Sentences with phrase «of anchor tenants»

An experienced retail center owner came to Dominion needing assistance with a matured loan in which two of the anchor tenants had gone bankrupt.

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 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.

Future of the anchor tenant may be co-working offices!»

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.

«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.

But it's unclear how much of a role the identity of the anchor tenant plays in pricing.

WinnDevelopment is still committed to the landmark Sibley Department Store building in downtown Rochester, N.Y., even after a setback that could rob the firm of its anchor tenant.

Not exact matches

Thanks to that anchor tenant, which is locked into 10 - year - plus leases, Thomas Dicker, a portfolio manager with 1832 Asset Management, thinks of Crombie as more of a bond than a stock.

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.

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.

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.

Target landlords RioCan and Morguard — which between them owns nearly all of the locations Target occupies — now finds itself without a major anchor tenant at more than 100 locations.

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.

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.

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.

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

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.

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.

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.

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.

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.

State officials said the «anchor tenant» of the film hub would be The Film House, a four - person startup movie company.

They are looking to become an anchor tenant, the first of many hopefully.

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

HELL»S KITCHEN — After years of limbo, the Hudson Yards development has finally found itself an anchor tenant: luxury handbag maker Coach.

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.

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.

Right now the facility's 10,000 - foot runway is being formed out of a mountain of gravel, but by 2011 it is expected to host the takeoffs and landings of space - tourism flights operated by its anchor tenant, Virgin Galactic.

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.

These anchors combined with convenient locations, attractive and well - maintained properties and a strong tenant mix help to ensure the long - term success of our merchants and the viability of our portfolio.»

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.

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.

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.

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.

«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.

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.

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 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.

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.

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.