May 17, 2019
Painted Tree Marketplace Picks Ackerman Retail as Exclusive Representative for Expansion in Southeast U.S.
Ackerman Retail to help home decor retailer open locations in major suburban markets
ATLANTA, May 17, 2019 – Home decor retailer Painted Tree Marketplace has selected Ackerman Retail, a division of Ackerman & Co., as its exclusive representative for its expansion in the Southeast U.S. Painted Tree currently operates five locations across Arkansas, Tennessee and Texas.
Ackerman Retail Executive Vice President Brian Lefkoff will spearhead tenant representation services on behalf of Painted Tree. The retailer is targeting major suburban trade areas offering highly visible, free-standing options and anchor locations in power centers. Store footprints will range in size from 30,000 to 40,000 square feet.
Painted Tree Marketplace is a creative community of hundreds of shops selling everything from jewelry, vintage finds and apparel to bath and body products, furnishings, arts and crafts, and baby gifts. The store also emphasizes experiential shopping, offering a variety of workshops and demonstrations for the “DIY” home renovator.
“We’re excited to work with Painted Tree to bring its unique retailing concept to markets in the Southeast,” said Brian Lefkoff. “This is the next great concept in big-box retail.”
Launched in 2015, Little Rock, Ark.-based Painted Tree brings together a wide mix of small, locally owned shops which custom-design their booths and provide the stock of inventory, while Painted Tree’s staff handle all customer service at the stores.
About Ackerman & Co.
Headquartered in Atlanta, Ackerman & Co. is a privately held, full-service commercial real estate firm focused on providing quality investment, brokerage, management and development services in the Southeast. The company, founded in 1967, retains an expert team of more than 100 real estate professionals. To date, Ackerman & Co. has developed and acquired 35 million square feet of office, medical, industrial, retail and mixed-use space, has 8 million square feet under management, and maintains an investment portfolio valued at $1 billion.
Ackerman Retail, a division of Ackerman & Co., offers a best-in-class services platform, delivering solid results for local and multi-market clients across the Southeast. To date, Ackerman Retail has completed more than 10 million square feet of transactions valued at $1.7 billion.
For more information, visit www.ackermanco.com