Sentences with phrase «anchor tenant in»

Hileman says the company may: * combine the arcade concept with food or liquor; * open a center on a college campus; * locate in a theater, hotel or larger amusement park and share revenue; * increase the size and entertainment offerings of the center so that it can serve as an anchor tenant in a mall; or * position the arcade near other entertainment venues such as ice skating rinks.

Sidley Austin Brown & Wood LLP has agreed in principle to become the anchor tenant in a Loop tower proposed by Hines, a Houston development firm, as downtown office building construction is seemingly unfazed by uncertainty over the economy and the war against Iraq.

Warner Theaters may also be an anchor tenant in some of the projects.

The one thing that is driving it is certain upscale retailers or even department stores are willing to go in and be only one anchor tenant in centers that are smaller than a regional mall.

Governor Andrew Cuomo says it is a «big win» to have IBM as the anchor tenant in the new Buffalo IT Innovation and Commercialization Hub.

It's going to be fun having a new anchor tenant in town to contribute to the next stage of growth in our ecosystem!

The Galleria project was brought to us by Terra Cap with an anchor tenant in place, de-risked with 85 % of tenancy sold and most approvals in place,» stated NexusCrowd CEO Hitesh Rathod.

WeWork has signed on as an anchor tenant in the $ 1 billion tower.

Buildings like 7 World Trade Center and the new Goldman Sachs headquarters, along with the recent decision of Condé Nast to move about 5,000 employees to 1 World Trade Center as its anchor tenant in 2014, are ensuring there will be no ebb in the number of office workers walking the streets at lunch and after work hours, he said.

Many of the centers are anchored by JCPenney, Sears or Boscov's, which are already PREIT's three largest anchor tenants in its existing portfolio.

Not exact matches

Once dominant United States department store operators such as Macy's and J.C. Penney have announced plans to shut hundreds of stores in recent years, putting pressure on landlords to find new «anchor tenants» or come up with new ways to grow returns.

In best - case scenarios, malls will redevelop anchor spaces and find tenants able to pay even higher rents, like restaurants or apartment complexes.

So Simon has been proactive in assisting anchor tenants like Neiman Marcus.

Two of Simon's three top tenants, Gap Inc. and Abercrombie & Fitch, have closed hundreds of stores in the past two years and have announced more to come; anchor department stores are shutting their spaces too.

Even today the typical anchor store pays around $ 4 per square foot in annual rent; the average non-anchor tenant paid $ 42.22 per square foot a year as of the third quarter of 2016, according to real estate analytics firm Reis.

The University of Toronto — a new anchor tenant — has acquired a 20 % equity stake in the West Tower to advance discoveries and entrepreneurship.

«These exciting new anchor tenants align directly with MaRS» mandate and will further Ontario's position as a global leader in life sciences, leading to tangible medical benefits for Ontarians while taking advantage of a massive economic opportunity.»

DC Station has a diverse tenant base, anchored by the global headquarters of Genesys, a leader in omnichannel customer experience (CX) and contact center solutions.

Two strategies I talked about in the post for getting your «anchor tenants» are 1) taking them on as advisors first and 2) giving early people cheaper pricing.

So you need to find anchor tenants who have authority in your field and who are respected by other angel investors in order to maximize the benefits of social proof.

Pfizer agreed in August to take 800,000 square feet and become the building's anchor tenant.

JPMorgan is currently the building's anchor tenant, but the bank plans to downsize the majority of its space in coming months, leaving about half the tower vacant.

Extell Development's Central Park Tower at 217 West 57th Street — which has yet to secure a construction loan — has locked in a 363,000 - square - foot Nordstrom department store as its anchor tenant.

Poitín, a high energy, elegant new restaurant and bar concept by Irish - turned - Houston restaurateur Ian Tucker, will feature cross-cultural cuisine, vibrant cocktails, and a globally - curated wine list when it opens as the anchor tenant at Sawyer Yards in the heart of the Washington Avenue Arts District in spring / summer 2018.

La Centrale will be in the north block of Brickell City Centre's 500,000 - square - foot, open - air retail area as an anchor tenant.

Sears, Roebuck and Co., anchor tenant and owner of the Prairie Stone Business Park, donated 12.1 acres of land for the sports center in return for the Park District's commitment to build and operate the facility.

The state recently issued a request for proposals seeking developers to construct two or three facilities in the city and partner with a handful of anchor tenants who would employ an estimated 1,500 to 2,000.

New York is paying to build and equip facilities for companies that will function as anchor tenants and attract other companies in their sector.

