OAK BROOK, Ill., May 28, 2015 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE: RPAI or the "Company") announced today that Fresh Thyme Farmers Market and Total Wine & More have both signed new leases at Manchester Meadows in Town and Country, Missouri.
The 27,000 square foot Fresh Thyme Farmers Market combines the spirit of the weekend farmers market with the convenience of a neighborhood store to offer fresh and healthy foods at amazing values. Debuting in a suburb of Chicago in 2014, the chain has grown to more than 14 stores throughout the Midwest. Manchester Meadows is expected to be one of only two locations opening in Missouri this year, and only the third location in the St. Louis Metro area.
Total Wine & More will occupy approximately 24,000 square feet and will be located near Gold's Gym. Founded in 1991, Total Wine & More is the country's largest independent retailer of fine wine with more than 8,000 different wines from every wine-producing region in the world, as well as more than 2,500 beers and 3,000 different spirts in various price ranges and categories. Total Wine & More currently operates 115 superstores across 16 states.
Manchester Meadows is a high traffic community center with other national tenants including Home Depot and Gold's Gym. The center is surrounded by affluent neighborhoods with a weighted average household income of $110,000 and a weighted average population of 164,000 within a five-mile radius.
"We are very excited to be welcoming these two best-in-class retailers to Manchester Meadows," stated Ann Smith vice president and senior leasing director for the east region. "Attracting first-to-market and growing retailers like Fresh Thyme Farmers Market and Total Wine & More speaks to our Company's commitment to upgrade our tenancy, as well as, the strength and long term dynamics of the asset."
Fresh Thyme Farmers Market and Total Wine & More are both scheduled to open in the fall of 2015.
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 March 31, 2015, the Company owned 212 retail operating properties representing 31.3 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.
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SOURCE Retail Properties of America, Inc.