News:
Brokerage
Posted: May 11, 2009
Stonemar completes 10,000 s/f lease extension to Hobby Lobby in Ark.
Hobby Lobby, a major crafts chain and anchor tenant, has agreed to an early renewal and 10,000 s/f lease expansion to approximately 62,000 s/f at Bernard Court Shopping Center.
The renewal, which includes extending the long-term lease by another 13 years, was signed with Stonemar Properties, owner-manager of Bernard Court since 2007.
The crafts store agreed to extend its original 18-year lease, due to expire in 2011, by an additional 13 years to 2024 with an additional five-year option.
Tags:
Brokerage
MORE FROM Brokerage
Simi Capital enters Texas with acquisition of 359,000 s/f small-bay industrial portfolio in Northwest Houston
Houston, TX Simi Capital acquired a three-property, 359,000 s/f small-bay industrial portfolio. The transaction, completed in a joint venture with Decker Capital, marks Simi
Columns and Thought Leadership
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt
First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
A guide to finding the right NYC property management company - by Sanjay Gandhi
Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
.gif)