BEACHWOOD, Ohio, Jan. 14, 2011 /PRNewswire/ -- Developers
Diversified Realty Corporation (NYSE: DDR) today announced that
Anthropologie will open an 11,202 square-foot store at Town Center
Plaza, a 626,000 square-foot lifestyle center located in
Leawood, Kansas.
Lorraine Adney, Director of the
Midwestern Region for the McDevitt Company, an international tenant
representation firm representing Anthropologie, said,
"Anthropologie is very excited to join Town Center Plaza in summer
2011 as the brand sees great potential in the Johnson County market. The Town Center Plaza
store will be uniquely designed and offer the sophisticated
Leawood customer a special place
to shop."
"Anthropologie is clearly one of the leading women's
ready-to-wear and accessories retailers operating today," said
Paul Freddo, senior executive vice
president of leasing & development for Developers Diversified.
"This unique and imaginatively designed store will be a tremendous
addition to Town Center Plaza and is a further example of our
company's commitment to remerchandising and reinvesting in our
Prime assets."
In 2010 at Town Center Plaza, Victoria's Secret relocated and expanded to a
new 7,200 square-foot prototype store, Bath & Body Works
expanded into a 3,267 square-foot space, and The Limited executed
an agreement to open a 4,595 square-foot store in spring 2011.
In addition to the new and expanded stores, Town Center Plaza
currently features Macy's, Dick's Sporting Goods, J. Crew, Pottery
Barn, Williams-Sonoma, Coldwater Creek, Banana Republic, The Gap,
Ann Taylor as well as other
specialty stores and restaurants. The shopping center is 97 percent
leased.
About Developers Diversified Realty
Developers Diversified owns and manages approximately 570 retail
operating and development properties in 40 states, Brazil, Canada and Puerto
Rico. Totaling approximately 132 million square feet, the
Company's shopping center portfolio features open-air,
value-oriented neighborhood and community centers, mixed-use
centers and lifestyle centers located in prime markets with stable
populations and high-growth potential. Developers Diversified is
the largest landlord in Puerto
Rico and owns a premier portfolio of regional malls in and
around Sao Paulo, Brazil.
Developers Diversified is a self-administered and self-managed REIT
operating as a fully integrated real estate company. Additional
information about the Company is available on the Company's website
at www.ddr.com.
SOURCE Developers Diversified Realty Corporation