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Trader Joe’s to open at Patriot Place
Foxborough, Mass. -- Trader Joe's announced plans to open a new grocery store at Patriot Place, located in Foxborough, Mass., in 2012.
The 16,000-sq.-ft. store will be Trader Joe’s 18th Massachusetts location, and the only within a 15-mile radius of Foxborough. Trader Joe’s has leased existing space in Patriot Place’s South Marketplace between Christmas Tree Shops and Staples.
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DDR to facilitate opening of five new Five Below stores in Atlanta
Beachwood, Ohio -- DDR Corp. announced Friday new Five Below stores in consolidated small shop and downsized junior anchor locations at five Atlanta-area shopping centers.
DDR said the new locations represent the continuation of efforts to strategically reduce small-shop space as well as rightsize junior anchors and re-lease the residual space at attractive market rents. At the locations where Five Below will be occupying downsized space, DDR will realize rental increases of nearly 50%.