Limited Stores LLC signed a seven-year lease for 54,106 square feet in New Albany, OH. The retailer is moving its headquarters into new Class A office space at the Water’s Edge Campus.
The property at 7775 Walton Parkway is one of three buildings included in the Water’s Edge Campus project. The four-story, 106,500-square-foot building delivered in June.
The Limited was founded in 1963 and has flourished as a mall-based specialty store carrying high-quality women’s apparel. The majority (75 percent) of its stock was sold off from Limited Brands in 2007 but it remained located in its Morse Road corporate offices. The retailer will relocate from Three Limited Parkkway in Columbus. The company expects to move to its new home on the third and fourth floors in February 2010.
Brett Cisler, principal and senior vice president of Grubb & Ellis/Adena represented Limited Stores. Greg Weber, assistant vice president of The Daimler Group represented the landlord, Water's Edge at New Albany LLC.