News Release: PEBB Brings Old Navy Back to Popular Memphis Suburb
MEMPHIS, TX – Boca Raton, FL-based PEBB Enterprises, the new owner of Germantown Village Square, announces Old Navy’s return to the popular suburb of Memphis. The new store is expected to open spring 2018.
Old Navy will take over the former OfficeMax space in the 199,629- square foot mixed-use power center which comprises 139,482 square feet of ground floor retail shops featuring national and local retailers including TJ Maxx, DSW and Petco as well as 60,147 square feet of second floor office, which is predominantly occupied by The West Clinic, a subsidiary of Baptist Memorial Health Services.
Germantown Village Square is PEBB’s second retail property in Tennessee and a strong example of the type of project the company seeks to acquire for its portfolio, according to PEBB President Ian Weiner.