Marshall's Signs Lease For Store

BY SARA PITZER
SALISBURY POST

Peter Pappas of Crosland Developers announced signing a lease to add a 28,000 square foot Marshall's Department Store as an anchor at Innes Street Market.

The store will be added in the space between Faith Road and Circuit City.

Pappas said they hope to start construction in April and have Marshall's open by Christmas 1999.

The T.J. Maxx company acquired Marshall's in 1995 and now runs both stores. The company is putting a T.J. Maxx and More at Concord Mills. This store will be a standard T.J. Maxx combined with home furnishings in a larger space. But Pappas said Marshall's in Salisbury will carry more menswear.

Marshall's is the nation's second largest off-price apparel retailer. Marshall's operated 461 stores at the end of 1997 and offers brand name family apparel, gifts, domestics and accessories. In addition, Marshall's offers shoes for the family and a broader assortment of menswear than T.J. Maxx.

Pappas said Marshall's customers are the same as those of a regular department store except that Marshall's reaches a somewhat wider range. The average store size for Marshall's is 32,000 square feet.

The Marshall's store will be part of phase five of development at Innes Street Market, Pappas said. In this phase, the developers will add about 7,000 more square feet of additional shop space.

Staples Office Supply, part of phase four, is almost ready to take over the building under construction beside Circuit City and may be open in April or early May, Pappas said. The developers will also open 10,000 square feet of shop space in this phase.

Pappas said the development still has room for one more anchor store in what would be phase six.