Metro Commercial Negotiates New 19,869 SF Lease for DSW Shoes in Largest Mall on East Coast

Metro Commercial Negotiates New 19,869 SF Lease for DSW Shoes in Largest Mall on East Coast

DSW Shoes opens new location in the King of Prussia Mall

King of Prussia, PA – September 12, 2007 – Metro Commercial Real Estate, Inc., the region’s premier full-service retail real estate company has negotiated a new 19,869 SF lease for DSW in the Pavilion at the King of Prussia Mall.

The King of Prussia Mall, the largest mall on the East Coast, is located on Mall Boulevard in King of Prussia, Pennsylvania. The super-regional shopping complex houses 2.7 million SF of retail space, and is anchored by prominent national retailers Bloomingdales, Macy’s, JC Penney, Sears, Nordstrom, Neiman Marcus and Lord & Taylor.

Metro Commercial’s Glenn Marvin and Dan Brickner represented DSW Shoes in the transaction. The King of Prussia Mall is owned by Kravco Simon Company, locally based in King of Prussia, Pennsylvania. DSW Shoes is a wholly owned subsidiary of Retail Ventures, Inc., a leading off-price retailer that also operates Value City Department Store and Filene’s Basement.

Located in one of the busiest malls in the country, fashion-conscious consumers will be pleased to discover their favorite source of discounted footwear conveniently positioned right where they already shop, said Marvin.

Since 1991, DSW has provided customers with high quality brands and in season fashions at everyday prices that are competitive with the typical sale price found at specialty retailers and department stores. DSW has grown to 232 stores from coast to coast in the United States.

Media Contact:
Metro Commercial Real Estate
 Jamie Joffe
+610 246 2606
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Metro Commercial Real Estate, Inc. (www.MetroCommercial.com) is one of the area’s leading brokerage firms focusing on the leasing, sale and expansion of retail properties throughout the region.  Founded in 1987, Metro Commercial specializes in retail tenant representation, shopping center leasing, property management, investment property sales, construction services and enclosed malls.  With three offices throughout Pennsylvania and New Jersey, Metro Commercial currently serves as the exclusive leasing agent for more than 240 retail properties, totaling in excess of 22 million square feet.  Metro Commercial has repeatedly been recognized as one of the “Best Places to Work” by the Philadelphia Business Journal, and is committed to client satisfaction and superior customer service.  Metro Commercial is proud to be celebrating their 20-year Anniversary in 2007.

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