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Archive for Tuesday, September 19, 2000

American Eagle lands lease

Judge, financial planners also coming to Massachusetts St.

September 19, 2000

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A federal judge, financial planners and a national retailer of casual clothing are moving to the northern end of Massachusetts Street.

Several tenants are preparing to occupy new and renovated space along the west side of Massachusetts Street, north of Seventh Street.

American Eagle Outfitters will take the former home of Toy Moon at 619 Mass.

US Bancorp Piper Jaffray and Deanell Tacha, a U.S. 10th Circuit Court of Appeals judge, are moving into upstairs offices at 643 Mass.

Along with Eddie Bauer opening later this month and a new Gap by Thanksgiving, its been a pretty good summer for Tim Fritzel, a co-owner of the buildings.

"We're in the right place at the right time," said Fritzel, president of Gene Fritzel Construction Co. Inc.

American Eagle signed a 10-year lease for 7,000 square feet at 619 Mass., which will be renovated to include a small mezzanine and an exterior of brick and stone.

American Eagle which already has plans for a $45 million warehouse and distribution center in the East Hills Business Park wants to open its downtown store by Jan. 18. It will be modeled after a store in Georgetown, a historic shopping area in Washington, D.C.

Since announcing plans for the distribution center in March, American Eagle officials have been searching for a downtown space to sell cargo pants, jeans and other clothing.

They settled into a block that already is home to Gap, Abercrombie & Fitch and later this month Eddie Bauer.

"This is a real fast track," Fritzel said. "It feels good to land them. I think we had a superior location, they liked our location and we feel real fortunate to have them in the building."

US Bancorp Piper Jaffray is moving out of Intrust Bank, 901 Vt., into 2,000 square feet on the second floor of a new building being built by Gene Fritzel Construction.

Tacha, a Lawrence resident, will move her Lawrence judicial office into 4,000 square feet on the third floor of the building by Jan. 1. She currently has offices in western Lawrence, near 15th Street and Wakarusa Drive.

Eddie Bauer is scheduled to open Sept. 28, while Gap is expected to move by Nov. 24 into 15,000 square feet at 643 Mass.

Gap's current 4,500-square-foot home, at 647 Mass., likely will become a Banana Republic, Fritzel said. Gap has been in the building since 1996.

Around the corner, at Seventh and Vermont streets, construction continues on a new Talbots store. The retailer of classic women's clothing and accessories plans to move into its 4,500 square feet by the end of January.

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