Chicago – Burger King’s original 20-year lease expires in December 2029 and features 5 percent rental escalations every five years.
Philadelphia – Anthony Romano was previously CEO of Charming Shoppes Inc.
Vista, Calif. – Both the CVS Pharmacy and the Comerica Bank buildings on the property have a drive-through.
Peoria, Ariz. – The center is currently 75 percent occupied.
In the post-recession economy, some states that were hurt particularly hard have seen turnarounds of retail development, leasing and brokerage. Florida is one of them.
Sweetwater, Fla. – The property will feature 1,500 parking spaces and a large rooftop solar array.
Las Vegas – Moonbeam’s CEO, Steven Maksin, is on a mission to restructure the company and expand its executive and senior management teams.
Richardson, Texas – The store will anchor the initial 81,000-square-foot phase of the project.
Los Angeles – Two of the properties, Harbor Place and Plaza Alicia, were refinanced with a 10-year term and a 30-year amortization.
Greg Lyon Principal, Design Director, Nadel Architects Changes in consumer lifestyles have resulted in a paradigm shift.