OAK BROOK, Ill., Sept. 8, 2014 /PRNewswire/ -- Retail Properties
of America, Inc. (NYSE:RPAI) announced today that Dollar Tree has
signed a 12,767 square foot lease at Pelham Manor Shopping Plaza in
Pelham, New York, bringing the
center to 100% leased for the first time since the center opened in
2008.
Pelham Manor Shopping Plaza is located within the southern
portion of Westchester County,
approximately 10 miles north of Manhattan. The 228,000 square foot center
caters to the surrounding neighborhoods of Pelham Manor,
Mount Vernon, New Rochelle and the north Bronx. Acquired in 2013, the center features
national retailers such as BJ's Wholesale Club, PetSmart, Michaels
and more.
"We are excited to achieve a 100% leased rate at Pelham Manor
Shopping Plaza, while also bringing another national retailer to
the community," said Greg Goldberg,
vice president, leasing director, north region. "Dollar Tree is the
perfect complement to the other national retailers already at the
center and we look forward to their grand opening."
Dollar Tree will be located next to Five Guys Burgers and Fries
and is expected to open in early November
2014.
About RPAI
Retail Properties of America, Inc. is a REIT and is one of the
largest owners and operators of high quality, strategically located
shopping centers in the United
States. As of June 30, 2014,
the Company owned 224 retail operating properties representing 31.8
million square feet. 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.
Media Contact:
Kimberly Freely
Director, PR & Communications
630-634-4319
freely@rpai.com
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SOURCE Retail Properties of America, Inc.