Health & Beauty Close-up

Sephora to Open New Store at Colonie Center Mall in Albany, N.Y.

May 20, 2007 Sunday

Feldman Mall Properties announced that Sephora, a European beauty retailer offering fragrance, cosmetics and facial skin care products, will open its first store in the Capitol region at the Colonie Center Mall in Albany, NY.

Construction is expected to be completed and the store open in time for Christmas.

"Sephora is recognized around the world as a leader in beauty products and is exactly the type of high-end retailer that Feldman Mall Properties seeks to attract as we continue to transform Colonie Center," said Larry Feldman, Chairman and CEO of Feldman Mall Properties. "We are delighted that Sephora has joined companies like L.L. Bean in choosing Colonie Center for their first Capitol Region location. With our new brand name tenants including Barnes & Noble, Cheesecake Factory, P.F. Chang's, Regal Cinemas and L.L. Bean included in our tenant roster at Colonie Center, the mall is rapidly becoming the premier shopping destination in the New York State capital region."

Colonie Center is located just off Interstate 87 on Wolf Road, which is a main thoroughfare for the state capital region and tourists visiting the Adirondacks.

Feldman Mall Properties acquires, renovates and repositions enclosed retail shopping malls.

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