Retail Properties of America, Inc. Announces 2 New Retailers Opening at La Plaza Del Norte
OAK BROOK, Ill.--(BUSINESS WIRE)-- Retail Properties of America, Inc. (NYS: RPAI) announced today that one of its subsidiaries signed two new leases at La Plaza Del Norte center in San Antonio, TX. The leases represent over 42,000 square feet and include an 18,900-square-foot lease with Sam Moon Trading Co. and a 23,229-square-foot Total Wine & More store.
"We are pleased with the leasing momentum at this center and are excited about these brands opening their first locations in San Antonio," said Jason Kasal, vice president/ leasing director for RPAI Southwest Management LLC, a subsidiary of RPAI. "The outstanding tenant mix has driven traffic and sales at the center resulting in the center being over 98 percent leased."
La Plaza Del Norte, located in the San Antonio shopping district, across from North Star Mall, will be the first San Antonio location for both retailers. This will be Sam Moon's 8th store in Texas which features a unique assortment of women's fashion handbags, jewelry and accessories.
Total Wine & More, operates over 85 superstores across 15 states. The retailer offers more than 8,000 different wines from every wine-producing region in the world. Additional offerings include more than 2,500 beers and 3,000 different spirits from every price range and category.
La Plaza Del Norte is a 320,000 square foot power center anchored by Best Buy, Sports Authority and Ross Dress for Less. Other major tenants include DSW, Bealls, David's Bridal and Petco.
Retail Properties of America, Inc. is a fully integrated, self-administered and self-managed real estate investment trust that owns and operates high quality, strategically located shopping centers across 35 states. The Company is one of the largest owners and operators of shopping centers in the United States. The Company is publicly traded on the New York Stock Exchange under the ticker symbol RPAI. Additional information about the Company is available at www.rpai.com.
Retail Properties of America, Inc.
(630) 634-4288 or Megill@rpai.com
KEYWORDS: United States North America Illinois Texas
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