Reiche Partners LLC plans to build a series of commercial buildings ranging from 50,000 sf to 500,000 sf, according to Horizon Group Properties chairman, president and CEO Gary J. Skoien. Horizon, which now operates nine power centers in the US totaling 2.2 million sf, will use the $10.3 million to pay down debt on the Huntley property, which it acquired in June from The Prime Group Inc. for $30.25 million.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.