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The WinCo Foods project represents the complete redevelopment of an anchor site at Trinity Valley Shopping Center that was occupied by Target, but the location remains popular due to little construction in the area.
InvenTrust Properties' goal is to build a retail portfolio of assets that includes the right centers in the right markets and new grocery-anchored power center, The Parke, matches this investment criteria well.
The building at 7501 Fannin in the Texas Medical Center has space still built out for a full-service hospital, and Cambridge Properties is replacing HVAC systems and making other upgrades to attract tenants.
The REIT's non-executive chairman, James A. Ratner, says the company is “committed to closing the gap between our share trading price and net asset value.”
Three major transactions in Los Angeles and Santa Monica helped to boost California onto the national's top deal sheet, making this the most active first half since 2013.
With the current lease expiring in about a year, the Port wanted to be sure to put the best possible manager/operator in place for the interim period between the end of the current lease and the redevelopment of the Central Embarcadero, Penny Maus tells GlobeSt.com.