Developers Diversified Realty Opens Two hhgregg Stores in Florida and Pennsylvania

BEACHWOOD, Ohio, Nov. 23, 2010 /PRNewswire/ -- Developers Diversified Realty Corporation (NYSE: DDR) today announced that hhgregg has joined Carillon Place, a 283,238 square-foot community center in Naples, Florida, and Peach Street Square, a 676,245 square-foot shopping center in Erie, Pennsylvania.

Joining national tenants Walmart Neighborhood Market, Bealls Outlet, T.J.Maxx, Ross Dress for Less and OfficeMax, hhgregg opened a 36,459 square-foot store at Carillon Place. The 28,152 square-foot hhgregg store at Peach Street Square joins Lowe's, Home Depot, Kohl's, Cinemark, and PetSmart.

Developers Diversified is hhgregg's largest retail landlord and recently announced three additional hhgregg locations which opened this year at Loisdale Center in Springfield, Virginia; Hamilton Commons in Mays Landing, New Jersey; and a free standing location in Dover, Delaware.

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

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED