As someone deeply committed to urban revitalization and community growth, I am thrilled about the numerous benefits this acquisition brings and the potential it holds for fostering a more inclusive and diverse environment. Here’s why this is such a significant moment: Enhanced Shopping and Dining Experiences: One of the most exciting aspects of this acquisition is the potential to revitalize the Plaza's retail and dining scene. We can look forward to a diverse mix of high-end and boutique stores, alongside a variety of dining options that cater to all tastes. This will make the Plaza an even more attractive destination for both locals and visitors, celebrating a rich tapestry of cultures through food and retail. Economic Growth and Job Creation: The revitalization of the Plaza is poised to drive significant economic growth. By attracting new businesses and fostering a vibrant commercial environment, this acquisition will create numerous job opportunities and contribute positively to the local economy. Vibrant Community Engagement: The Plaza has always been a hub for community activities, and this acquisition will only enhance that. These events will bring people together, celebrate the diverse cultures within our city, and foster a strong sense of community and belonging. Support for Local Businesses: As a small business owner, I am particularly excited about the possibility Dallas Group’s commitment to supporting local businesses. They should understand the importance of maintaining the unique character and charm that local entrepreneurs bring to the Plaza. This support will ensure that the Plaza remains a place where local businesses can thrive, contributing to a vibrant and inclusive community. Fostering Diversity and Inclusion: One of my hopes with this acquisition is that it brings more diversity and cultural representation to the Plaza. Hopefully The Dallas Group is committed to creating an environment that welcomes everyone, no matter their background or community. By promoting diversity and inclusion, we can ensure that the Plaza is a place where all feel valued and represented, enriching the community with a variety of voices and experiences. Creating a Dynamic Future: This acquisition represents a new chapter for the Country Club Plaza, filled with promise and potential. enhancements, creating a dynamic and vibrant future for this iconic landmark. Together, we can build a Plaza that reflects the diverse and inclusive spirit of Kansas City. Together, we will ensure that the Country Club Plaza remains a cherished and inclusive destination for generations to come. #Sustainability #HistoricPreservation #Diversity #Inclusion #Shopping #Dining #CommunityEngagement #LocalBusiness #UrbanRevitalization https://lnkd.in/gTuQfqVG
Terrell Jolly, MBA’s Post
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We have just purchased a prime site for £32m in Vauxhall – our third acquisition within a month. The latest acquisition follows our recent purchases of prime sites in Tite Street, Chelsea, and Westminster Tower on Albert Embankment. The Zone 1 site of just under an acre in Wyvil Road, is one of the few remaining key tranches of land with development potential within the Vauxhall/Nine Elms and Battersea Opportunity Area. Planning permission is in place for a residential-led scheme rising to 36 storeys. The site’s central location makes it a highly attractive proposition for new homes. Transport links are excellent, with Nine Elms station close by, offering fast connections to the City and West End within 15 minutes on the Northern Line. Additionally, Vauxhall bus and train station, a key transport hub, is within a 10-minute walk, offering fast access to central London, London Waterloo, and Clapham Junction in less than six minutes. The River Thames is 500 metres from the site, with riverside walks and boat services to the West End, City and Canary Wharf. Adam Lawrence, Founder and Chief Executive, London Square, said: “This is another highly strategic acquisition in the growth of London Square’s presence in central London.” ALDAR #NewAcquisition #LondonSquare #LondonSquareDevelopments #MakingLondonGreater
