Expansions
Oct 01, 1998
Trexlertown, Pa. - The new owners of Trexlertown Plaza in Trexlertown plan to double the size of the 212,000 sq. ft. shopping center, adding another 200,000 sq. ft. of retail space on 40 vacant acres at the 70-acre site. Potential uses include...
Is It All Peaches and Cream?
Oct 01, 1998
In July, the acting U.S. Comptroller of the Currency, Julie Williams, expressed concern about national banks' drift toward making subprime and high loan-to-value loans. Such practices, she said, would lead to risky underwriting and "cutthroat...
Southstill on theRiseSouth Still on the Rise
Oct 01, 1998
The southeastern United States has maintained its status as a region with a strong and growing economy, having once again surpassed the national average for economic growth. And Dixie's rising population statistics, low unemployment numbers and...
Major Tenant Happenings
Oct 01, 1998
Fairfax, Va. - Demolition of an existing structure at Fair Oaks mall in Fairfax will begin later this year to make way for a Macy's department store, scheduled to open in summer 2000. The three-level, 215,000 sq. ft. new anchor will join Lord &...
Storefronts
Oct 01, 1998
Within a popular and competitive retail sector, Amarillo, Texas-based Hastings Entertainment has amassed a 120-unit superstore roster that spans 16 states. And over the next 16 months, the multimedia superstore expects to add another 54 stores...
Renovations
Oct 01, 1998
Chicago - Chicago-based Sears, Roebuck and Co. recently completed a number of renovations of its department stores throughout the country. Grand reopening festivities were held in August for stores at Edgewater Mall in Biloxi, Miss.; South Plains...
Big Boxes Make Big Impressions
Oct 01, 1998
First came 12,000 sq. ft. category-killer stores like Toys 'R' Us. Then came 25,000 sq. ft. superstores like OfficeMax. And finally, 100,000 to 150,000 sq. ft. mega-stores like The Home Depot arrived on the scene...
Fit For Flexible Financing
Oct 01, 1998
Divco West Properties LLC, a real estate acquisition, development and management firm, recently was seeking a loan to buy a California shopping center. The San Jose, Calif.-based firm had heard that Credit Suisse First Boston understood the retail...
Natural inspiration
Oct 01, 1998
LaCrosse Footwear Inc. of La Crosse, Wis., has been in business for more than 100 years, making premium quality protective footwear for such diverse markets as sporting and outdoor, farm and general utility, and occupational and children. Despite...
Management Contracts
Oct 01, 1998
Chicago-based General Growth Properties has been awarded management responsibilities at Valley River Center in Eugene, Ore., by Washington-based Grosvenor Inter- national. The 1.1 million sq. ft. center is anchored by The Bon Marche, Copeland's...
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