- CASTO ANNOUNCES THE OPENING OF JO-ANN FABRICS AT HUNTSVILLE PLAZA
- Monday, February 7, 2011
- Huntsville, AL — CASTO, one of the country's leading real estate organizations, today announced the opening of Jo-Ann Fabrics and Crafts at Huntsville Plaza Shopping Center, located at the northeast corner of University Drive and Research Park Blvd.Jo-Ann occupies 15,459 square feet at the shopping center with neighboring tenants that include Earth Fare and Powerhouse Gym.“We’re pleased to add a fantastic tenant like Jo-Ann Fabrics to Huntsville Plaza,” commented Don Casto, Partner at CASTO. “Twelve months ago due to the downturn of the economy, we were faced with 100% vacancy. With the addition of Jo-Ann, Earth Fare, Powerhouse Gym and another pending tenant, we’re looking to be 100% occupied,” Casto added.Jo-Ann is currently open for business and plans to host an official grand opening later this month.About Jo-Ann Fabric and Craft Stores, Inc.
Jo-Ann Fabric and Craft Stores (NYSE: JAS) the nation’s largest fabric and craft retailer with locations in 48 states, was founded in 1943 as a single retail store. Today, more than 750 Jo-Ann stores across the country provide consumers with creative inspiration. For additional information, please visit www.Joann.com.About CASTOCASTO, a fully integrated real estate organization 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 23 million square feet of commercial property and nearly 4,000 residential units located primarily throughout the mid-western and southeastern United States and Puerto Rico. CASTO currently has more than three million square feet of retail in development. To learn more about CASTO, call (888) 400-0878 or visit www.castoinfo.com.
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