Projects

Southland Mall
Located in Hayward, California, Mr. Klutznick led the on-site team in the center’s renovation.  Mr.Klutznick was responsible for the construction of a new food court, cohesive interior and exterior graphics package, and in conjunction with Tony Horton Design, implemented a new specialty leasing program.  The renovation brought new life and direction to the aging asset, which led to a successful refinancing of the asset through Goldman Sachs.  Some of the industry’s earliest specialty leasing concepts evolved from the efforts at this project.

Stratford Square
Mr. Klutznick supervised the ground up construction of the asset’s sixth anchor, Sears, implemented the inaugural specialty leasing program and was charged with all day-to-day operational matters for the super regional mall in Bloomingdale, Illinois on behalf of the client, Union Bank of Switzerland.

Northbrook Court
In 1992, when the high-end regional mall in the affluent North Shore of Chicago required some attention, Mr. Klutznick was retained for this high profile project.  In conjunction with ownership, Grosvenor International, Mr. Klutznick led the on-site team during the buyout of JC Penney and the sourcing and leasing of the space to the long sought after Marshall Field’s.  Working with LMN Architects from Seattle, and Project Manager Walt Niehoff, the interior, exterior, and graphics were redeveloped securing this asset’s place as the primary retail destination on the North Shore.

Town Square Wheaton
Mr. Klutznick was hired by Carpenter & Company, Inc. to manage its newest ground up project, Town Square Wheaton in Wheaton, Illinois.  Town Square Wheaton was a joint venture between Carpenter and Don Fisher, Chairman of the Gap.  Equity partner, Nomura Real Estate provided financing for the “anchorless mall,” designed by world renowned Robert A.M. Stern of New York.  The outdoor center, with parking inside the ring of stores, included a tenant mix dominated by national retailers (Ann Taylor, Talbots, Gap, Banana Republic, Starbucks and Barnes & Noble) with a splash of local and regional retailers located in a “town square” setting with second floor office space.  The project opened in 1992, 100% leased.

MarketFair
In 1996, Carpenter & Company, Inc. selected Mr. Klutznick for the ambitious repositioning of Princeton MarketFair in West Windsor, New Jersey.  A community proud of the struggling retail center built in the late 1980’s, became a “partner” as Mr. Klutznick and Carpenter’s Executive Vice President, I. Jefferson McKenzie created the vision necessary to move the asset forward on behalf of the client, Sarofim Realty Advisors.  The repositioned asset was renamed MarketFair, with a new food court and a renovated United Artist Theater with stadium seating. In addition, the buyout of Oshman’s Sporting Goods, a “landlocked” anchor space was divided to build a new mall entrance, Big Fish Restaurant and Storehouse Furniture. Twenty-two stores were constructed and opened in 14 months including new to market retailers Restoration Hardware, Smith & Hawken, Villeroy & Boch and Anthropologie.  The asset was literally turned “inside out” with exterior storefronts and individual entrances created for Pottery Barn Design Studio, Smith & Hawken and Restoration Hardware to take advantage of US Route 1 and the 100,000 cars that passed by the asset each day.  At the completion of the project, MarketFair became the premier retail destination in central New Jersey.

O’Hare International Airport/Midway Airport
Mr. Klutznick was chosen by Unison Maximus and its client, the City of Chicago, as the Director of Retail Operations for O’Hare and Midway airports with bottom line responsibility for more than 300 stores and $120,000,000+ in annual gross sales.  During Mr. Klutznick’s tenure, the new concession triangle was constructed and opened at Midway airport.  The project was awarded the 2003 Airport Concession Program of the year by Airport Revenue News.  Similarly, the renovation of the O’Hare H/K concourse food court was completed, award winning as well.  This assignment became more challenging in light of the events on 9/11, which changed the business model of all airport retail operations throughout the United States.

Worthington Square
Carpenter & Company, Inc. again engaged Mr. Klutznick in 2003 to work under the direction of I. Jefferson McKenzie to reposition Worthington Square in Columbus, Ohio on behalf of its clients, Sarofim Realty Advisor and Stanford University.  Mr. Klutznick and Mr. McKenzie successfully facilitated the expansion and sale of the anchor tenant, Kroger, to its high-end concept Fresh Fare, to better reflect the customer base.  New to market retailer White House Black Market and one of the initial Talbots Mens concepts were brought to the project to join Ann Taylor, Gap, Victoria’s Secret, Bath & Body, Pendleton, as well as Talbots, Talbots Petites, Talbots Woman, Talbots Kids and Talbots Shoes & Accessories.

Arden Fair
Mr. Klutznick was appointed Senior Property Manager by the Macerich Company in 2006 on behalf of its clients Fulcrum Properties and AEW Capital Management.  Mr. Klutznick was responsible for day-to-day operations of Northern California’s most successful retail center and worked closely with local owner, Mort Friedman, on all day-to-day matters. Mr. Klutznick had the opportunity to work with industry renowned JPRA Architect for the second time (MarketFair) on the future look and direction of Arden Fair.  While at Arden Fair, Mr. Klutznick facilitated the purchase and installation of a $1,500,000 state of the art digital security camera system and license plate readers which dramatically enhanced the environment of the asset.  These improvements elevated Arden Fair, and its owners, to the forefront of proactive security efforts in the industry.