- CASTO Brings JCPenney Off-Mall Format to Governor's Plaza in Cincinnati, Ohio
- Monday, October 29, 2007
- Cincinnati, Ohio — CASTO, one of the country's leading real estate organizations, recently announced that J.C. Penney Company, Inc. is holding a grand opening celebration for its off-mall format store at Governor's Plaza located at 9365 Fields Ertel Road in Cincinnati, Ohio on November 2, 2007. "JCPenney will be an exciting addition to the already exceptional mix of tenants at Governor's Plaza," said Greg Malone, partner at CASTO. "This, coupled with the enhancements we have planned for the center's facade, will make Governor's Plaza a destination for Cincinnati shoppers." The new JCPenney store, covering 114,000 square feet, is designed in the company's latest format to make shopping even more convenient and enjoyable. In addition to JCPenney's tremendous selection of fashionable apparel and home merchandise, customers will experience wide aisles and efficient customer service centers. The new store layout helps shoppers easily locate major brands such as The Original Arizona Jean Company (R), Chris Madden for JCPenney Home Collection (R), nicole by Nicole Miller (R), Liz & Co. (R), Ambrielle (R), South Pole (R), Worthington (R), Stafford (R), Bisou-Bisou (R), Carter's (R), Nike (R), Concepts by Claiborne (R) and more. ABOUT GOVERNOR'S PLAZA Anchored by JCPenney, Kohl's, Linens 'N Things and Office Max, the 339,157 square foot Governor's Plaza is located just east of Interstate 71 on Fields Ertel Road. The center serves one of Cincinnati's most affluent and desirable communities with 71% of households earning more than $50,000 and nearly 52% earning more than $75,000 per year. Within five miles of Governor's Plaza, the number of households (with a median home value of $182,423) increased 35% since 1990 with continued growth projected for the next five years. ABOUT CASTO CASTO, a fully integrated real estate organization based in Columbus, Ohio since 1926, is a recognized leader in the ownership, management, acquisition and development of commercial shopping centers and multi-family residences, office buildings and corporate parks. CASTO's growing portfolio currently includes over 20 million square feet of commercial property in 90+ shopping centers and more than 4,000 residential units in 14 apartment communities located primarily throughout the midwestern and southeastern United States. CASTO currently has more than five million square feet of retail in development. To learn more about CASTO, visit www.castoinfo.com. Casto Southeast, an affiliate company of CASTO with offices in Sarasota, FL, Raleigh, NC and Charlotte, NC, specializes in real estate development brokerage and management primarily in Florida and the Carolinas. Casto Lifestyle Properties, based in Sarasota, Florida, focuses on the development of mixed-use lifestyle centers and is at the forefront of this niche of the industry. Following the successful development of Winter Park Village in Winter Park, Florida, Casto Lifestyle Properties has developed and opened five mixed-use lifestyle projects in Florida and North Carolina and has three new projects underway in Sarasota, FL, Cary, NC and Chicago, IL. To learn more about Casto Lifestyle Properties, visit www.castolp.com.
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