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PRESS RELEASE / ANNOUNCEMENTS Monday, October 17, 2016

Paseo Nuevo welcomes PINK and unveils newly remodeled Victoria’s Secret

Paseo Nuevo Shops & Restaurants Welcomes
PINK and unveils newly remodeled Victoria’s Secret


Santa Barbara, CA – October 10, 2016 – International retailer, Victoria’s Secret will unveil a brand-new PINK shop as part of its newly remodeled Victoria’s Secret store at 10 AM on Friday, October 14, 2016 at Paseo Nuevo Shops & Restaurants.

Victoria’s Secret, the leading specialty retailer of lingerie and beauty products with modern fashion-inspired collections and prestige fragrances, will boast nearly 7,600 square feet of newly appointed fixtures, facades and flooring. While right next door, PINK will debut in a beautiful, new 1,700 square feet space at Paseo Nuevo, in the heart of Downtown Santa Barbara.

PINK is a spirited lifestyle brand dedicated to the independent collegiate woman. Sometimes cheeky, always fun and absolutely comfy, the range includes hoodies, tees, tanks, sweats, bras, panties, yoga, accessories, beauty and more, all designed to appeal to the spirit, humor, optimism and self-confidence of the young woman who lives and loves PINK.

“As one of our most popular retailers, we are excited to reveal the new Victoria’s Secret store and to introduce PINK to the Santa Barbara community”, said Kristen Weidemann, General Manager for Paseo Nuevo Shops & Restaurants. “There has been great excitement and energy in anticipation of the new stores. Our residents and students are big supporters and we know they will be excited too!”

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About Paseo Nuevo

Paseo Nuevo is the Pacific Coast’s most distinctive collection of unique, stylish retailers between Los Angeles and San Francisco. The center is located in the heart of downtown Santa Barbara – an international mecca for those seeking luxurious surf, serenity, sun and shopping. Opened in 1990, the center is anchored by Nordstrom and Macy’s, California’s most dominant department stores. Presented in a charming, open-air Spanish setting, Paseo Nuevo features 154,900 square feet of specialty retailers and restaurants like Eureka! Gourmet Burgers, Sephora, Lush, Aveda, Lorna Jane and others. For more information, visit http://www.paseonuevoshopping.com/

About Pacific Retail Capital Partners

Pacific Retail Capital Partners is a fully integrated, entrepreneurial organization with an unparalleled depth of knowledge in all aspects of retail real estate. Its team of executives and strategic partners draw on decades of experience with major national shopping center owners to deliver top-tier service as an operating partner and provide efficient oversight of the company’s own portfolio. Pacific Retail’s broad-based talent is versed in multiple disciplines from investment and development, which enables the company to quickly assess market opportunities, to management, leasing and marketing which allows it to effectively control costs and maintain the quality of its properties. Based in Southern California, the company operates nationally with a particular emphasis on large regional malls. Its investment and management portfolio includes the West Oaks Mall in Houston; Yorktown Center in suburban Chicago; Colonie Center outside Albany, New York; South Towne Center in Sandy, Utah, Queen Ka’ahumanu Center on Maui, Hawaii, the Galleria at White Plains in White Plains, New York; Northpark Mall in Ridgeland, Mississippi and The Esplanade in Kenner, Louisiana outside of New Orleans. To learn more visit http://www.pacificretail.com

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