Weingarten Realty Announces T. J. Maxx Comes to the Clermont Landing Shopping Center
CLERMONT, Fla. -- Weingarten Realty Investors (NYSE: WRI), a leading U.S. shopping center developer, announced the company has leased space to T. J. Maxx in the Clermont Landing shopping center located at U.S. 27 and Steve's Road. T. J. Maxx is scheduled to open its doors to the public in spring 2009 and will join anchor tenants JCPenney, Epic Theatres and Michael's Arts & Crafts among others.
Clermont Landing will now give area residents the convenience of a T. J. Maxx in Clermont. T. J. Maxx is the world's leading off-price retailer of apparel and home fashions.
Clermont Landing is conveniently located on the east side of U.S. 27 just south of SR 50. A focal point for residential and commercial activity, major retailers continue to establish a presence in this popular new shopping area.
Jim Kovacs represented T. J. Maxx during lease negotiations.
"We are delighted to have a T. J. Maxx moving into Clermont Landing," said Steve Weingarten, Senior Vice President and Director of Anchor Tenants. "T. J. Maxx is widely known and has a loyal customer following. Clermont Landing will provide the community a great place to shop and dine."
About Weingarten Realty Investors:
As one of the largest real estate investment trusts listed on the New York Stock Exchange, Weingarten Realty Investors (NYSE: WRI) is celebrating its 60th anniversary as a commercial real estate owner, manager and developer, incorporated in 1948. Focused on delivering solid returns to shareholders, Weingarten is actively developing, acquiring, and intensively managing properties in 23 states that span the United States from coast-to-coast. The Company's portfolio of 420 properties includes 342 neighborhood and community shopping centers and 78 industrial properties. Including tenant-owned square footage, the Company's portfolio currently totals more than 70 million square feet under management. Weingarten has one of the most diversified tenant bases of any major REIT in its sector, with the largest of its 5,600 tenants comprising less than 3 percent of its rental revenues. To learn more about the Company's operations and growth strategies, please visit http://www.weingarten.com.
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