Article: GOTTSCHALKS TO CO-ANCHOR PARK LANE MALL IN RENO; LOCATION WILL BE REGIONAL DEPARTMENT STORE CHAIN'S SECOND IN STATE

RENO, Nev., Sept. 29 /PRNewswire/ -- The Macerich Company (NYSE: MAC) today announced that Gottschalks Inc. (NYSE: GOT) has signed a long-term lease for an anchor location at Park Lane Mall, taking over the 130,000-square-foot building previously leased to Sears.

Gottschalks, which is expected to open next spring, will co-anchor the 474,000-square-foot enclosed mall with Weinstocks. A remodeling of the store will begin immediately.

The Park Lane store will be the second in the state for the Fresno, Calif.-headquartered chain, which currently operates 33 department stores in California and Nevada. The retailer opened its first Nevada store earlier this year ...

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