Brixmor Property Group Signs 97,000 Square Feet of New Leases at Westminster City Center in Denver Market
WESTMINSTER, Colo., July 21, 2014 /PRNewswire/ -- Brixmor Property Group (NYSE: BRX), owner and operator of the largest wholly owned U.S. portfolio of grocery-anchored shopping centers, has leased more than 97,000 square feet of retail space to five national retailers at Westminster City Center in Westminster, Colo. Repositioning several anchor spaces provided an opportunity to enhance the center's merchandising mix with the addition of new retailers including Ross Dress for Less, Jo-Ann Fabric and Craft Store, Ulta Beauty, Dress Barn and The Tile Shop, all opening this year.
A former Circuit City was re-demised to accommodate two new anchors - Ross Dress for Less in 26,000 square feet, which opened in March, and Jo-Ann Fabric and Craft Store in 24,496 square feet, opening this week.
Ulta Beauty and Dress Barn will replace a former Michaels. Ulta Beauty, the largest beauty retailer, has leased an 11,200-square-foot store and will open this week. Women's apparel retailer Dress Barn leased the remaining 8,800 square feet and will open in the fall.
Additionally, The Tile Shop opened in 26,678 square feet last month in a space formerly occupied by CompUSA.
"Repositioning these anchor spaces allowed us to upgrade the shopping experience for our consumers with best-in-class retailers while improving traffic and sales for all tenants," said Brian Finnegan, senior vice president of leasing and redevelopment for Brixmor Property Group.
The 337,540-square-foot community center is also anchored by a 54,260-square-foot Gordmans, a 42,900-square-foot Babies "R" Us and a 30,554-square-foot Barnes & Noble Booksellers, alongside national retailers such as DSW, Party City, Golfsmith and David's Bridal. Westminster City Center is located just off the Denver Boulder Turnpike at the intersection of W 92nd Avenue and Yates Street.
About Brixmor Property Group:
Brixmor owns and operates the nation's largest wholly owned portfolio of grocery-anchored community and neighborhood shopping centers, with 522 properties aggregating approximately 87 million square feet of gross leasable area located primarily across the top 50 U.S. metro markets. Brixmor leverages its national footprint, local market knowledge and operational expertise to support the growth of its retail tenants. The Company is focused on maximizing the value of its portfolio through its extensive leasing capabilities and anchor space repositioning/redevelopment platform. Headquartered in New York City, the Company is the largest landlord to The TJX Companies and The Kroger Company.
SOURCE Brixmor Property Group