Woodland Plaza, built in 1981, is a multi-tenant retail center with Dollar Tree as a shadow anchor
The property also benefits from a strong lineup of shadow anchor
tenants including Sam's Club, Home Depot and Aldi.
The property is 84,000 s/f, on a long-term net lease to Dicks Sporting Goods and is a shadow anchor
outside of the SouthPark Mall in Charlotte, North Carolina.
Wheeler, Chairman and Chief Executive Officer, stated, "Surrey Plaza makes a great addition to our portfolio, as it is 100% leased, grocery-anchored, includes vacant outparcels that may provide value add opportunities, and includes a large shadow anchor
(Ace Hardware) that has historically helped to drive traffic to this particular submarket.
A Sam's Club is scheduled to be built at the center in 2013, adding an additional shadow anchor
The shopping center, which has several small chain and mom-and-pop tenants, also has several national shadow anchor
tenants such as Publix, Walgreens, and McDonalds.
Maxx, Bed Bath & Beyond, PetSmart and Old Navy, with Target drawing traffic as a shadow anchor
The shadow anchors
are Macy's, JC Penney's, Dillard's, and Sears.
The center is anchored by Petco and Big 5 Sporting Goods, with shadow anchors
including Target and Raley's.
These properties, four of which are located in Louisiana and one in Massachusetts, are 93% occupied and anchored by Marshalls, Ross Dress for Less, Bed Bath & Beyond, OfficeMax, Michaels with Target, Albertsons and Kroger as shadow anchors
Completed in two phases in 2005 and 2007, the 95-percent-leased Turtle Creek Crossing is home to Ashley Furniture HomeStore, Books-A-Million, Dollar Tree, Old Navy, PetSmart, Ross Dress for Less, Bed Bath & Beyond, Davids Bridal and Rue 21 along with shadow anchors
Target, Kohls and Academy Sports + Outdoors.
With many national tenants and shadow anchors
Target and Lowe s, Rutherford Crossing presented an excellent opportunity for a buyer seeking above-average market yields in the D.