Simi Valley Town Center loses Brookstone but occupancy climbs.

Byline: Stephanie Hoops

June 27--Just over a month after a new developer said it had stabilized tenant departure at the Simi Valley Town Center, big-name retailer Brookstone is gone, but the developer says occupancy has risen from 86 percent to 90 percent. The mall was purchased in December by Chicago-based Walton Street Capital LLC. Its partner, Colorado-based Alberta Development Partners, is developing the property. Last week, a count of stores open at the center revealed 19 of 118 spaces unoccupied. Many of the closed stores were dressed with advertisements directing shoppers to remaining tenant stores. In May, Alberta Development senior marketing associate Megan Campbell said the mall was 86 …