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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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Big Lots to open at Reisterstown Road Plaza
Baltimore -- Oak Brook, Ill.-based Inland Western Retail Real Estate Trust announced that Reisterstown Plaza Associates LLC, one of its wholly owned subsidiaries, has signed a lease with Big Lots to occupy a 35,000-sq.-ft. location at Reisterstown Road Plaza in Baltimore.
The Big Lots is slated to open this fall and brings the center to more than 92% leased.