OAK BROOK, Ill., July 27, 2016 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE: RPAI or the "Company") announced today that Floor & Decor has signed a new 65,000 square foot lease at La Plaza Del Norte shopping center in San Antonio, Texas, backfilling the previous Sports Authority location.
Floor & Decor is a leading specialty retailer in the hard surface flooring market. They offer the broadest in-stock selection of tile, wood, stone, related tools and flooring accessories - at everyday low prices. The company was founded in 2000 and is headquartered in Atlanta, Georgia.
La Plaza Del Norte is a power center located in a dynamic shopping district in San Antonio, across from North Star Mall, with excellent visibility and access from Loop 410 at San Pedro Avenue. The center is anchored by Best Buy, Total Wine & More and Ross Dress For Less.
"The speed in which we were able to backfill the vacant Sports Authority space is a reflection of our platform capabilities, asset quality and offensive posture," stated Jason Kasal, vice president and senior leasing director, western region. "Floor & Decor is an excellent addition to the tenant mix and we welcome them to the center."
Floor & Decor is relocating from within the market and is expected to open early next year.
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
SOURCE Retail Properties of America, Inc.