Anchor Associates has just announced the lease of 10,000 SF of space in Hamburg Pavilion Shopping Center in Lexington, Kentucky to Ulta Salon, Cosmetics & Fragrance, Incorporated. Marianne Holewski, an agent at Anchor Associates, represented the Tenant in the transaction.
Founded in 1990, Ulta is the largest retailer that provides one-stop shopping for prestige, mass and salon products and salon services in the United States. Ulta is conveniently located in high-traffic, primarily off-mall locations, and a typical store is approximately 10,000 square feet, including a salon of approximately 950 square feet. As of June 1, 2010, Ulta operates 350 stores in 38 states.
Anchor Associates, located in Cincinnati, Ohio, is one of the Midwest’s leading providers of retail real estate services. For 15 years Anchor Associates has built a solid reputation for creating successful partnerships between retailers and property owners. In the last eight years the firm has represented its clients, both retailers and landlord’s, in over $485 million of transaction value involving leasing as well as purchases and dispositions of real estate. In addition to Anchor Associates’ brokerage services, they provide property dispositions and development services in Cincinnati, Columbus, Dayton, Louisville, Lexington and other markets in Southern Ohio and Kentucky.
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