REAL ESTATE

Tryperion Partners expands San Antonio portfolio with acquisition

BY Katherine Boccaccio

San Antonio, Texas – Tryperion Partners, a private real estate investment firm, has acquired Gateway Plaza, a 97% occupied, 138,510-sq.-ft. community shopping center anchored by Burlington Coat Factory that is located in San Antonio’s burgeoning metropolitan area. The acquisition, which is Tryperion’s second of a San Antonio REO property in less than a year, includes additional land for future development.

“Gateway Plaza presented a unique blend of stable cash flow and upside potential,” said Tryperion partner Joseph Kessel. “The stabilized occupancy and lease term of Burlington Coat Factory and the junior anchors enable us to focus on leasing existing vacancies and either ground leasing or selling the development pads.”

Tryperion has engaged San Antonio-based Endura Advisors to market the existing vacancies and future development sites.

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REAL ESTATE

Four tenants join Shoppes at Susquehanna Marketplace

BY Katherine Boccaccio

Harrisburg, Pa. — The Shoppes at Susquehanna Marketplace, in Susquehanna Township, Pennsylvania, is celebrating its 10th anniversary by adding dining, spa services and two in-demand retailers, announced The Shoppes’ owner and developer, Stanbery Development.

J. Crew Factory, Athleta, Harvest Seasonal Grill & Wine Bar, and Hand & Stone Massage and Facial Spa all will join The Shoppes in time for the holiday selling season. They join Banana Republic, Chico’s, Francesca’s, J. Jill, Jos. A. Bank, LOFT, Plum Bottom, Romano’s Macaroni Grill, Starbucks, White House Black Market, and Williams-Sonoma at the 110,384-sq.-ft. open-air center.

Harvest Seasonal Grill & Wine Bar, part of the Dave Magrogan Restaurant Group, has opened at the former site of Fox & Hound.

Hand & Stone Massage and Facial Spa, opening in the former Bath & Body Works space in September, will make its Harrisburg debut. Athleta is expected to open by the holidays in the former Justice location. And J. Crew is slated to open prior to the holidays in Coldwater Creek’s former space.

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REAL ESTATE

Art Production Fund and Hyde Park Village present public installation

BY Katherine Boccaccio

Tampa, Fla. — Hyde Park Village and Art Production Fund will present a public installation by Jessica Craig-Martin, consisting of 46 banners on display at the Tampa luxury retail locale. These public art works will be the first in a series of outdoor exhibitions, and will be on view at Hyde Park Village beginning Sept. 19.

The banners feature imagery exemplary of Craig-Martin’s distinctive approach to photography, and will be installed throughout the retail district’s public areas. These works depict objects of luxury in high-contrast, cropped and fantastical compositions—a woman’s heeled foot alongside a dog’s paw, the jewel-like splendor of a chandelier, and the center rift of a of a blonde woman’s French twist – for example. At once bizarre and ambiguous, Craig-Martin’s images at Hyde Park Village illustrate her ongoing interest in abstract forms of fashion portraiture.

"We are very excited to bring public art to Hyde Park and specifically to showcase Jessica’s amazing work. The beautiful and intriguing images provide a wonderful excuse for family and friends to come together for a fun and convenient cultural excursion,” said Samantha David, head of upMarkets, a division of WS Development.

Hyde Park Village is comprised of six city blocks in the heart of Tampa Bay’s Hyde Park Historic District. Home to a unique mixture of local, regional, and national boutiques and restaurants, The Village offers an edited array of fashion, dining, and entertainment.

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