Open-air centers — from grocery-anchored to big box to town centers — have a big mission to fill. Here’s what designers and developers are doing to create a draw.
Lexington, Ky. — Bayer Properties also operates The Summit centers in Birmingham, Ala., and Reno, Nev.
Baton Rouge, La. and Nashville, Tenn. — The acquisitions will align with value-add strategy via management improvements and developing adjacent parcels.
Chicago — 865 W. North Avenue in Lincoln Park is fully leased to Forever 21.
Moreno Valley, Calif. — TownGate Center, sold to Brixton Capital, is located in Inland Empire.
Birmingham, Ala. — Bailey brings 20 years of CRE experience to the role.
Monrovia, Calif. — San Gabriel Valley development was 96 percent leased at time of sale.
Beachwood, Ohio – Investments consist of 50 percent of Sonae Sierra Brasil ($283 million) and a stake in Parque Dom Pedro worth $60 million.
Woodstock, Ga. — Woodstock Crossing, north of Atlanta, is anchored by Kroger.
Irvine and Silicon Valley, Calif. — Google Capital joins Starwood Property Trust, Stone Point Capital and other auction.com shareholders.