WebApr 11, 2024 · Fremont Town Center is anchored by a 53,912-square-foot Safeway grocery store, which is complemented by strong national tenants including 5 outparcels occupied by Bank of America, Cathay Bank ... WebMar 19, 2024 · At the same time, stock prices of publicly-traded owners of grocery-anchored shopping centers have cratered. For instance, the stock of New York City-based retail REIT Brixmor Property Group Inc ...
Grocery-Anchored Retail Strategy JLLIPT
WebApr 11, 2024 · Particularly in this capital environment, we are pleased to acquire a defensive, grocery-anchored shopping center in a gateway market that features upside potential. WEST PALM BEACH, FL / ACCESSWIRE / April 11, 2024 / Sterling Organization, a vertically integrated private equity real estate investment firm, has announced the … WebJun 9, 2015 · A retail anchor is a store or other tenant that drives traffic to a retail center or area. While large shopping malls typically use department stores as anchors, most private commercial real estate investors buy smaller properties. These strip centers are usually anchored by a grocery store like Safeway, Kroger or Piggly Wiggly or by a drug ... duke mqm program
AmCap Buys DC-Area Retail Center - Commercial Property Executive
WebAug 4, 2015 · The first instance of innovation within the grocery industry came in the 1930's with the creation of what we think of as the 'traditional' supermarket today- grocers with annual sales of at least ... WebThis provides a grocery-anchored shopping center with consistent traffic that benefits the in-line tenants; 2) Grocery stores represent a non-cyclical business. People need to eat whether the economy is strong or weak, therefore, grocery-anchored shopping centers can rely on a minimum level of traffic regardless of economic conditions; 3) Many ... WebMar 30, 2024 · The grocery-anchored center is located in St. Mary’s County, near the intersection of routes 4 and 235, at 45101 First Colony Way. As of 2024, First Colony Center served a population of 17,770 households with an average income of $110,036 within a 5-mile radius, according to KLNB, who handled leasing for the property. ... duke mini storage