Meridian Plaza Welcomes Imperial Foot Spa
FOR IMMEDIATE RELEASE
Media Contact:
Eleanor Moriarty
Hackman Capital Partners
310-473-8900, ext 115
Meridian Plaza Welcomes Imperial Foot Spa
New Tenant Leases 1,386 Square Feet in Busy Bellingham Shopping Center
Bellingham, Washington (May 14) – Hackman Capital, a private, Los-Angeles-based, real-estate investment firm, announced today that Imperial Foot Spa has leased 1,386 square feet in Bellinghams' Meridian Plaza. The recently renovated, 32,000 square-foot retail center, owned by a Hackman Capital affiliate* is located across from Bellis Fair Regional Mall, adjacent to I-5, at the intersection of Telegraph Road and Meridian Street.
Imperial Foot Spa is occupying the space at 133 Telegraph Road—between Maly's, the national salon products distributor, and Better Nails—and offers a specialized treat for feet, called foot reflexology. Based on ancient healing art and health practices that originated in China more than 500 years ago, modern reflexology works zones in the foot (and sometimes, hands and ears) to achieve tension relief and general relaxation benefits.
Reflexology was introduced in the Unitied State in 1913 by Dr. William Fitzgerald, an ear, nose and throat specialist, and Dr. Edwin Bowers. The practice has continued to gain wide popularity, especially over the last couple of decades, given the rising number of reflexology businesses in this country.
"This is the perfect time and place for a business like Imperial Foot Spa," said Mike Schlesinger, Vice President of Asset Management for Hackman Capital. " Day spas can draw from a captive consumer market here, in the heart of Bellingham's busiest shopping area, and reflexology, in particular, has potential for real success. The services are sought-after and extremely affordable, not to mention, a great way to unwind."
Imperial Foot Spa charges $29.99 for a one-hour, foot-reflexology session. Owners Xiaohua An and Zhanwei Jiang studied the art in Los Angeles and have been practicing for three years.
Media Information:
For additional information or interviews related to this release, contact:
Eleanor Moriarty
Hackman Capital Partners, LLC
310-473-8900, ext 115
More about Meridian Plaza
The 32,000 square foot Meridian Plaza offers 12 storefronts—seven of which are occupied by local and national retailers including Rent A Center, Red Wing Shoes and Maly's—and two free-standing restaurant sites, occupied by Burger King and Denny's Restaurant. Available spaces range from 1,269 to 6,724 square feet, with a total of 11,459 square feet available for lease.Located at the southeast corner Telegraph Road and Meridian Street, the plaza provides access to millions of shoppers. Meridian Street, the main, north-south thoroughfare in Bellingham, has a 24-hour traffic volume of 35,700 vehicles; Telegraph Road has a volume of 7,500.**
For Leasing Information Contact:
Erin Sundean
The Bedford Group, Inc.
360-647-0100
Royce Cottle
Leibsohn & Company
425-586-4656
Or visit the website at www.meridianplazabellingham.com
More about Hackman Capital
Hackman Capital is a privately-held real estate investment firm specializing in the acquisition, management, and redevelopment of industrial and commercial real estate. Founded in 1986, Hackman Capital has acquired or developed more than a billion dollars of property on behalf of the company, various investment funds and institutional clients. Hackman Capital currently manages for its affiliates a portfolio of more than 16 million square feet, including 56 buildings and 750 acres of developable land. The company is headquartered in Los Angeles, California.
For further information, visit www.hackmancapital.com
*Meridian Plaza is owned by AZNL-Meridian, LLC, a joint venture formed and managed by Hackman Capital Partners, LLC. **Source: City of Bellingham, Public Works Traffic Department; 24-Hour Traffic Volumes were collected randomly for 2007 and 2008 and should not be confused with Average Daily Traffic
