BEACHWOOD, Ohio, Nov. 15, 2010 /PRNewswire-FirstCall/ --
Developers Diversified Realty Corporation (NYSE: DDR) today
announced that The Sports Authority, HomeGoods and a broad
selection of retail shops and restaurants are opening and coming
soon to The Shops at Midtown Miami, a 645,000 square-foot mixed-use
retail, dining and residential center located in Miami, Florida.
The Sports Authority, a full-line sporting goods chain, plans to
open a 34,544 square-foot store in 2011. HomeGoods, an off-price
home decor store, opened a 25,182 square-foot location in late fall
2010.
Additional openings this year and next include a wide variety of
boutique retailers, off-price fashion and six exciting new
restaurants totaling approximately 20,000 square feet.
With the addition of these new retailers and restaurants at The
Shops at Midtown Miami, this Prime property is over 90% leased.
About Developers Diversified Realty
Developers Diversified owns and manages approximately 590 retail
operating and development properties in 41 states, Brazil, Canada and Puerto
Rico. Totaling more than 134 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