Specialty Men’s Apparel and Footwear Retailer Destination XL Signs 8,000 Square Foot Lease at Harrisburg Mall
BALTIMORE, MD (September 4, 2013) – Destination XL Group, Inc. (NASDAQ: DXLG) has signed a lease for 8,000 square feet of space at Harrisburg Mall with St. John Properties, Inc. and Petrie Ross Ventures, the partnership group that co-owns and manages the property. The multi-channel specialty retailer plans to open its Destination XL (DXL) concept at the Mall, focusing on big and tall men’s apparel, footwear and accessories. Harrisburg Mall is a one million square foot regional retail project located on Paxton Street that features more than 70 tenants, including anchor stores Macy’s, Bass Pro Shops, 2nd & Charles and Regal Cinema’s Great Escape Harrisburg Mall Stadium 14. Destination XL plans to open by Thanksgiving.
DXL sells more than 2,000 private label and name brand styles for big and tall men, including Polo Ralph Lauren, Calvin Klein, Lacoste, DKNY, Nautica, Tommy Hilfiger and Reebok. The first DXL store opened in 2010 and the company expects to operate more than 200 locations by the end of 2015. DXL presently operates approximately 70 stores nationwide, including four locations in Pennsylvania. Clothing dimensions are available in sizes 38 to 64 for waists, Big Sizes from XL to 7XL, Tall Sizes from XLT to 6XLT, plus shoe sizes from 10-16 and widths to 3E.
“DXL is expanding rapidly across the country with a proven concept targeting the male audience seeking high-quality apparel and footwear in recognizable name brands,” explained Bill Russell, Director of Harrisburg Mall. “The retailer is carefully selecting locations in growing demographic areas that provide high traffic counts and are surrounded by high-performing tenants with loyal followings. The addition of DXL provides Harrisburg Mall with another destination-style retailer targeting a highly-focused audience. DXL is widely considered an excellent retail operator that establishes strong relationships in the local community.”
Located on a 61-acre parcel on Paxton Street off Exit 45 of Interstate 83, Harrisburg Mall has approximately 70 tenants, including Aeropostale, Bath and Body Works, Champs Sports, Claire’s, Express, Foot Locker, Kay Jewelers, New York and Company, Radio Shack, Victoria’s Secret and others. Free-standing Toys “R” Us and Applebee’s are also part of the tenant mix. One anchor store, previously occupied by Boscov’s until its corporate bankruptcy in 2008, remains available for lease. The Mall received a $60 million exterior and interior renovation approximately six years ago and St. John Properties and Petrie Ross have undertaken a wide range of improvements since they purchased the mall last summer.
The population within a 10-mile radius of Harrisburg Mall exceeds more than 360,000 people, including 148,000 households with an average household income of nearly $73,000.
For more information about the joint venture partners, visit St. John Properties, Inc. at sjp.mu9b0uf9-liquidwebsites.com and Petrie Ross Ventures at www.petrieross.com.
For more information, contact:
Al Cunniff, Director of Marketing, St. John Properties, Inc.