Retail State of Mind.
Larry Weinstein
PRINCIPAL
Larry Weinstein is a Principal of Capricorn with over 35 years of commercial real estate experience. Prior to Capricorn he was President of Simon Property Group's Premium Outlet platform, overseeing a 75 shopping center portfolio consisting of over 30 million square feet in North America. Simon is one of the world's largest REIT's and an S&P 100 company. His portfolio included some of the most productive retail properties in the world, including Woodbury Common Premium Outlets, Desert Hills Premium, Las Vegas Premium, Orlando Premium, Toronto Premium, San Francisco Premium, Seattle Premium, Wrentham Premium, Waikele Premium, Camarillo Premium, and Carlsbad Premium to name just several. Larry was responsible for an annual EBITDA contribution of almost $2 billion. He led an organization with unparalleled retail leasing production in the U.S., overseeing several million square feet of transactions executed annually. Larry was with Simon for over 20 years (via Chelsea Property Group merger in 2004) , and rose through the ranks from top leasing producer to top company executive.
Prior to Simon, Larry was a top leasing producer with Prime Retail for 7 years (also a retail real estate REIT.) And prior to that, First Washington Management, a REIT as well. He began his career as a commercial real estate broker with Julien J. Studley, Inc. in Washington, D.C.
Larry is considered an expert in new market reconnaissance and diligence, having been an integral part in over 50 ground-up retail projects over the years, from dirt to grand opening. He also has seamlessly and efficiently transitioned multiple smaller portfolio's into the Simon infrastructure post-acquisition.
Most importantly, over the years Larry has maintained relationships and executed business with key executives of 100's of national/international retail brands, including but certainly not limited to Nike, Adidas, Puma, Under Armour, PVH (Calvin Klein, Tommy Hilfiger), VF (Vans, Timberland, The North Face, Kipling et al), Polo Ralph Lauren, Gucci, Capri (Michael Kors, Versace, Jimmy Choo), Restoration Hardware, Williams Sonoma (Pottery Barn, West Elm), American Eagle (Aerie), Tapestry (Coach, Kate Spade), Tory Burch, Luxottica, Salvatore Ferragamo, Victoria’s Secret, Bath & Body), Levi Strauss, Giorgio Armani, Cole Haan, Express, Genesco (Journeys, J&M), H&M, Hugo Boss, Signet Jewelers (Zales, Kay, Jared), Movado, Skechers, Estée Lauder, L’Oréal, Hudson’s Bay (Saks), Hot Topic, Torrid, Simon owned brands (including Aeropostale, Nautica, Brooks Brothers, Forever 21), Crocs, Guess, G111 (DKNY, Karl Lagerfeld), The Gap brands (Gap, Old Navy, Banana Republic, Athleta), Columbia Sportswear, Disney, Abercrombie (Hollister) among others.
Larry is highly regarded throughout the industry as hard working, honest and a straight shooter!
Education
Larry is a graduate of James Madison University and a long time member of The International Council of Shopping Centers.