Find in the news:
BY COUNTRY

Retail Properties of America purchases two Washington, DC centers



The portfolio of Retail Properties of America Inc. has been expanded with its purchase of two centers within the Washington, DC metro area.


safe_image.jpg


The purchase cost the company $121.5m. Retail Properties paid $65m for the larger of the two properties, Fort Evans Plaza II. The other property they purchased is Merrifield Town Center. Fort Evans Plaza II is situated in Leesburg, which is known as one of the richest counties within the US. The center measures 229000 sq ft and was 98% leased at the time of the sale.


Retail Properties paid $56.5m for Merrifield Town Center. The center contains 85000 sq ft of retail space, with two residential buildings above it. It can be found in Falls Church, at the main entrance to the Mosaic District mixed-use project. The center was constructed during 2008. At the point of sale, it boasted a 100% tenancy rate.


With the purchase of these two properties, Retail Properties now hold in excess of 2.9m square feet within the Washington, DC/Baltimore metro regions. The company also acquired the retail section of Downtown Crown earlier during this month at a cost of $162.8m.

Related shopping malls and stores:

More about shopping malls in the USA



YESTERDAY, Taiwan:
Dutch studio MVRDV has transformed an abandoned shopping center in Taiwan into an unusual public space.
YESTERDAY, Israel:
In Israel, a national quarantine begins to operate again from September 18, 2020.
YESTERDAY, Sweden:
Shoppers will select goods from different stores in the mall on one website and then pick them up conveniently.
DAY BEFORE YESTERDAY, Spain:
The outlet begins its countdown and fires the starting signal during the "Digital Lighting" event.
DAY BEFORE YESTERDAY, China:
Maison Martell officially opened L'Atelier Martell Shenzhen - a luxury boutique where you can taste and buy exclusive varieties of cognac.
DAY BEFORE YESTERDAY, USA:
The new retail store layout is expected to be very convenient for quickly and safely receiving online orders.
Friend
and Follow
212 Istanbul Power Outlet GLA:753 474 SF
ADDRESS: Mahmutbey Merkez Mah. Taşocağı Cad. No:5 Bağcılar  /  İstanbul
Turkey . Istanbul
212 Istanbul Power Outlet
Olympia Einkaufszentrum GLA:602 779 SF
ADDRESS: Hanauer Straße 68, 80993
Germany . Munich
Olympia Einkaufszentrum
Charlotte Premium Outlets GLA:400 000 SF
ADDRESS: 5404 New Fashion Way Suite 100, Charlotte, NC 28278
USA . Charlotte
Charlotte Premium Outlets
Queens Place GLA:440 000 SF
ADDRESS: 88-01 Queens Boulevard Elmhurst, NY 11373
USA . New York
Queens Place


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us