Target Finalizes Real Estate Transaction with Selection of 84 Additional Zellers Leases
Target is excited to take another meaningful step toward our expansion in Canada
By News on the Net —— Bio and Archives--September 23, 2011
Canadian News, Opinion | Comments | Back To Full Article
MINNEAPOLIS, - Target Corporation (NYSE: TGT) is pleased to announce today that it has finalized its real estate transaction with Zellers Inc. with the selection of 84 additional Zellers leases, bringing the total number of leases selected, including an initial group of 105 leases selected in May, to 189. From this second group, Target has acquired the leasehold interests for 29 locations, the vast majority of which will open as Target stores beginning in 2013. The remaining leases have been or will be sold to other Canadian retailers or back to landlords.
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