Two New Stores Coming to L Street Marketplace

buybuy BABY and Cost Plus World Market Entering the Omaha Market

OMAHA, Neb.--()--Real estate investment firm Westport Capital Partners LLC (“Westport”) announced today that two retail stores are preparing for their first area locations at Westport’s L Street Marketplace in Omaha. buybuyBABY, a retailer of infant and toddler merchandise, and CostPlus World Market, which sells a variety of home décor items and specialty food and beverage, will occupy a combined total of 45,000 square feet at the property. Both of the chains are owned and operated by Bed Bath & Beyond. Buildout of the new stores will begin in early 2015.

“We are pleased to have attracted these two quality stores to our property and believe they will be great additions to the existing tenant mix at L Street Marketplace.”

buybuy BABY and Cost Plus World Market will join existing retailers at the 440,000 square foot power center, including Super Target, Michaels, Office Max, Petco, and Books-A-Million.

Greg Geiger, Principal at Westport, said, “We are pleased to have attracted these two quality stores to our property and believe they will be great additions to the existing tenant mix at L Street Marketplace.”

Dennis Thaemert of The Lerner Company represented the landlord in the transaction and John Dewhurst of Red Legacy represented the new tenants.

About L Street Marketplace (www.lstreetmarketplace.com)

Conveniently located at the corner of 120th & L Streets in Omaha, Nebraska, L Street Marketplace houses a complementary mix of retail, restaurants, and services.

About Westport Capital Partners LLC

Westport Capital Partners LLC is a real estate investment firm specializing in the opportunistic real estate arena. Westport provides domestic and international investment opportunities to institutional and private clients. Through its various funds, the firm invests in a wide variety of distressed and opportunistic real estate assets. The firm has offices in Wilton, CT, Los Angeles, CA and London, England. For more information regarding Westport Capital Partners LLC, please visit http://www.westportcp.com/.

Contacts

For Westport:
Owen Blicksilver Public Relations, Inc.
Caroline Luz, 203-656-2829
caroline@blicksilverpr.com
or
For L Street Marketplace:
The Lerner Company
Dennis Thaemert, 402-502-4706
dthaemert@lernerco.com

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Release Summary

TWO NEW STORES COMING TO Westport Capital's L STREET MARKETPLACE in Omaha, NE