JC Penney to Celebrate Grand Opening in October in Matthews, NC

JC Penney has announced the grand opening of its new department store at Windsor Square Shopping Center in Matthews, NC, a suburb of Charlotte. The celebration will be on October 5, 2012, when the store will donate a $10,000 grant to the American Red Cross.

Online PR News – 25-September-2012 – Charlotte, NC – Sterling Organization, a privately owned retail real estate investment and services company headquartered in Palm Beach, is pleased to announce the grand opening of new tenant JC Penney on October 5, 2012, at Windsor Square Shopping Center in Matthews (Charlotte), NC.

The grand opening celebration will begin at 9 a.m. during which time JC Penney store leader Lee Ashby will present a $10,000 JC Penney JCP Cares access grant to the American Red Cross, Greater Carolina Chapter. The store is schedule to open at 10 a.m.

The 87,000-square-foot JC Penney will boast wide aisles, energy-saving LED lighting, modern fixtures and a dynamic merchandise presentation. The store’s sales floor will be set up as a collection of shops, including Sephora, Levi’s, Liz Claiborne, and The Original Arizona Jean Co.

JC Penney is the newest co-anchor of the 658,012-square-foot Windsor Square Shopping Center, joining national tenants including Sam’s Club, Kohls, Ross Dress for Less, Office Depot, K&G Fashion Superstore, Lifetime Fitness and Outback Steakhouse. Windsor Square Shopping Center is situated on the east side of U.S. Highway 74 (East Independence Boulevard) and is approximately nine miles southeast of downtown Charlotte. As one of the largest shopping centers in metropolitan Charlotte, the site is comprised of seven retail buildings. JC Penney is located on the south side of the center.

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About Sterling Organization
Sterling Organization is a vertically integrated private equity real estate firm that has an established track record of providing exceptional risk-adjusted returns to its partners, in both relative and absolute terms. The company is focused on investing in value-add anchored retail real estate assets in select major U.S. markets on behalf of Sterling’s principals in partnership with the highest quality institutional and high net worth investors. Sterling Organization currently owns retail and commercial real estate in Arizona, Colorado, Florida, Georgia, Illinois, North Carolina, Tennessee and Texas. Sterling Organization is headquartered in Palm Beach, Florida. For more information, please visit www.sterlingorganization.com.