Phillips Edison Lands New Tenant at Iowa’s Quincy Plaza
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Aerial view of Quincy Plaza, Ottumwa, Iowa
Ottumwa, Iowa—Phillips Edison & Co. has signed a lease with Hobby Lobby to open a 55,000-square-foot store at Quincy Plaza in Ottumwa, Iowa, in the fall. The city of Ottumwa is contributing up to $300,000 toward the asset’s revitalization.
“The Ottumwa Economic Development Corporation’s efforts to attract Hobby Lobby go back to 2014, in response to customer demand for a hobby/craft store,” Sharon Stroh, executive director of the Ottumwa Economic Development Corp., said in a statement.
“We’ve had our eye on Ottumwa for a while and are grateful to have secured a location,” added Bob Miller, Hobby Lobby communications director. “The Ottumwa store will offer more than 75,000 crafting and home décor products.”…
