About 100 attended the presentation held in the vacant Carson's anchor space
, which was scooped up by the Dallas-based company when it unexpectedly became available.
Space availability for new tenant's ranges from 1,328 square feet up to a contiguous 40,604-square-foot anchor space
. Multiple spaces are available for immediate lease, with many possible applications for tenants.
announced that Asian Food Markets, a chain of grocery stores focusing on East Asian packaged, fresh and prepared food, signed a lease for a 43,152 s/f anchor space
at Plainsboro Plaza Shopping Center in Plainsboro, N.J., which is owned by Onyx Equities.
Where the owner of a retail shopping plaza has challenged the city of Worcester's assessments of the property for fiscal years 2014, 2015 and 2016, the assessments at issue were based on overvaluations of the vacant anchor space
and the supermarket anchor space
, so abatements are warranted in the amounts of $80,423.14 for 2014, $126,174.34 for 2015 and $100,444.88 for 2016.
A separate permit valued at $1,466,500 is also under review for selective demolition of the west anchor space
, including removal of the existing third story, clerestory lantern structure and roof structure.
Chicago-based Brookfield Properties Retail Group, which manages the store, declined to comment on the announcement or future plans for Sear's anchor space
The loan has been flagged due to vacant anchor space
; property performance and Fitch's loss expectations have been relatively unchanged over the past 12 months.
"The property not being able to fill the anchor space
is a sign of longer term trouble," Jellinek said.
Though on a national scale more than 95.3 million square feet of anchor space
faces potential vacancy, there is a large number of big-box retailers seeking to occupy vacant space.
Maclay leased 34,000 square feet of anchor space
in the shopping center to Jumping World, a family-friendly trampoline and entertainment park, and an additional 1,000 square feet of premiere space to SZ Studio Fitness for Zumba, yoga, and fitness classes.
Sportsman's Warehouse, a Utah-based retailer carrying hunting, fishing, camping and other outdoor gear, is taking over the 49,000-square-foot anchor space
that had been occupied by Sears.