Ernst & Young Plazae
LOS ANGELES-Target Stores has signed a 20-year lease to occupymore than 100,000 square feet at the 7th & Fig retail center,which is part of the Ernst & Young Plaza in Downtown L.A. Theretailer will fill space that once housed Macy’s and Bullocksdepartment stores but has been vacant since Macy’s left in early2009. It is described by property owner Brookfield Properties asthe largest retail lease in two decades in Downtown Los Angeles.Target expects to open the store in 2012.
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