OAK BROOK, Ill., June 29, 2016 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE: RPAI or the "Company") announced today that Shoe Carnival has signed a new 7,382 square feet lease at The Brickyard shopping center, adding to a long run of strong leasing activity at the center.
Shoe Carnival, Inc. is one of the nation's largest family footwear retailers, offering a broad assortment of moderately priced dress, casual and athletic footwear for men, women and children with emphasis on national and regional name brands. The stores combine competitive pricing with a light hearted and promotional, in-store marketing effort that encourages customer participation and injects fun and surprise into every shopping experience. Currently, Shoe Carnival operates more than 400 stores nationwide.
The Brickyard, located in Chicago, Illinois, is a busy community center with a strong mix of grocery and retail tenants including Jewel/Osco, Marshalls, Party City and Five Below along with national and local restaurants and services. It is shadow-anchored by Lowe's and Target with a population of approximately 935,000 within a five-mile radius.
"The Brickyard has undergone a major transformation in the past year with the opening of several new retailers including Party City, Buffalo Wild Wings, AT&T, a freestanding Starbucks and Sprint," said Stacy Short, vice president, leasing director – western region. "We are thrilled to welcome another strong national retailer like Shoe Carnival to The Brickyard and we believe their presence will strengthen the success of our existing retailers and continue to improve the tenancy of the center, increasing The Brickyard's retail dominance within the market."
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 March 31, 2016, the Company owned 192 retail operating properties representing 28.3 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.
AVP, PR & Communications
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/rpai-signs-shoe-carnival-at-the-brickyard-300291738.html
SOURCE Retail Properties of America, Inc.