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District sets 3 branded stores

By Furniture Today Staff -- Furniture Today, February 27, 2006

The Eastlake Design District here has leased approximately 104,000 square feet of retail space to Ashley Furniture HomeStores, Bassett Furniture Direct and Lane Home Furnishings.

Phase 1 of the Eastlake project is nearing completion and will include the three as anchor tenants. Each has signed a 10-year lease for a combined total of $15 million, according to Flocke & Avoyer Commercial Real Estate.

The Ashley store will occupy 45,794 square feet, Bassett 40,243 square feet and Lane 18,397 square feet.

The Eastlake Design District is proposed to include a total of 450,000 square feet in two phases.

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