10/10/2011

DDR plans to redevelop four shopping centers with Wal-Mart serving as an anchor. At two retail centers in Florida, Wal-Mart will build or acquire anchor space at DDR properties. At DDR's retail centers in Boardman, Ohio, and Humacao, Puerto Rico, Wal-Mart will expand its presence. DDR is investing $20 million in the projects and expects to realize a net return of greater than 10%.

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