(For more retail coverage, click GlobeSt.com/RETAIL.)
HOLLAND, MI-Howard & Mills Inc. chief executive officerGeoff Mills expects it will take six to eight months to revive theailing Westshore Mall, the 415,804-sf retail center his companyrecently purchased from LaSalle Bank National Association. In atransaction that closed Nov. 8, Howard & Mills bought the415,804-sf retail center here for $13.95 million. The buyerinitially plans to pump $3 million into Westshore, which was builtin 1988 and is about 67% occupied.
"Our job is to take it and bring it back to where it used tobe," Mills tells GlobeSt.com. The first round of improvementsincludes new signs and asphalt, and prepping vacant space so thatit can be turned over quickly as new tenants sign leases.
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