Developers Diversified Realty Announces the Opening of Dick's Sporting Goods at The Fountains in Plantation, Florida
BEACHWOOD, Ohio, Nov. 16, 2010 /PRNewswire/ -- Developers Diversified Realty Corporation (NYSE: DDR) today announced the opening of Dick's Sporting Goods at The Fountains, a completely redeveloped 477,343 square-foot community shopping center located in Plantation, Florida.
Dick's Sporting Goods joins Kohl's, which opened in 2009 as one of the first new tenants at the redeveloped center. In addition, Jo-Ann fabric and craft stores will open a 20,000 square-foot store and Lime Fresh Mexican Grill will open a 2,160 square-foot restaurant early in 2011. The center also features Marshalls and HomeGoods and is 93% leased.
About Developers Diversified Realty
Developers Diversified owns and manages approximately 590 retail operating and development properties in 41 states, Brazil, Canada and Puerto Rico. Totaling more than 134 million square feet, the Company's shopping center portfolio features open-air, value-oriented neighborhood and community centers, mixed-use centers and lifestyle centers located in prime markets with stable populations and high-growth potential. Developers Diversified is the largest landlord in Puerto Rico and owns a premier portfolio of regional malls in and around Sao Paulo, Brazil. Developers Diversified is a self-administered and self-managed REIT operating as a fully integrated real estate company. Additional information about the Company is available on the Company's website at www.ddr.com.
SOURCE Developers Diversified Realty Corporation
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