REAL ESTATE

Big Lots to open at Reisterstown Road Plaza

BY Staff Writer

Baltimore — Oak Brook, Ill.-based Inland Western Retail Real Estate Trust announced that Reisterstown Plaza Associates LLC, one of its wholly owned subsidiaries, has signed a lease with Big Lots to occupy a 35,000-sq.-ft. location at Reisterstown Road Plaza in Baltimore.

The Big Lots is slated to open this fall and brings the center to more than 92% leased.

Reisterstown Road Plaza is a 796,733-sq.-ft. power center located in a high density area with a population exceeding 150,000 within a 3-mile radius. The center includes 200,000 sq. ft. of office space and is anchored by Home Depot, Marshall’s, Burlington Coat Factory, Shopper’s World and Giant Foods.

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REAL ESTATE

Anthropologie to open in Old Town property

BY Staff Writer

Alexandria, Va. — Douglas Development announced that Anthropologie has signed a lease for 10,500 sq. ft. in the newly acquired Douglas Development property at 610-12 King Street in Old Town, Alexandria, Va.

Anthropologie will move into the former Hallmark store by the end of this year.

The recently acquired King Street property is one of nine properties that Douglas Development owns in Old Town, totaling over 60,000 sq. ft. of retail space. Current retail tenants include BGR: The Burger Joint, Cosi, Urban Angler, Circe Salon & Day Spa and, now, Anthropologie.

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REAL ESTATE

Gordmans opens at Westridge Court

BY Staff Writer

Naperville, Ill. — Centro Properties Group US announced that Gordmans opened a 50,000-sq.-ft. store at Westridge Court, located in Naperville, Ill.

The new discount store opened on July 29, joining recently opened retailers Savers thrift store (38,490 sq. ft.) and Dots (4,466 sq. ft.).

Westridge Court is owned by New York City-based Centro.

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