leases are for 10 years, according to financial reports, although some are signed for 15 years. As next month’s 10th anniversary of the stores approaches, 25 other leases are coming up for renewal or renegotiation by year’s end. The Americana was opened in 2007 by Caruso Affiliated, which has had a long-time feud with General Growth Properties (GGP), which manages the Galleria. The Americana itself has been controversial among some community members who say its condos, apartments, and retail space is too expansive for the city. Earlier this month Caruso settled a lawsuit filed by a neighboring property owner, clearing the way for a planned expansion of his mall. For the moment, job listings still remain posted for the existing Galleria Apple store. Based on standard construction schedules, the new store could open by mid-November. Update: New reports state that the existing store is not moving, but rather the new store will be an additional location in 13,966 square-feet of space #877, formerly the Ruehl store. If so, the two stores would be only 600 feet, door-to-door from each other, the closest of any stores in the chain.

The new space is reportedly along Americana Way, in the middle of the Main Street-style shopping complex. According to leasing documents (pdf), the annual rent is $725,673, and show Apple will be assuming Ruehl’s lease, which expires in May 2018. Download (pdf) a plan of The Americana complex.

The existing Apple store is 600 feet to the left, across Central St. in the Glendale Galleria.

The second store for Glendale will be 600 feet east of the current store, in space #877 of The Americana at Main Street-style Brand shopping mall.

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