Eastwood Towne Center Welcomes New Tenants

OAK BROOK, Ill.--(BUSINESS WIRE)--

Retail Properties of America, Inc. RPAI today announced several new tenants at Eastwood Towne Center in Lansing, Michigan. Sephora, Gymboree and an expanded Forever 21 have all recently signed new leases.

Sephora signed a 4,526 square foot lease and will be located between Justice and JoS. A. Bank Clothiers. Sephora's unique, open-sell environment features an ever-increasing amount of classic and emerging brands across a broad range of product categories including skincare, color, fragrance, body, smile care, and hair care. Sephora will open summer, 2014.

Gymboree will relocate from Meridian Mall and has leased a 2,163 square foot location between Justice and GameStop. Gymboree has been dressing children since 1986 and currently operates more than 630 stores in the U.S. and Canada while continuing to expand internationally. Gymboree is expected to open this spring.

Forever 21 will also relocate to a new space to create a dominant anchor-like location next to Bravo! Cucina Italiana and Kay Jewelers. The new location will nearly double in size to almost 13,000 square feet and is expected to open late summer, 2014.

“Eastwood Towne Center is continually optimizing our offerings to create a unique shopping destination for best-in-class retailers and restaurants,” said Greg Goldberg, vice president, leasing director, north region. “As part of this strategy we will continue to announce tenants throughout 2014 and welcome Sephora, Gymboree and the expanded Forever 21 to the Center.”

As Central Michigan's premier shopping, dining and entertainment destination and minutes from Michigan State University, Eastwood Towne Center is an open-air lifestyle center featuring upscale retail tenants, home furnishing shops and a variety of dining and entertainment options. The Center has a strong mix of national tenants exclusive to the market such as P.F. Chang's, J. Crew, Ann Taylor and Pottery Barn, and has superior visibility off of US 127.

About Retail Properties of America, Inc.

Retail Properties of America, Inc. is a fully integrated, self-administered and self-managed real estate investment trust that owns and operates high quality, strategically located shopping centers across 34 states. The Company is one of the largest owners and operators of shopping centers in the United States. 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.