Hibbett Sports Leases 5,240 sf
DALLAS, TX - November 1, 2007 --
Hibbett Sports has leased 5,240 square feet from Landlord, Mexia
Plaza Associates L.P. Hibbett Sports, a national sporting goods
chain store, plans to open another location in this space located on
Hwy 87 adjacent to WalMart Super Center in Mexia, Texas. Hibbett
Sports, Inc., formerly Hibbett Sporting Goods, Inc., incorporated in
October 1996, is an operator of sporting goods retail stores in
small to mid-sized markets predominately in the Sunbelt,
Mid-Atlantic and Midwest. The Company's merchandise assortment
features a core selection of brand name merchandise emphasizing
individual team sports complemented by a selection of localized
apparel and accessories designed to appeal to a range of customers
within each market. As of February 3, 2007, the Company operated 593
Hibbett Sports stores, as well as 16 smaller-format Sports Additions
athletic shoe stores and four larger-format Sports & Co. superstores
in 23 states, opening the Company's first store in Arizona during
the fiscal year ended February 3, 2007(fiscal2007). The Company's
primary retail format is Hibbett Sports, a 5,000-square-foot store
located in enclosed malls or in strip centers, which are generally
the center of commerce within the area and that are usually anchored
by a Wal-Mart store. The Company tailors its Hibbett Sports stores
to the size and demographics conditions of each market. Of these
stores, 202 Hibbett Sports stores are located in enclosed malls, and
the remaining 391 stores are located in strip centers. Rita LaRue
of Henry S. Miller Commercial negotiated the transaction.
Henry S. Miller Commercial, founded in 1914, is Texas’ largest
independent commercial real estate firm and a member of The
Commercial Network, one of the largest affiliations of commercial
real estate firms in the nation.