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Charter Hall’s Bunnings Albion Park sold for $40.6 million by CBRE Bunnings Albion Park sold by CBRE Senior National Director of Retail Capital Markets – Australia, James Douglas on behalf of Charter Hall, with Costi Cohen’s Tas Costi and Jacky He 贺奕升 acting as the buyer’s agents and transaction advisor. “Despite the lack of recent transactions, Bunnings stores remain highly sought-after by a broad range of investors due to the typically long-term nature of the leases and inbuilt fixed annual rental growth,” James Douglas noted. Costi Cohen’s Tas Costi said, “Our client recognised the long-term security and strong growth potential offered by this exceptional Bunnings asset. The strategic location, coupled with a high-quality tenant like Bunnings, provides a stable income stream and aligns perfectly with our client’s focus on assets that offer both security and future value. This acquisition highlights the continued appeal of well-located, premium-grade properties in Australia’s commercial landscape.” Jacky He 贺奕升 noted, “Asian investors are increasingly seeking generational assets with reputable tenants like Bunnings, whose strong covenant and proven market resilience make them ideal for high-growth areas like Shellharbour. ” Read more on COMMO > https://lnkd.in/gm8g9BqU Simon Rooney Leif Olson Sheree Griff Stephen Thomas Shane Cook Joe Tynan Michael Hedger Mark Curtain Bruce Baker Ben Wicks Alex Mirzaian Amita Mehra Charlotte Fordyce Chloe Mason Sheree Griff Shane Cook Ryan Arrowsmith Chris McDonald Fred Clohessy Daniel Sollorz Michelle Clarke Sean McMahon Emily Harding Julian Menegazzo The ASEAN Developer RETalk Asia #cbre #retailnews #bunnings #sold #shellharbour #realestate #commercial #retailmarket #lfr #largeformatretail #retailrealestate #retailinvestment #charterhall #costicohen
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"There are more tenants that will take smaller spaces and landlord contribution of capital, or CapEx, to generate growth in those properties is much lower than a traditional format open-air shopping center." - David Lukes Learn more about why SITE Centers is spinning off their unanchored convenience retail portfolio in the interview with their President & CEO, David Lukes, below: https://lnkd.in/gDVYc8UZ
SITE Centers CEO Discusses Strategic Moves Amid Active Market
reit.com
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🔔 𝑴𝙐𝑳𝙏𝑰 𝒊𝙨 𝙗𝒂𝙘𝒌 𝒊𝙣 𝙐𝑲 - Very excited about this accomplishment which enlarges our portfolio under management to 2.7 Mln sqm GLA and around 5 billions euro value. 📈 #retail #realestate #commercialrealestate #properymanagement #business
We are excited to announce that Multi has bought a majority stake in UK specialist retail asset and property manager Realm. The acquisition signals the return of Multi Corporation to the United Kingdom where it had a significant presence between 2001 and 2021 having developed or managed major retail destinations across the country including the Southgate Centre in Bath, Victoria Square in Belfast, and Glasgow’s St Enoch centre. In addition, Multi will also enter Denmark through this investment. Realm was founded in 2001 and has established itself as a leading operator of retail destinations and designer outlets in the UK, building up a strong client base among institutional investors having worked on 19 properties representing 45% of the UK outlet market. Realm’s current portfolio includes a number of high profile venues including the London Designer Outlet, Wembley Park, Resorts