• Shopping

    Developer buys shopping center near Mall at Fox Run in Newington NH

    NEWINGTON – Real estate development and investment company Torrington Properties announced Friday it has acquired the Newington Park Shopping Center for $13.3 million and touted plans to “transform” the site. The property is located at 2026 Woodbury Ave., between the Mall at Fox Run to the north and The Crossings to the south. The Newington Park Shopping Center’s current tenants include Savers, JOANN Fabrics and Crafts and Party City, as well as restaurant spaces. York Hospital has a cardiovascular care facility on the property too. Torrington announced it purchased the 15-acre shopping center from real estate investment trust Urstadt Biddle  

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  • Shopping

    Huber Heights shopping center sells for $8.5M

    ExchangeRight, based in Pasadena, invests in properties with tenants holding longer-term leases with initial terms longer than 10 years. It also favors leases backed by investment-grade corporate credit. The company also likes net-leased properties in which tenants are responsible for all operating expenses, including taxes. In a statement to the Dayton Daily News, a representative of ExchangeRight said: “JRW Realty facilitated the all-cash acquisition of this property on behalf of ExchangeRight. We are actively seeking to acquire grocery-anchored multi-tenant shopping centers and single-tenant properties net-leased to investment-grade companies that offer essential products and services for use in our Net-Lease Portfolio  

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  • Shopping

    New Aldi Grocery Store Set for Chapel Hill Shopping Center

    Chapel Hillians can expect yet another grocery store option as a vacant lot at Chapel Hill’s Eastgate Crossing shopping center is filled. In June, the town’s Community Design Commission unanimously approved plans for a 24,884-square-foot Aldi at Eastgate Crossing, located at the intersection of E. Franklin Street and Fordham Boulevard. The space near Kipos restaurant and the Dollar Tree is across the parking lot from another popular grocer: Trader Joe’s. The future grocery store lot has sat vacant since its former occupant, Stein Mart, announced Chapter 11 bankruptcy in August of 2020. Eastgate Crossing sits squarely in the Town of  

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  • Shopping

    | Crain’s Cleveland Business | Westgate Shopping Center sold to Missouri firm

    Seeing opportunity in the 16 empty shops at Westgate Shopping Center in Fairview Park, an affiliate of retail-focused The R.H. Johnson Co. of Kansas City, Missouri, has acquired the regional lifestyle center. That’s the word according to JLL Retail Capital Markets of Chicago, which announced Monday, July 19, that it had sold the center on the corner of West 210th Street and Center Ridge Road for the prior owner, IRC Retail Centers/DRA Advisors of New York City. A sale price was not disclosed by JLL. Online Cuyahoga County property records did not show a transaction for the 500,000-square-foot shopping center  

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  • Shopping

    Hobby Lobby, Five Below headed to new shopping center

    LET TRAFFIC PASS UNDER THEM DURING THE CONSTRUCTION. CAROL: CONSTRUCTION ON A LOT IN GREENVILLE COUNTY IS RAISING A LOT OF QUESTIONS ABOUT WHAT’S ON THE WAY. OUR TAGGART HOUCK IS LIVE ALONG NORTH PLEASANTBURG DRIVE AND FURMAN HALL ROAD IN GREENVLE COUNTY AND THERE ARE STILL SOME QUESTIONS ABOUT WHAT IS GOING ON THERE. TAGGART: YES, SOME QUESTIO. STILL SOME QUESTIONS AUTBO EXACTLY WHAT ELSE. >> IT MAY NOT LOOK LIKE MUCH NOW NAT BEEPING VEHICLE BUT PLANS FROM THE OERWNS OF THIS LOT OFF NORTH PLEASTBANURG DRIVE AND FURMAN HALL ROAD DEPICT WHAT MAY BE MORE TH 100,000  

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  • Shopping

    Belpre shopping center to go through major transformation

    BELPRE, Ohio (WTAP) – There’s been a lot of commercial development in the area lately. WTAP News has learned more is on the way. If you’ve traveled on Washington Boulevard in Belpre lately, you may have noticed construction work in progress at the longtime Belpre Shopping Plaza, especially at the location of the former Kroger store that’s been mostly empty for nearly 25 years. We’ve learned the shopping plaza is about to go through a major transformation. The plaza will be renamed “Belpre Market Square”, and the project developer confirmed to us Friday several businesses have committed to locating there. 

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  • Shopping

    6 months after being hit with vacancies, Airport Road shopping center at standstill

    Six months into at least six storefronts going vacant, what’s to come at the Airport Road Shopping Center continues to remain a mystery. The complex in the 1800 block of Airport Road bordering Hanover Township, Lehigh County, and Allentown faced its first two major vacancies even prior to the coronavirus pandemic shutdown in March 2020. Firehouse Subs closed in February 2019 due to a personal decision by the franchisee and it’s neighboring tenant, Zoup!, closed that September. There were some initial plans to fill those two spots with possibly a single tenant but it appears the pandemic stalled that proposal.  

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  • Shopping

    Abandoned Madawaska Main Street shopping center to become health care facility

    MADAWASKA, Maine — A new health care center for Fish River Rural Health is coming to the abandoned Mid-Town Shopping Center on Main Street in Madawaska. The town, which acquired the land through a charitable donation when the previous landlords left, will donate the land to Fish River for the new center. Madawaska Board of Selectmen voted unanimously on June 23 to approve a memorandum of understanding with Fish River for the project to move forward, which is jointly part of a planned expansion for Fish River and Madawaska’s ongoing downtown revitalization efforts. The project does not include the  abandoned  

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  • Shopping

    City Hall: More roundabouts, recycling savings and shopping center improvements | Local Government

    “From a standpoint of community policy — it’s safer, quicker, more efficient and I saved you money. Those three are usually good things in the scheme of life,” Shafer said. A few years ago, some motorists who frequented 14th and Superior streets weren’t buying it. The city is now doing another analysis of the intersection, said Dan Carpenter, interim manager for traffic engineering. Support Local Journalism Your membership makes our reporting possible. {{featured_button_text}} Economic recycling Standardized recycling bins and fewer — but larger — recycling sites made a difference, city officials say. A new two-year, $2.2 million contract with Husker  

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