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OAK BROOK ILL., AND GRAND RAPIDS, MICH. — On behalf of Barnes & Noble, David Metrick and Patrick Owens of Transwestern have arranged two leases totaling 83,231 square feet in Illinois and Michigan. In Oak Brook, Transwestern has negotiated a 10-year lease for a 42,583-square-foot store within the Oakbrook Center Mall. The Oakbrook Center Mall store is owned by General Growth Properties and is currently under construction. The store is projected to open in November.
Additionally, in Grand Rapids, Barnes & Noble is relocating from 28th Street to Woodland Mall. The mall is owned by PREIT Properties. Barnes & Noble has signed a 40,648-square-foot lease for a 10-year term. The store is projected to open in the fourth quarter of 2009.