Piada and Sprint Are Latest to Announce Leases at The Shoppes at Parma

PARMA, Ohio–(BUSINESS WIRE)–PECO Real Estate Partners is pleased to announce that Piada Italian
Street Food and Sprint are the two newest tenants committed to join The
Shoppes at Parma in summer 2017. The two businesses will be located in
front of the Walmart Supercenter along West Ridgewood Drive in a newly
constructed multi-tenant building that will also house a third tenant
yet-to-be-announced.


Piada Italian Street Food is an authentic fast-casual Italian eatery
coupled with a modern restaurant design. “The new 2,537-square-foot
Piada will be another great addition to The Shoppes at Parma’s growing
lineup of restaurants and retailers. The fast-growing restaurant company
currently has more than 30 locations and we are thrilled to have them be
a part of our development,” said Robyn Hays, Vice President of Leasing
for PECO Real Estate Partners.

“We have received numerous requests for more Cleveland and Akron
locations including Parma,” said Natalie DeVendra, Piada Senior
Marketing Manager. “Cleveland has been a very successful market for us.
We love this region and are excited to be on the calendar to open at The
Shoppes at Parma in 2017.”

Piada Italian Street Food was inspired by the roadside family-run food
carts and markets found in Rimini, Italy, and the company’s first
restaurant opened in 2010. In 2013, Nation’s Restaurant News recognized
Piada as a community-minded restaurant company in its annual “Hot
Concepts” awards. Headquartered in Columbus, Ohio, Piada has locations
throughout Ohio, Indiana, Michigan, Texas and Minnesota. For more
information, visit www.MyPiada.com.

Sprint is the second tenant in the new space at The Shoppes at Parma,
and will offer area residents convenient access to Sprint’s
telecommunications and wireless services. The future retail space will
show off the latest in wireless technology offered by the company as
well provide a convenient point for customer service.

About The Shoppes at Parma

The
Shoppes at Parma
is in the midst of an exciting transformation
through its multi-phase redevelopment. The 750,000 square-foot open air
center is anchored by J.C. Penney, Dick’s Sporting Goods, Gordmans
department store, Walmart Supercenter and Marc’s grocery store and
features specialty retailers, services and a wide variety of dining
options. The Shoppes at Parma is located just eight miles southwest of
downtown Cleveland at the intersection of Ridge Road and West Ridgewood
Drive. For more information visit www.shoppesataParmaOH.com.

  • New to The Shoppes at Parma in 2016:
    American Commodore Tuxedo, Aspen Dental, FITWORKS, Gordmans department
    store, Kay Jewelers, MISSION BBQ, PetValu, PIZZAFIRE, Pulp Juice &
    Smoothie Bar, Rally House, rue21, Shoe Dept. ENCORE, T-Mobile, Ulta
    Beauty
  • Opening soon: Five Guys, Pearle
    Vision, Piada Italian Street Food, Sprint

About PECO Real Estate Partners (PREP)

PECO
Real Estate Partners
(PREP), Cincinnati-based owner of The Shoppes
at Parma, has incorporated Phillips Edison & Company’s former
development and strategic retail divisions and will focus on the
acquisition, repositioning and management of power and lifestyle
centers, enclosed malls, mixed-use retail projects and single-tenant
developments. www.pecorep.com.

Contacts

Yopko Penhallurick
Betty Weibel
440-543-8615
bw@yp-pr.com