ESD officials say the state will continue building the site, which developers broke ground on in April, and will continue seeking a replacement anchor tenant.

This is the latest in a series of bad news for RiverBend's anchor tenant, SolarCity.

Fed up with the disparity, the building's anchor tenant, the Syracuse Crunch, is seeking upgrades to bring the venue into the 21st century and up to speed with arenas in smaller cities like Utica and Binghamton.

The model involves the state identifying business sectors to target for growth and recruiting developers to build facilities and seed them with anchor tenants who can in turn attract other related businesses to build a critical mass of related activity.

Promising $ 26 million in private investment, SUNY Poly renamed the building the Smart Cities Technology Innovation Center and landed the credit union SEFCU and the civil engineering firm CHA as its anchor tenants.

Not as an anchor tenant where you come in and you're always paying this bill.

Moynihan Train Hall includes a) creation of a new sky - lit train hall on the concourse level of the Farley Building, b) back of house support space for Amtrak and Long Island Rail Road (LIRR), the two «anchor» rail tenants, including ticketing, baggage areas and waiting areas, c) loading access for the rail tenants and for the United States Postal Service (USPS) who will continue to occupy space in the Farley Building, d) exterior restoration, and e) systems and infrastructure improvements.

In many instances, Reading benefits by having its own multiplex as an anchor tenant and by having itself as landlord.

ARIA, the anchor tenant of the CityCenter complex, is a compelling work of art in and of itself.

18th Street Arts Center's Organization in Residence Program invites art organizations to become «anchor tenants» that help to define the character and scope of the organization through programmatic partnerships and community - building.

Other major Bay Area galleries experiencing growth spurts include Rena Bransten Gallery, which will be the anchor tenant at the new Minnesota Street Project, opening March 18; Anglim Gilbert Gallery, which recently announced plans to open a second space in the same Minnesota Street complex; and Jeffrey Fraenkel Gallery, opening a satellite called FraenkelLAB April 14 at 1632 Market St.

«Cooper Union is our anchor tenant,» Singer said proudly of his revamped «state - of - the - art» dorm, dubbed «University House,» which he's aiming to open in fall 2014.

In the last two years, more than 400 of the largest 2,000 malls in the U.S. have shut their doors as «anchor» tenants (department stores such as Dillards, JC Penney) have pulled out, causing a cascade of smaller stores closing uIn the last two years, more than 400 of the largest 2,000 malls in the U.S. have shut their doors as «anchor» tenants (department stores such as Dillards, JC Penney) have pulled out, causing a cascade of smaller stores closing uin the U.S. have shut their doors as «anchor» tenants (department stores such as Dillards, JC Penney) have pulled out, causing a cascade of smaller stores closing up.

He represents national and regional chain tenants and is fully conversant with issues regarding the development of retail projects in partnership with major anchor tenants.

Thus, in the case of covenants protecting an «anchor tenant» in a shopping centre, while there may a strong case for establishing a breach of Art 101 (1) «by effect» (if not «by object») the benefits that may be shown from those covenants and the economic effect of the anchor tenant within Art 101 (3) must be demonstrated by the parties seeking to assert the validity of the agreement.

Even where a provision is subject to Ch 1, it may still be treated as exempt if it is reasonable and brings economic and consumer benefits (eg a restriction in a shopping centre lease necessary to attract an anchor tenant without whom the centre would not be viable).

Top South African law firm Bowmans earned the Property Team of the Year award for its work on OId Mutual Property's $ 64m Kenyan investment in the largest shopping mall anywhere in east, central and southern Africa (outside of South Africa), and one of only two malls in Kenya to attract international brands (Carrefour is the anchor tenant).

Plans & Specifications We require a complete set of plans and specifications, under seal and approved by the city or other appropriate local authority and all anchor tenants, suitable for rebuilding in the event of a casualty.

«We want tenants to have their own individuality,» says Ron Loch, vice president of conceptual design and planning for Bloomfield Hills, Mich. - based Taubman Centers, which recently opened its first open - air development, Stony Point Fashion Park in Richmond, Va., anchored by Dillard's and Saks Fifth Avenue.

«Each center has strong credit, national anchor tenants on long - term leases and is located in an established trade area in close proximity to major highways, providing easy access for shoppers.»

An anchor tenant and a tenant occupying an in - line store frequently fare differently in negotiations concerning operating covenants.

The anchor tenant may in turn offer a covenant to open, provided the corollary co-tenancy requirements contained in the lease have been met, and may also agree to continuously operate for a limited time.