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Atco acquires Austin shopping center
New York City -- Manhattan-based Atco Properties & Management said it has purchased Crossroads Center, a 99,000-sq.-ft. neighborhood shopping center in Austin, for $14.25 million.
The center is currently 70% leased to a mix of national tenants such as Bennihana, Chili’s, West Marine, Cycle Gear, as well as locals Trudy’s, Plucker’s and Big Daddy’s Burgers.
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Hillsdale Shopping Center embarks on major renovations
San Mateo, Calif. -- Hillsdale Shopping Center, located in San Mateo, Calif., is currently undergoing an extensive 80,000-sq.-ft. renovation to an area previously occupied by Mervyn’s.
The transformation will feature San Mateo County’s first Cheesecake Factory, a two-story Forever 21, and H&M as anchors of the center’s south end.