(For more retail coverage, click GlobeSt.com/RETAIL.)
MURFREESBORO, TN-Cousins Properties Inc. and Charlotte, NC-basedFaison Enterprises have acquired 100 acres at the Manson Pikeinterchange of Interstate` 24 here for the Avenue Murfreesboro. The805,000-sf retail center will be Atlanta-based Cousins' eighth andlargest center under the Avenue format, which it introduced in1998.
The 660,000-sf first phase of the center is 57% preleased andexpected to open in the third quarter of 2007. It is designed asthe centerpiece of a 400-acre master-planned community underdevelopment by local landowner C.M. Gatton along the newly openedMedical Center Parkway, which will also contain office space, ahotel, convention center and public spaces.
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