Owner of redeveloped SC shopping center is bankrupt

SC shopping center bankruptcy adds to real estate legal thicket May 12, 2019 The split between the owner of two dozen South Carolina shopping centers and its ousted founder is becoming more.

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Ground was broken for the complex in 1962 with Ashley Plaza opening on April 16, 1964. At its opening the shopping center consisted of J.M. Fields Department Stores joined to a Pantry Pride supermarket, built at a cost of $1.75 million and owned by Sumar Corporation of South Carolina.

SC shopping center bankruptcy adds to real estate legal thicket May 12, 2019 The split between the owner of two dozen South Carolina shopping centers and its ousted founder is becoming more.

But the path to redevelopment also would require. Sears location was slated to be sold through bankruptcy court by SRSA.

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What works in shopping center redevelopment is usually "mixed use." The term refers to a mix of land uses, such as commercial (retail), office, residential, and perhaps other uses. Many empty nesters would like to live in a beautiful condo with the ability to go to restaurants and shops without going outside, or at least very far outside.

Century III Mall’s ownership details at least $100 million in investment, some of it public, to tear down the mall and rebuild on the West Mifflin site

St. Ann officials said Tuesday that they hope to meet soon with the new owner of Northwest Plaza to learn what it plans to do with the financially struggling mall. The new owner, St. Ann Shopping.

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A los angeles-based operator of retail shopping centers is set to acquire the. the firm can add value through in-house leasing, redevelopment and repositioning, according to its website. The.

Before the redevelopment, sales per square foot at the shopping center were $459. spokesman for international mall and outlet owner simon Property Group. »BIZ BEAT: 5 things to know about Payless.