USA. Duty Free Americas, a Dufry Phoenix Retailers joint venture and SFS PHX LLC have been named as the bidders for duty free concessions at Phoenix Sky Harbor International’s Terminal 4.
Paradies Lagardère has bid for three speciality retail concession packages. Two packages, including an ‘open concept’ in the terminal’s lobby, received no responses.
Here are the list of concessions packages and the full list of respondents in phase two of the retail concession contract solicitation process:
The City of Phoenix Aviation Department approved a series of speciality retail concession awards at T4 in June as part of the first phase of its solicitation process. Among the winners were Lagardère Travel Retail and Partners, Avila Retail Development and Management, HG Phoenix Retailers JV, Paradies PHX and XpresSpa Phoenix Airport.
The lease term is seven years with one three-year option. Rent will be whichever is greater of the minimum annual guarantee (MAG) or percentage rent. The contract requires a minimum capital investment of US$350 per sq ft.
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