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Rappaport and Principal form JV partnership to acquire Mid-Atlantic assets
Washington, D.C. -- The Rappaport Cos. and Principal Real Estate Investors announced a joint venture to acquire retail assets throughout the Mid-Atlantic region.
The program launched with the recapitalization of approximately 1 million sq. ft. of retail space in four retail centers located in Northern Virginia.
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Hodgdon Group completes 15th retail project for Ashley Furniture
Colton, Calif. -- The Hodgdon Group announced that it has completed construction of the conversion of a former Babies "R" Us building at Eastland Center in West Covina, Calif., for the opening of an Ashley Furniture HomeStore on March 15.
Hodgdon Group's HMC Construction handled all entitlements and served as the design-build contractor for the major renovation of the 42,000-sq.-ft. freestanding building. The West Covina location, in Eastland Center, represents the 15th Ashley Furniture HomeStore to be completed by the Hodgdon Group.