World, Birmingham, Lakeside Village, Doncaster, Ringsted Outlet in Denmark, and the development of the Cotswolds Designer Outlet, opening in Spring 2025. Multi will manage over 160 assets in the UK and Europe with a GLA of approximately 2,7 million sqm and an estimated total value in excess of €5 billion. The UK and Denmark operations will be called Multi-Realm. Realm Managing Director, Dan Mason, and Leasing Director, Christine Grace, will remain as co-owners of the business. Multi-Realm has 40 employees which are based in the UK and Denmark. Steven Poelman Elmar Schoonbrood Dan Mason Christine Grace Multi-Realm #commercialrealestate #retailrealestate
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🏢 In the dynamic theater of commerce, commercial real estate serves as the stage where aspirations take center spotlight. From bustling storefronts to towering corporate headquarters, it is the canvas upon which ambitions come to life. Each property, a chapter in the unfolding drama of success, beckons businesses to step into the limelight and showcase their potential. Embrace the strategic setting of commercial real estate as the catalyst for turning ambitions into reality. #CommercialRealEstate #AmbitionUnleashed 🌟
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Skyline Retail REIT is proud to expand its holdings in Huntsville, ON, with the completion of a new multi-tenant plaza at 15-21 Hanes Road. The plaza is anchored by FreshCo and is also home to an exciting line up of quick-service restaurants including Popeyes, Firehouse Subs, Taco Bell, and Burger King. Skyline Retail REIT extends a huge thank-you to joint venture partner, Jamie Chisholm of New Urban Retail Inc. and anchor tenant Sobeys; in addition to construction partners Cameron + Associates Management Inc. (CAMi Management), Greystone , and HLD Muskoka. The REIT continues to seek opportunities to invest in retail properties anchored by tenants who provide essential goods and services in Canada’s secondary markets. Through developments like these, as well as the meticulous management of existing assets and strategic acquisitions, the REIT aims to benefit its investors, tenants, shopping centres, and surrounding communities. Skyline Retail REIT's current annualized return since inception (2013) is 12.13%. Learn more about the REIT’s performance and contact a Skyline representative to invest: https://lnkd.in/dpN3N-TG Video footage supplied by CAMi Management. #PrivateWealth #PortfolioManagement #RetailNews #AlternativeInvestments #WealthManagement #Investments #RealEstate #REIT
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𝗖𝗵𝗮𝘀𝗲 𝗣𝗿𝗼𝗽𝗲𝗿𝘁𝗶𝗲𝘀 𝗘𝘅𝗽𝗮𝗻𝗱𝘀 𝗣𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼 𝘄𝗶𝘁𝗵 𝗖𝗿𝗲𝗲𝗸𝘀𝗶𝗱𝗲 𝗣𝗹𝗮𝘇𝗮 𝗶𝗻 𝗜𝘁𝗵𝗮𝗰𝗮, 𝗡𝗬, 𝗮𝗻𝗱 𝗪𝗮𝘆𝗻𝗲𝘀𝗯𝗼𝗿𝗼 𝗧𝗼𝘄𝗻 𝗖𝗲𝗻𝘁𝗲𝗿 𝗶𝗻 𝗪𝗮𝘆𝗻𝗲𝘀𝗯𝗼𝗿𝗼, 𝗩𝗔 Chase Properties is pleased to announce two significant retail acquisitions: Creekside Plaza in Ithaca, NY, and Waynesboro Town Center in Waynesboro, VA. These additions align with Chase Properties' strategy of investing in dominant retail centers in secondary and tertiary markets with limited competition. 𝗖𝗿𝗲𝗲𝗸𝘀𝗶𝗱𝗲 𝗣𝗹𝗮𝘇𝗮 – 𝗜𝘁𝗵𝗮𝗰𝗮, 𝗡𝗬 Built in 2001, the 180,000-square-foot shopping center is currently 95% leased and boasts anchor tenants such as Dick’s Sporting Goods, HomeGoods, Barnes & Noble, and O’Reilly Auto Parts. The property also benefits from the adjacent Wegmans Food Market, which generates strong and consistent customer traffic. 𝗪𝗮𝘆𝗻𝗲𝘀𝗯𝗼𝗿𝗼 𝗧𝗼𝘄𝗻 𝗖𝗲𝗻𝘁𝗲𝗿 – 𝗪𝗮𝘆𝗻𝗲𝘀𝗯𝗼𝗿𝗼, 𝗩𝗔 Waynesboro Town Center is a 170,810-square-foot retail hub, strategically located along the I-81 corridor in Virginia’s Shenandoah Valley. Built in 2007, the center is currently 98% leased and shadow-anchored by Target and Kohl’s. Its tenant mix includes Ross Dress for Less, PetSmart, Burlington, and Michaels. Andy Kline, Co-CEO of Chase Properties, highlighted these acquisitions’ significance within the company’s broader investment strategy: "𝘞𝘦 𝘢𝘳𝘦 𝘵𝘩𝘳𝘪𝘭𝘭𝘦𝘥 𝘵𝘰 𝘢𝘤𝘲𝘶𝘪𝘳𝘦 𝘵𝘸𝘰 𝘥𝘰𝘮𝘪𝘯𝘢𝘯𝘵 𝘴𝘩𝘰𝘱𝘱𝘪𝘯𝘨 𝘤𝘦𝘯𝘵𝘦𝘳𝘴 𝘸𝘩𝘪𝘤𝘩 𝘱𝘦𝘳𝘧𝘦𝘤𝘵𝘭𝘺 𝘢𝘭𝘪𝘨𝘯 𝘸𝘪𝘵𝘩 𝘰𝘶𝘳 𝘴𝘵𝘳𝘢𝘵𝘦𝘨𝘺 𝘰𝘧 𝘰𝘸𝘯𝘪𝘯𝘨 𝘢𝘯𝘥 𝘮𝘢𝘯𝘢𝘨𝘪𝘯𝘨 𝘸𝘦𝘭𝘭 𝘭𝘰𝘤𝘢𝘵𝘦𝘥 𝘱𝘳𝘰𝘱𝘦𝘳𝘵𝘪𝘦𝘴 𝘪𝘯 𝘴𝘦𝘤𝘰𝘯𝘥𝘢𝘳𝘺 𝘢𝘯𝘥 𝘵𝘦𝘳𝘵𝘪𝘢𝘳𝘺 𝘮𝘢𝘳𝘬𝘦𝘵𝘴. 