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Featured in the Albuquerque Business First on October 6, 2025.
Albuquerque is set to welcome a new-to-market retailer in Cottonwood Corners as part of Phoenix-based SimonCRE’s effort to reposition the shopping center, which it acquired in 2024.
Sierra will occupy an approximately 20,000-square-foot junior tenant space within the former Toys “R” Us building, according to SimonCRE CEO and Founder Joshua Simon.
Sierra is owned by the TJX company (NYSE: TJX) and is an off-price retailer similar to TJ Maxx but with a focus on adventure gear and apparel, its website shows.
SimonCRE is planning to start construction on a major exterior and interior remodel of the building early next year, with the goal of having Sierra open by next holiday season, Simon officials said in an email statement.
