Burlington Stores to Join The Shoppes at Parma

PARMA, Ohio--()--PREP Property Group is expanding its retailer offerings at The Shoppes at Parma with the announcement of a new Burlington opening in spring 2019. The national off-price retailer, offering brand name merchandise at a great value for the entire family and home, has signed a lease for a 45,000-square-foot store in the former Gordman’s space adjacent to Dick’s Sporting Goods and Walmart Super Center on W. Ridgewood Drive.

The Shoppes at Parma is pleased to expand its apparel and home décor options with this nationally recognized retailer,” said Michelle Devlin, General Manager of The Shoppes at Parma. “Burlington’s fresh new store design and assortment of brand name clothing, footwear, accessories and more at up to 65% off retailers’ prices will be a great addition to the mixed-use redevelopment.”

Employment Opportunities

This new Burlington store will hire for approximately 50-100 new jobs. This fall, interested candidates can visit Burlington’s careers website – www.BurlingtonStores.jobs – for more information about joining their team.

About Burlington Stores, Inc.

Burlington is a national off-price retailer offering style for less at up to 65 percent off other retailers’ prices every day. Departments include ladies’ dresses, suits, sportswear, juniors, accessories, menswear, family footwear and children’s clothing. It also includes an assortment of furniture and accessories for baby at Baby Depot, home décor and gifts, along with the largest selection of coats in the nation for the entire family. Burlington has more than 640 stores in 45 States and Puerto Rico.

About The Shoppes at Parma

The Shoppes at Parma is nearing completion of an exciting transformation through its multi-phase redevelopment. The 750,000+ square-foot open air center is anchored by JCPenney, Dick’s Sporting Goods, Walmart Supercenter and Marc’s grocery store and features specialty retailers, services and a wide variety of dining options. The Shoppes at Parma is located just eight miles southwest of downtown Cleveland at the intersection of Ridge Road and West Ridgewood Drive. For more information, visit www.shoppesatParmaOH.com.

About PREP Property Group (PREP)

PREP Property Group is a vertically-integrated real estate company built on the foundation of key divisions of Phillips Edison & Company. PREP is focused on repositioning and remerchandising lifestyle centers, power centers and enclosed malls that are undermanaged, capital-starved, poorly merchandised and/or distressed through its Strategic Investment division. The company also acquires well-located, triple-net lease retail properties from non-institutional sellers and creates value through lease term restructure or extension.

Contacts

Yopko Penhallurick
Betty Weibel, 440-543-8615
bw@yp-pr.com

Release Summary

PREP Property Group is expanding its retailer offerings at The Shoppes at Parma with the announcement of a new Burlington opening in spring 2019.

Contacts

Yopko Penhallurick
Betty Weibel, 440-543-8615
bw@yp-pr.com