PARMA, Ohio--(BUSINESS WIRE)--PECO Real Estate Partners (PREP) announced a new junior anchor at The Shoppes at Parma in Parma, Ohio. SHOE DEPT. ENCORE has leased a 10,752-square-foot space and will offer a wide variety of men’s, women’s and children’s shoes and accessories. The new store will open this fall along with ULTA, Gordmans and several other soon to be announced retailers.
SHOE DEPT. ENCORE operates the largest format of the store brands owned by SHOE SHOW, INC. Founded in 1960, the North Carolina company provides quality products, service and value in stores named SHOE DEPT., SHOE DEPT. ENCORE, SHOE SHOW, SHOE SHOW MEGA and Burlington Shoes. The company has 1147 locations in 43 states, including three SHOE DEPT. ENCORE stores in the Cleveland market.
Robyn Hays, senior leasing director, said, “SHOE DEPT. ENCORE is a great addition to our lineup of new stores at The Shoppes at Parma. We are confident the retailers we are bringing to the center will serve the market’s shopping needs and create an energetic new destination. Phase I of the redevelopment will be complete this fall, with more stores in Phase 2 opening in early 2017.”
Key elements of The Shoppes at Parma’s redevelopment include:
- Newly remodeled JCPenney with Sephora, now open
- New Dick’s Sporting Goods, now open
- 2016 groundbreaking to expand existing Walmart to a Super Walmart
- New stores now open: AT&T, Mattress Firm, PetValu, GNC
- New restaurants now open: Panera Bread, Chipotle, Jimmy Johns, Fast Eddies
- New services now open: Aspen Dental, Chase Bank, Sports Clips, H & R Block
- Opening this year: SHOE DEPT. ENCORE, ULTA, Gordmans, Five Guys, Fitworks, T Mobile, Mission BBQ
About PECO Real Estate Partners (PREP) PECO Real Estate Partners has incorporated the development and strategic retail divisions of Phillips Edison & Company (PECO) to focus on acquisition, repositioning and management of power and lifestyle centers, enclosed malls, mixed-use retail projects and single-tenant developments. Through the execution of a focused investment strategy, PREP identifies optimal locations and leverages its long-standing relationships with brokers, property owners and retail tenants to identify and capitalize on development and redevelopment opportunities. For more information about PREP, please visit www.pecorep.com.