Aronov News

Michaels to Open at Westbury Square

Montgomery, Alabama - April 26, 2012 Aronov Realty Management, Inc. recently announced that Michaels will open a new store in the Westbury Square shopping center, serving the greater Huntsville, Alabama area. The shopping center is located at the intersection of Airport Road and South Memorial Parkway in Huntsville, and is owned and managed by Montgomery, Alabama-based Aronov.

Michaels, North America’s largest arts and crafts specialty retailer, will join Stein Mart, TJ Maxx, five restaurants and a variety of specialty shops at the 114,986 shopping center. The opening of the new Michaels store is slated for October of this year.

The new Michaels store in Westbury Square will be the second location for the arts and crafts retailer in the Huntsville area. The new store design will focus on providing creative inspiration, fresh new products and an enhanced shopping experience.

“We are pleased to bring an outstanding retailer like Michaels to Westbury Square to complement the already stellar line-up of retailers,” stated Beau Young, leasing representative for Aronov. “This exciting new Michaels format demonstrates our ongoing efforts to enhance the shopping experience at Westbury Square and at each of our centers.”

ABOUT ARONOV:

Montgomery, Alabama-based Aronov Realty is the largest privately-owned, fully diversified real estate company in the Southeast and provides acquisition, development, management, leasing and brokerage services for its own portfolio of over 100 retail, office and multi-family properties and for properties owned by third parties. Leasing inquiries for Westbury Square may be made to Beau Young at beau.young@aronov.com or 334-277-1000.

ABOUT MICHAELS:

Irving, Texas-based Michaels Stores, Inc. is North America’s largest specialty retailer of arts, crafts, framing, floral, wall décor and seasonal merchandise for the hobbyist and do-it-yourself home decorator. The company currently owns and operates more than 1,060 Michaels stores in 49 states and Canada, and 136 Aaron Brothers stores, and produces 10 exclusive private brands including Recollections®, Studio Decor™, Bead Landing®, Creatology®, Ashland™, Celebrate It®, Art Minds®, Artist’s Loft®, Craft Smart® and Loops & Threads™.

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