Old Town Center continues to redefine center with new tenant mix
DALLAS/LOS ANGELES – October 28, 2014 – (RealEstateRama) — Westwood Financial Corp. (WFC), one of the largest privately held owner-operators of retail properties in the United States, has announced that Rally House has signed a 10-year lease for a 6,203-square-foot location at WFC’s Old Town Shopping Center, located on Greenville Avenue and Lovers Lane, in Dallas, which opened on August 29. The addition of Rally House, a specialty sports boutique, further diversifies the center’s retail offerings. With tenants that include eateries, medical services, fitness centers and home décor outlets, the center continues to meet the region’s evolving consumer demographic.
“Tenants continue to be attracted to Old Town Shopping Center due to its unique confluence of demographics ranging from students, young professionals and the affluent communities of Park Cities and Lake Highlands,” said Doug Howell, vice president, asset management, eastern region at Westwood Financial Corp. “Old Town has continued to redefine itself over the past few years, becoming one of the most recognized centers in the Dallas/Fort Worth marketplace.”
The 266,414-square-foot, 33-unit Old Town Shopping Center is 99 percent occupied, with a lease pending on the remaining 2,757-square-foot vacant space. Tenants include Tom Thumb, LA Fitness, Cost Plus World Market, PetSmart, Michaels, Sweet Tomatoes, Freebirds, Panda Express, Potbelly Sandwich Shop, Baker Brothers, Fuddrucker’s, Pluckers, Subway, Massage Envy and FedEx Office.
Rally House offers a large selection of apparel, gifts and home décor representing local athletic teams. Founded as a mail-order apparel and gifts supplier under the name Kansas Sampler in 1989, the company has grown to more than 30 locations throughout the Midwest, South and Northeast.
About Westwood Financial Corp.
Westwood Financial Corp. is one of the largest privately held owner-operators of retail properties in the U.S., with a track record spanning over 44 years. Based in Los Angeles, with satellite offices in Atlanta, Dallas and Scottsdale, Arizona, the firm currently has a portfolio consisting of more than 115 shopping centers and retail properties in 26 metropolitan markets. For general information, please visit www.westfin.com and for leasing and property information, please visit www.westfinleasing.com.