ASHLEY FURNITURE LEASES MORE THAN 75,000 SQUARE FEET

TENNESSEE AND ARKANSAS — Ashley Furniture Homestore has leased more than 75,000 square feet for two new stores in Tennessee and Arkansas. The tenant leased 51,000 square feet from Valley Investors at its 445,000-square-foot Centennial Crossing center in Memphis, Tenn. Ashley Furniture will move into a space vacated by Sportsman's Warehouse. The Shopping Center Group's Danny Buring represented the landlord. Ashley also leased 25,000 square feet from Stonemar Properties in the Bernard Court Shopping Center in Jonesboro, Ark. Buring and The Shopping Center Group's Robert Sloan represented Stonemar Properties. Leah Fyfe Stokes of CB Richard Ellis' Memphis office represented Ashley Furniture Homestore in the deals.