Skechers joins F21 Red at Central Texas Marketplace

OAK BROOK, Ill., Oct. 4, 2016 /PRNewswire/ -- Retail Properties of America, Inc. RPAI (the "Company") announced today that Skechers has signed a lease for approximately 15,700 square feet at Central Texas Marketplace in Waco, Texas. Skechers joins F21 Red in backfilling a former Sports Authority location.

Skechers USA, Inc. is a three-billion-dollar global leader in the performance and lifestyle footwear industry. Skechers USA, Inc. designs, develops and markets more than 3,000 styles for men, women and children and sells its footwear in department, specialty and independent stores, as well as through more than 1,400 company-owned Skechers retail stores. Skechers will be located between F21 Red and Petco on the northeast corner of the center.  

Central Texas Marketplace is Waco's premier shopping destination with easy access from I-35 and S-Loop 340.  The center is anchored by Belk, Kohl's, Ross Dress for Less and Marshalls and includes other national tenants such as LOFT, Chico's, Ulta, Old Navy, Lane Bryant, Men's Wearhouse, Justice and a variety of dining options.

"We are happy to have the opportunity to upgrade the tenancy at the center with a strong retail partner like Skechers, and are thrilled to welcome them to Central Texas Marketplace", stated Jason Kasal, vice president and senior leasing director – western division.

With the signing of Skechers, Central Texas Marketplace is now approximately 97% leased. The Skechers store is expected to open in early 2017.

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 June 30, 2016, the Company owned 185 retail operating properties representing 28.1 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.

Media Contact:
Kimberly Freely
Director, PR & Communications
630-634-4319
freely@rpai.com

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SOURCE Retail Properties of America, Inc.