Business & Finance
Fri, August 24, 2012 
OAK BROOK, Ill.--([ BUSINESS WIRE ])--Retail Properties of America, Inc. (NYSE: RPAI) announced today that two of its subsidiaries signed leases with Jo-Ann Fabric and Craft Stores (aJo-Anna) including a 20,579-square-foot lease at 23rd Street Plaza in Panama City, FL and a 22,988-square-foot lease at Southpark Meadows in Austin, TX.
"As part of our merchandising strategy, we are pleased to continue to partner with proven national retailers like Jo-Annas"
aAs part of our merchandising strategy, we are pleased to continue to partner with proven national retailers like Jo-Annas,a said Ann Smith, vice president/leasing director for RPAI US Management LLC, a subsidiary of RPAI.
23rd Street Plaza is a 53,376-square-foot power center located on a major thoroughfare in Panama City, FL offering high visibility. The center is shadow-anchored by Home Depot and includes Ross Dress for Less.
aSouthpark Meadows is an extremely successful center and Jo-Annas provides an outstanding complement to our strong and extensive mix of national, regional and local retailers,a said Jason Kasal, vice president/leasing director for RPAI Southwest Management LLC, a subsidiary of RPAI.
Conveniently located on I-35 at Slaughter Lane in Austin, TX, Southpark Meadows is a 921,141-square-foot power center anchored by a Wal-Mart Supercenter, JCPenney and Super Target with other major national tenants including Ross Dress for Less, Marshalls, Hobby Lobby, Sports Authority and PetSmart.
About RPAI
Retail Properties of America, Inc. is a fully integrated, self-administered and self-managed real estate company that owns and operates high quality, strategically located shopping centers across 35 states. The company is one of the largest owners and operators of shopping centers in the United States. The company is publicly traded on the New York Stock Exchange under the ticker symbol RPAI. Additional information about the company is available at [ www.rpai.com ].
Forward-Looking Statements
The statements and certain other information contained in this press release, which can be identified by the use of forward-looking terminology such as amay,a awill,a aexpect,a acontinue,a aremains,a aintend,a aaim,a atowards,a ashould,a aprospects,a acould,a afuture,a apotential,a abelieves,a aplans,a agoal,a ainitiative,a alikely,a aanticipate,a and aprobable,a or the negative thereof or other variations thereon or comparable terminology, constitute aforward-looking statementsa within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbors created thereby. These statements should be considered as subject to the many risks and uncertainties that exist in the Companyas operations and business environment. Such risks and uncertainties could cause actual results to differ materially from those projected. These uncertainties include, but are not limited to, that the closing of the aforementioned offering is subject to, among other things, standard closing conditions and customary rights of the underwriters to terminate the underwriting agreement due to any outbreak or escalation of hostilities or any change in financial markets or any calamity or crisis, either within or outside the United States, and other risks and uncertainties detailed from time to time in the Company's filings with the Securities and Exchange Commission. The Company does not undertake any duty to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
