ShopOne’s Anchor Repurposing Efforts at Conyers Commons Greatly Enhances Customer Experience
NEW YORK--(BUSINESS WIRE)--Nov 14, 2019--
ShopOne Centers REIT Inc. (“ShopOne” or the “Company”), a leading owner, operator and manager of high-quality, grocery-anchored shopping centers, today announced the addition of Bealls Outlet and Citi Trends to the merchandising mix at Conyers Commons in Conyers, Georgia. Both retailers are positioned in the former Sports Authority box, demonstrating the Company’s ability to strategically repurpose larger spaces with today’s fastest-growing retailers.
“We are excited to introduce Bealls Outlet and Citi Trends, two vibrant retailers, to Conyers Commons,” said Bob Dake, Executive Vice President of Leasing, “These additions exemplify our ability to successfully activate spaces impacted by bankruptcies and repurpose them with thriving and more relevant retailers to the community in which they serve. We will continue to apply this strategy throughout our portfolio when looking to backfill anchor boxes.”
Bealls Outlet is a leading discount, national retailer that features brand name apparel and accessories for the entire family at up to 70% off other stores prices. Citi Trends is a nationally recognized, value-priced retailer of urban fashion apparel, shoes, accessories and home décor.
Conyers Commons is situated near heavily traveled I-20 and is approximately 30 minutes east of downtown Atlanta. The shopping center features a strong mix of retail, restaurant and daily needs tenants, including Target, Ross Dress for Less, Bealls Outlet, Citi Trends, Kirkland’s, FedEx, and Panda Express. Built in 2006, Conyers Commons was acquired by ShopOne in 2017.
ShopOne Centers REIT is a leading owner, operator and manager of high-quality shopping centers. The Company’s retail centers are located in established trade areas and are supported by a diverse mix of non-discretionary, value-oriented and grocery retailers. ShopOne is committed to maximizing the value of its portfolio by capitalizing on embedded growth opportunities through driving rents, increasing occupancy and pursuing value-enhancing redevelopment opportunities. To learn more about ShopOne, please visit www.ShopOne.com.
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CONTACT: Brendan Terry
KEYWORD: NEW YORK GEORGIA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: OTHER RETAIL COMMERCIAL BUILDING & REAL ESTATE URBAN PLANNING CONSTRUCTION & PROPERTY REIT LANDSCAPE INTERIOR DESIGN BUILDING SYSTEMS ARCHITECTURE RETAIL OTHER CONSTRUCTION & PROPERTY
SOURCE: ShopOne Centers REIT
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PUB: 11/14/2019 08:30 AM/DISC: 11/14/2019 08:30 AM