Sentences with phrase «anchor tenants for»

After the purchase, Arriaga signed two new anchor tenants for the shopping center — Blockbuster Video and Kinko's.

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.

The World Product Centre, the anchor tenant for Gary Barnett and his Extell Development's proposed 60 - story tower at 555 West 34th Street near the...

Aside from the groundbreaking, Lighthouse Point developer Triangle Equities announced that co-worker space Regus signed on as an anchor tenant for the commercial portion of the space and will take up about 30,000 square feet.

The developer had asked the brokerage to help him find an anchor tenant for a planned big - box retail development, informally known as the Trenton Project.

The deal came at the suggestion of Giant Food, the anchor tenant for all three centers, Levin announced.

Not exact matches

Once mall anchors like Macy's close, it could be difficult for owners to find tenants to replace them, said Howard Davidowitz, chairman of Davidowitz & Associates, a national retail - consulting and investment - banking firm.

I know many so - called anchor tenants on AOL who pay for placement on the AOL home page.

«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.»

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.

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.

Facts are facts though, and it hasn't been a good month for RiverBend's anchor tenant SolarCity.

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

Essentially, the agency will be considering tax breaks for the anchor tenant of the Uniland proposed building at Delaware and Chippewa before it or the public is able to properly consider Uniland's request for tax breaks for construction of the building.

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.

«We are thrilled to bring Regus on as our anchor tenant; they are a true testament to Staten Island's readiness for this area to be a true live, work, play environment,» Petracca said.

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.

But there is a modest proposal possibility to find just that — a rival retail anchor tenant, which has great search algorithms, does a good job of «you might also like» for me, and the prices are competitive.

One of the galleries tapped for the project, the Paul Kasmin Gallery, will serve as the anchor tenant and expand into a 5,000 - square - foot space.

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.

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.»

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.

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.

The 175,000 sq. ft. Gentilly Woods Shopping Center will receive a new $ 1 million façade and also will be remodeled to allow for an additional anchor tenant.

Transbay will be a new icon for the city and state, but also a beacon for a progressive anchor tenant looking for the finest, sustainable office space.»

«They want to determine if an anchor tenant's business is viable for the long term or will be put out of business by Amazon,» he adds.

Wonder how many people who work in giant malls know this bit of trivia, including the need for prescribed «anchor» tenant space on either end of a wing.

One place Knotel will probably not go to, at least for now, is Dock 72, the ground - up office development at the Brooklyn Navy Yard that Rudin is building along with Boston Properties Inc. — and where WeWork is the anchor tenant.

Both centers are slated for completion by 2006, but no anchors or tenants have been announced yet... Construction on the $ 200 million East River Plaza project (below), planned for East Harlem, is expected to start next year.

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.

The joint venture purchased a neighborhood shopping center anchored by a Pick»n Save grocery located in the Village of Mt. Pleasant in southeast Wisconsin, for approximately $ 21.3 million, and a single - tenant property leased to Pick»n Save in Sheboygan, Wisconsin, for approximately $ 11.7 million.

«The flight to safety by bond market investors in the post-global financial crisis world drove more cap rate compression,» for both grocery - anchored shopping centers and single tenant net lease deals, according to Jim Costello, senior vice president at RCA.

In retail, national tenants provide an anchor and stability for the overall net income profile, but there are also smaller tenants that are going to consistently be rolling in their leases, and that server as a rent growth driver.

It presumes a mastery of our industry, along with a reputation for stability and integrity that, taken together, have become the cornerstone in our ability to attract strong anchor stores and successful tenants to our projects.

In a smaller unanchored center, for example, «you only need one of the very popular, 2,500 - square - foot restaurant concepts to anchor the property and create the increased traffic other tenants want,» says David Andrews, CCIM, a partner in the Richmond, Va., office of The Shopping Center Group.

«The lender recognized the strength of the anchor tenant and Class A location of 7100 Highlands Parkway and was able to bring to the table the most competitive rate and term for a smooth close,» said Hill.

Many of the malls are anchored by the same struggling tenants, like Sears, J.C. Penney and Macy's, and large - scale closures could be «disastrous» for the mortgage - backed securities.

For retail centers without an anchor tenant (i.e. «strip centers») either of the Standard Industrial / Commercial Single Tenant leases is more approptenant (i.e. «strip centers») either of the Standard Industrial / Commercial Single Tenant leases is more appropTenant leases is more appropriate.

Boasting a «Main & Main» location in Philly's central business district, 1600 Market is approximately 84 percent leased, with longtime tenant PNC Bank anchoring the 39 - story high - rise in approximately 362,800 square feet of space — for now.

Retail properties, whether strip center or mall, anchored or not, purpose built or customized for each tenant, are one of the most desirable types of real estate across the globe.

Makler suggests that more opportunities probably exist, especially for local investors, to buy at a discount a neighborhood center where the major tenant is gone and is no longer paying rent or where the anchor is gone but is still paying rent.

For the mall landlords such as Santa Monica, California - based Macerich, the partnerships allow them to redevelop the anchor stores and add new tenants who would pay higher rent than Sears and also may draw more shoppers to the properties.

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.

For the same reason, most lifestyle centers can benefit from having an anchor on site (unlike regional malls, these projects often forego anchor tenants).

As an anchor tenant, Washington University in St. Louis will lease 69,000 sq. ft. of space for its offices of technology management, research administration and faculty practice plan.