Barry Synnott, a broker with Coldwell Banker Commercial NRT,notes that Coldwell helped lease up an existing 27,000-sf retailproperty nearby for local developer Bob Vossi. Currently, Vossi hasobtained preliminary site plan approval for the new retail centerand is in the approval process for final site plan approval.

Meanwhile, Synnott reveals that a 15,000 sf lease at the retailcenter is under contract. In addition, deals for 20,000 sf and24,0000 sf are in negotiations.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.