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DDR Leases Up Former Borders Stores

BEACHWOOD, OH-The shopping center firm has tenants for six of the empty sites already, and should have the three remaining bookstores in the portfolio filled by January.

By Robert Carr | Updated on October 20, 2011

BEACHWOOD, OH-DDR Corp., based here, said Thursday that it believes it will have all nine of its empty former Borders book stores reoccupied by the end of the year. The shopping center giant said it has found tenants for six of the properties, and is negotiating for users for the three remaining sites.

The locations are in Puerto Rico, New Jersey, Georgia, Ohio and Missouri. The storefronts had minimal downtime, said Paul Freddo, senior EVP of leasing and development, in a company statement.

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