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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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Chipotle to open at Orange Plaza
Middletown, N.Y. -- National Realty & Development Corp. said that Chipotle Mexican Grill will join Orange Plaza with a new 4,625-sq.-ft. store.
Orange Plaza is an 815,000-sq.-ft. power center located in Middletown, N.Y. and anchored by Walmart Supercenter, Home Depot, Kohl’s, Burlington Coat Factory, Marshalls, Bed Bath and Beyond, and Staples.