SPL Realty Partners Closes 2nd California Retail Lease For Destination XL

Destination XL Leases a 9,440 Square Foot Freestanding Building in Woodland Hills, CA

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Woodland Hills is an important strategic market in Southern Calif. The mall has such a huge draw with its luxury component and Nordstrom, which is reportedly one of the best performers in Southern Calif.

Santa Monica, CA (PRWEB) August 31, 2012

SPL Realty Partners announces the successful completion of a long-term lease for a 9,440 square foot freestanding building in Woodland Hills, CA on behalf of Destination XL, the leading men’s big & tall superstore concept owned by Casual Male Retail Group.

Located at 6041 Topanga Canyon Blvd., the highly visible and accessible building sits directly across from Westfield Promenade and ¼ mile from Westfield Topanga. DXL will occupy the entire building, formerly occupied by three separate tenants including 3 Day Blinds and a bank. DXL is currently under construction and slated to open at the end of September.

SPL represents the retailer in their real estate expansion throughout Southern Calif. and brokered this transaction on behalf of DXL. This will be the second DXL to open in the state of Calif. SPL also secured the first Calif. store, which opened in Brea in May of this year.

Lifschultz commented, “Woodland Hills is an important strategic market in Southern Calif. The mall has such a huge draw with its luxury component and Nordstrom, which is reportedly one of the best performers in Southern Calif. There were some challenges in securing this prime freestanding building on heavily trafficked Topanga Canyon Blvd., but the team had patience and was able to get it done. We look forward to continuing the roll-out of DXL’s throughout the region.”

There are approximately 30 DXL’s open throughout the United States, with another 60 additional stores planned for 2013.

Dean Cutler from the Piken Company represented the landlord.

ABOUT SPL REALTY PARTNERS
SPL Realty Partners is a Los Angeles-based retail real estate brokerage and consulting company primarily focused on representing retail chains in their real estate strategy and expansion throughout Southern California and the United States. Our clients include Johnny Was, Lorna Jane, Disney Stores, Casual Male Retail Group, Destination XL and Aerosoles. SPL also provides the highest level of retail real estate services to owners, developers and investors. For more information please visit our website at http://www.splrealty.com


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