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Shaw’s portfolio acquired
Bryn Mawr, Pa. -- WP Realty and Angelo, Gordon & Co. announced the acquisition of the Shaw’s portfolio, consisting of seven Shaw’s-anchored shopping centers and one free-standing Hannaford Bros. located throughout Massachusetts, Maine and Rhode Island.
The portfolio totals 659,143 sq. ft, is 97% leased and contains a mix of national, regional and local tenants. Shaw’s occupies 419,098 sq. ft. across the portfolio, Hannaford Bros. occupies 45,882 sq. ft., Staples 23,942 sq. ft., among others.
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The Foundry Big & Tall Supply Co. opens at The Centre at Preston Ridge
Frisco, Texas -- New York City-based Centro Properties Group said that The Foundry Big & Tall Supply Co. has opened at Preston Ridge, located in Frisco, Texas.
The 5,000-sq.-ft. store is part of the new Growth Brands Division at J.C. Penney Co.
Preston Ridge is owned by Centro.