REAL ESTATE

Cobbs Ford Village opening spring 2014

BY Katherine Boccaccio

Prattville, Ala. — Brentwood, Tenn.-based GBT Realty said that it is bringing Starbucks Coffee, Aspen Dental and Firehouse Subs to Cobbs Ford Village, a new, in-line shopping center located in Prattville, Ala., in the Montgomery MSA. 


Cobbs Ford Village is approximately 2.52 acres and will house several additional tenants that are now in the beginning stages of signing leases. Groundbreaking for the center will be this April, with an estimated opening date of spring 2014.

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S.Hance says:
Mar-13-2013 04:04 pm

It is quite a big place, good for the citizens they can put up their own house there. the groundbreaking is very near. Congrats to them. - Aflac Assist LLC

S.Hance says:
Mar-13-2013 04:04 pm

It is quite a big place, good for the citizens they can put up their own house there. the groundbreaking is very near. Congrats to them. - Aflac Assist LLC

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REAL ESTATE

CenterMark to build first free-standing Dollar Tree in Cleveland

BY Katherine Boccaccio

Cleveland — CenterMark Development has announced plans to build a 10,010-sq.-ft. Dollar Tree store in Cleveland, the first ground-up construction of a free-standing Dollar Tree store in the City of Cleveland.

The project breaks ground in March with completion scheduled for August 2013. Construction financing was provided by PNC Bank. HCI is serving as general contractor.

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U.S. Bank closes on $46 million loan for Pier Park North

BY Katherine Boccaccio

Panama City Beach, Fla. — Columbus, Ohio-based Casto said that its JV partners The St. Joe Co. and Strategic Retail Advisors, along with U.S. Bank, have closed on a $46 million construction loan that will finance The Pier Park North Shopping Center, a 360,000-sq.-ft. shopping center in Panama City Beach, Fla.

The Pier Park North Shopping Center will be located across from Pier Park Lifestyle Center; tenants will include Bed Bath & Beyond, Lee Nails & Spa, Mattress Firm, Men’s Warehouse, PetSmart, Rooms to Go and Shoe Carnival. The new tenants will join Dick’s Sporting Goods, Michaels, Pier 1 Imports and Kirkland’s, which committed last fall to leasing space at Pier Park North.

Pier Park North is slated to open in spring 2014.

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