HOMEGOODS OPENS AT ROYALTON COLLECTION ON FEB 11, 2021!

Anchor Admin

February 11, 2021

SOMERAROAD ANNOUNCES HOMEGOODS OPENING AT THE ROYALTON COLLECTION.

Strongsville’s newest retail destination is now 90 percent leased

NEW YORK, February 1, 2021 – SomeraRoad Inc., a New York and Nashville-based commercial real estate investment and development firm announces today HomeGoods is opening its doors at the Royalton Collection on February 11. The flagship retailer anchors the development, which is 90 percent leased with only 8,500 square feet of divisible space still available.

“We are thrilled for HomeGoods’ grand opening this month,” stated Joe LeMense, SomeraRoad. “The TJX family of stores has an excellent track record of strong performance, and they are a true asset for any community. They are the perfect anchor tenant for The Royalton Collection which is nearly fully leased to an incredibly strong and diverse mix of tenants. We couldn’t be more pleased with what The Royalton Collection offers the City of Strongsville and its community. And we are particularly grateful for the public’s continued support.”

Additional retailers on the Collection’s dynamic tenant roster include restaurants Tropical Smoothie Cafe, City Barbeque, Hot Chicken Takeover, Condado Tacos, Outback Steakhouse, and  Panera Bread who relocated in the market in order to add a Drive-Thru. Soft goods retailers include SKECHERS, Spectrum, Sleep Number, Red Wing Shoes and Restore Hyper Wellness + Cyro Therapy which is a proactive wellness company that is scheduled to open this spring. HomeGoods is employing 65 local associates and will be open from 8 a.m. to 10 p.m. pending any changes from the local government.

“It is great to have this group of tenants in which many are new to the market, and come together to create a wonderful shopping center for the Strongsville community,” noted Tori Nook, Principal at Anchor Cleveland, the group in charge of leasing The Royalton Collection.

For more information about Royalton Collection’s delivery and opportunities, visit www.someraroadinc.com.

About Royalton Collection

Royalton Collection is owned and developed by Somera Road, Inc. and envisioned by RDL Architects. Overseeing construction of the 75,000 square foot retail village is JE Dunn and Marous Brothers Construction.

About SomeraRoad Inc.
SomeraRoad Inc. is a New York and Nashville-based commercial real estate debt and equity investment firm focused on value-add and opportunistic transactions across all asset classes and geographies. SomeraRoad targets off-market acquisitions previously impaired by some form of distress, such as loan defaults, partnership disputes, and bankruptcy, that are often overlooked by larger institutional investors. SomeraRoad takes an entrepreneurial and methodical approach to identifying off-market real estate opportunities and generating above-market returns for its investors. With a disciplined and aggressive approach, SomeraRoad drives value through strategic asset re-positionings, targeted capital improvement plans, and best-in-class, hands-on asset management. Since its inception, SomeraRoad has acquired over $2 billion in real estate totaling approximately 18 million square feet across 50 U.S. cities.

For more information about SomeraRoad Inc., visit www.someraroadinc.com.