𝘊𝘳𝘦𝘦𝘬𝘴𝘪𝘥𝘦 𝘗𝘭𝘢𝘻𝘢 𝘢𝘯𝘥 𝘞𝘢𝘺𝘯𝘦𝘴𝘣𝘰𝘳𝘰 𝘛𝘰𝘸𝘯 𝘊𝘦𝘯𝘵𝘦𝘳 𝘩𝘢𝘷𝘦 𝘴𝘵𝘳𝘰𝘯𝘨 𝘵𝘦𝘯𝘢𝘯𝘵 𝘳𝘰𝘴𝘵𝘦𝘳𝘴 𝘸𝘪𝘵𝘩 𝘢 𝘱𝘳𝘰𝘷𝘦𝘯 𝘩𝘪𝘴𝘵𝘰𝘳𝘺 𝘰𝘧 𝘳𝘰𝘣𝘶𝘴𝘵 𝘴𝘢𝘭𝘦𝘴 𝘱𝘦𝘳𝘧𝘰𝘳𝘮𝘢𝘯𝘤𝘦. 𝘛𝘩𝘦𝘪𝘳 𝘱𝘰𝘴𝘪𝘵𝘪𝘰𝘯𝘴 𝘢𝘴 𝘵𝘩𝘦 𝘱𝘳𝘪𝘮𝘢𝘳𝘺 𝘳𝘦𝘵𝘢𝘪𝘭 𝘥𝘦𝘴𝘵𝘪𝘯𝘢𝘵𝘪𝘰𝘯𝘴 𝘪𝘯 𝘵𝘩𝘦𝘪𝘳 𝘢𝘳𝘦𝘢𝘴, 𝘤𝘰𝘶𝘱𝘭𝘦𝘥 𝘸𝘪𝘵𝘩 𝘣𝘦𝘴𝘵-𝘪𝘯-𝘤𝘭𝘢𝘴𝘴 𝘴𝘩𝘢𝘥𝘰𝘸 𝘢𝘯𝘤𝘩𝘰𝘳𝘴 𝘢𝘯𝘥 𝘢𝘤𝘤𝘦𝘴𝘴 𝘵𝘰 𝘭𝘢𝘳𝘨𝘦 𝘵𝘳𝘢𝘥𝘦 𝘢𝘳𝘦𝘢𝘴, 𝘦𝘯𝘴𝘶𝘳𝘦 𝘵𝘩𝘦𝘪𝘳 𝘤𝘰𝘯𝘵𝘪𝘯𝘶𝘦𝘥 𝘢𝘱𝘱𝘦𝘢𝘭 𝘢𝘯𝘥 𝘨𝘳𝘰𝘸𝘵𝘩, 𝘮𝘢𝘬𝘪𝘯𝘨 𝘵𝘩𝘦𝘮 𝘷𝘢𝘭𝘶𝘢𝘣𝘭𝘦 𝘢𝘥𝘥𝘪𝘵𝘪𝘰𝘯𝘴 𝘵𝘰 𝘰𝘶𝘳 𝘳𝘦𝘵𝘢𝘪𝘭 𝘱𝘰𝘳𝘵𝘧𝘰𝘭𝘪𝘰." With these acquisitions, Chase Properties continues to focus on investing in well-positioned, high-quality retail assets in smaller markets, ensuring long-term growth and value for its investors. Press Release: https://lnkd.in/gRTfQZuZ #realestateacquisition #retailrealestate #retailleasing #retailacquisition #commercialrealestate
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[NEW ACQUISITION] Spinoso Real Estate Group and Contrarian Properties acquire Crossroads Center, ST. Cloud, MN largest regional shopping center outside the Twin Cities. This strategic acquisition reflects SREG’s growth strategy in the acquisition of prime enclosed malls from coast to coast. "Crossroads Center holds immense significance as a retail hub in central Minnesota," said Carmen Spinoso, Chairman and CEO of SREG. "We are excited for the growth potential and enhancement in this vibrant community center. Our commitment is to reinvest and revitalize Crossroads Center, ensuring it remains a central gathering place for families and the entire St. Cloud community." "We are excited to introduce our unique leasing and development focus to Crossroads Center," Carmen Spinoso added. "Our goal is to evolve, redevelop, and establish Crossroads Center as the premier shopping and entertainment destination in the St. Cloud area." As owners, SREG will serve to handle Crossroads Center’s management, leasing, redevelopment, operations, and marketing with its commitment to further establish Crossroads Center as the premier shopping, dining, entertainment and gathering destination for the St. Cloud community. 🛍️👨👩👧👦🏡 #gettingdealsdone #retailrealestate #commercialproperties #realestatedevelopment #commercialrealestate #shoppingmall #businessminded #strategy #growthmindset #oppertunity #retail #team #realestate #enclosedmall #shoppingcenter #marketing #community #property #icsc #acquisition #investing
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"Acquisition of Fountain Hills Shopping Center by First National" Read the full article below..
“Acquisition of Fountain Hills Shopping Center by First National”
https://cremarketbeat.com
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NEW: When a mysterious web of connected companies started buying up building after building on a stretch of Pacific Heights, business owners in the area were hopeful that the infusion of capital could help buoy and revive the close-knit retail community that had been struggling since the pandemic. But, months after the properties traded hands, the vision of Upper Fillmore’s newest investor is coming into focus: And it does not appear to include several of the mom and pop businesses that have anchored the street for decades. #sanfrancisco #realestate #commercialrealestate #restaurants #investment #venturecapital #retail San Francisco Chronicle
Investor who bought up buildings to ‘improve’ ritzy S.F. neighborhood is uprooting legacy businesses
sfchronicle.com
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Professor of Chemistry @MCCKC/School of Education Faculty @ Liberty University | Credentialed in CHEM/EDUC & Principal Investigator of 5S LLC.
5moHi Terrell Jolly, MBA I am from Dallas College and very familiar with some of their properties. They have thriving centers of Commerce.