Sentences with phrase «anchor tenants»

Investors in grocery - anchored shopping centers might want to do extra due diligence on their anchor tenants going forward: according to our sister publication Supermarket News, the sector will likely face some major...
Such factors include, but are not limited to: the Company's ability to meet debt service requirements, the availability and terms of financing, changes in the Company's credit rating, changes in market rates of interest and foreign exchange rates for foreign currencies, changes in value of investments in foreign entities, the ability to hedge interest rate risk, risks associated with the acquisition, development, expansion, leasing and management of properties, general risks related to retail real estate, the liquidity of real estate investments, environmental liabilities, international, national, regional and local economic climates, changes in market rental rates, trends in the retail industry, relationships with anchor tenants, the inability to collect rent due to the bankruptcy or insolvency of tenants or otherwise, risks relating to joint venture properties, costs of common area maintenance, competitive market forces, risks related to international activities, insurance costs and coverage, terrorist activities, changes in economic and market conditions and maintenance of our status as a real estate investment trust.
Major anchor tenants include supermarkets, discount stores and drugstores such as Albertson's, Wal - Mart, Kmart, The Home Depot, CVS and Eckerd Drugs.
«This was a pretty good buy for that price, and the fact that it's multi-tenant is a positive given what happened to anchor tenants like Enron and WorldCom recently,» says Brian Nagle, executive director at Cushman & Wakefield.
The group plans to target primarily retail properties with a high proportion of strong national and regional anchor tenants.
Built on a three - acre plot in the 1950s, the center at Chatsworth Street and Balboa Boulevard includes anchor tenants Staples, El Pollo Loco restaurant and Walgreens.
Golden Gate is 100 % leased and features anchor tenants Winn Dixie, Beall's and Family Dollar.
For the same reason, most lifestyle centers can benefit from having an anchor on site (unlike regional malls, these projects often forego anchor tenants).
Great Mall of the Bay Area is currently undergoing a strategic redevelopment that will add several new anchor tenants and an entertainment component to the property.
The center, owned by The Pederson Group, Phoenix, will eventually comprise 895,000 sq. ft. Construction is under way on spaces for four anchor tenants: Cost Plus Imports, OfficeMax, Michaels and Ulta 3 Cosmetics.
Frederick Towne Mall's anchor tenants include The Bon Ton, JCPenney Home Store, Montgomery Ward and Hoyt's 10 Cinema.
Great anchor tenants - Credit Union, Crabby Joes, Baskin Robins, Phoenix Fitness... unit can be s...
It consists of a two - story main building accessible from two sides at grade level, which houses the majority of the anchor and junior anchor tenants, an in - line grocery - anchored community center and eight other buildings that include several junior anchors, shop tenants and outparcels.
Malls in small cities have emptied as anchor tenants such as Sears and J.C. Penney have closed, smaller shops have shuttered or moved and big retail has shifted to Walmart - anchored shopping centers.»
The caveat is that the properties in question have to feature good credit anchor tenants, long - term leases and good locations.
Cedar's largest anchor tenants include Giant, Farm Fresh and Discount Drug.
The anchor tenants have significantly above - average store sales that are continuing to trend upward,» added Miller.
An experienced retail center owner came to Dominion needing assistance with a matured loan in which two of the anchor tenants had gone bankrupt.
But with anchor tenants that open mall owners to the risk of defaulting on their CMBS loans, store closures present even more of a ch...
Virtually fully let, Kumasi City Mall's anchor tenants are Shoprite and Walmart brand Game, with the new shopping centre supporting the growth of both retailers in the region.
After the purchase, Arriaga signed two new anchor tenants for the shopping center — Blockbuster Video and Kinko's.
«Both centers met our acquisition criteria, including superior trade area demographics, strong anchor tenants, favorable pricing and value - add potential.
For anyone involved in building, leasing, marketing or selecting space in shopping centers, geographic information is as essential to decision - making as anchor tenants are to survival.
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.
Located prominently on Lexington Avenue across the street from Grand Central Terminal, the class - A property has enjoyed 100 percent occupancy since its development in 1987, and the original anchor tenants, Simpson Thacher & Bartlett LLP and CIBC, continue to occupy the building.
Canderel's commercial leasing division has currently secured lease commitments from anchor tenants Bath & Beyond, Bank of Montreal, Canyon Creek and Alice Fazooli's.
Since the formation of the company in 2001, MGI has been involved in creating over $ 2.2 billion of new retail development and has carried out site selection assignments for a range of prominent retail anchor tenants, the company says.
«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.»
Its mission is to find high quality real estate that will generate predictable, growing cash flows through long contractual lease duration of credit - quality anchor tenants with a strong likelihood of lease renewal.
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.
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.
The Center is home to a number of non-profits including Earth Island Institute, Center for Ecoliteracy and International Rivers, which were all anchor tenants for the building.
As at malls, there are boutique dealers at Art Basel Miami Beach and key anchor tenants and also a food court, albeit one that sells flutes of Champagne.
18th Street Arts Center's Organizational Residency Program invites art organizations to become «anchor tenants» help to define the character and scope of the organization through programmatic partnerships and community - building.
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.
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.
The Tribeca Film Festival, once of the anchor tenants, will establish a permanent outdoor venue on the rooftop as part of the pier's 100,000 square feet of new public park space.
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.
New York is paying to build and equip facilities for companies that will function as anchor tenants and attract other companies in their sector.
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.
So Finger and a group of the other anchor tenants offered the Ferry Building a deal: They would sign leases, but they'd be allowed to exit without penalty if the marketplace wasn't 75 - percent booked after six months.
Two notable cases were Macy's and Sears, traditional anchor tenants of US shopping malls, which each announced the closure of more than 100 stores.
You often have to have your anchor tenants before Nivi will send around your deal.
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.
So what you really need to get an angel round together are your «anchor tenants
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.
«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.»
The center also houses an attorney, a technical writer, a prototype - development company and other anchor tenants that provide startups with reduced - rate services.
So Simon has been proactive in assisting anchor tenants like Neiman Marcus.
I know many so - called anchor tenants on AOL who pay for placement on the AOL home page.
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