Elm Creek Real Estate was already the owner of the shadow-anchor for Woodlake Crossing, a 159,703-square-foot retail power center previously occupied by Target, and it now takes full control of the center.
Perhaps the most important consideration is that these retailers are a hedge against impacts beyond landlord control including chain store consolidation, and those chains were already having difficulty, says David Greensfelder.
Heritage Auctions started with a clean slate in one location the size of three football fields that allows for worldwide customer service and is located at the intersection of two major highways near DFW Airport.