FOR IMMEDIATE RELEASE
RETAILERS LEASE SPACE AT BELZ SHOPPING CENTERS
Memphis, TN (November 12, 2003) - Two retailers - Simply Fashions and Room to Room Furniture - have expanded in the Memphis area and have opened new stores at Belz shopping centers.
Simply Fashions opened the company's fifth Memphis store at Gateway Shopping Center, while Room to Room Furniture, Inc. opened its second Memphis location at Mendenhall Square.
"Both of these retailers chose locations in high-traffic areas that fit their target demographic perfectly," said Andrew J. Groveman, senior vice president of Belz. "We were able to offer them the right space in the right place."
Birmingham, Alabama-based Simply Fashions leased 4,979 square feet of space at Gateway Shopping Center on Jackson Avenue in North Memphis. The company, which has 225 stores in 23 states, offers ladies apparel in junior, missy, and plus sizes. Founded in 1991, Simply Fashions has been recognized by Inc. Magazine as one of the 500 fastest growing privately held companies in United States.
Headquartered in Horn Lake, Mississippi, Room to Room Furniture, Inc., currently employs seven people in its two Memphis stores, with plans to add three more employees. According to Jason Dancy, vice president of Room to Room Furniture, the company chose the Mendenhall Square Shopping Center because of the high number of middle income workers who pass by daily. The 19,432-square-foot-store is located off Winchester in the space formerly occupied by Rite Aid. Room to Room Furniture's other Memphis location is in Raleigh.
Headquartered in Memphis, Tennessee, Belz is a leading innovator in real estate development with interests throughout the United States. Belz develops, owns and/or manages more than 30 million square feet of industrial/warehouse/distribution centers, shopping centers, office buildings, mixed-use centers and corporate campuses across the nation and in Puerto Rico. The company also owns a group of premier hotels including The Peabody Hotels in Memphis, Orlando and Little Rock. Visit www.belz.com for additional information.