Crossings Center’s Annual Blood Drive

Norcross, GA - Tenants and the local community are invited to come to Crossings Center on Peachtree Parkway to give “The Gift of Life” on Friday, October 19^th from 11:00am to 5:00pm. Crossings Center has teamed up with LifeSouth and the Bloodmobile to host .

All donors will receive a free Bleed for Your Team T-shirt representing either the Georgia Bulldogs or the Georgia Tech Yellow Jackets.

 

Please visit www.crossingscenter.net for more information on the property.     

 

Getting Deals Done in Spalding Exchange Office Park in Norcross, GA

Norcross, GA - August 14, 2012 -
Cole Dermatology, Physiotherapy Associates, Smiles for Kids Pediatric Dentistry and Discover Media are among the recent deals at SugarOak Properties’ Spalding Exchange Office Park in Norcross, pushing occupancy from 40% (when SugarOak acquired the eight-building project eight months ago) to 60% leased.

 

About SugarOak

SugarOak is a full service real estate company offering investment, management, and construction services across multiple property types. Headquartered in Herndon, Virginia, SugarOak has ownership interests and management portfolios across the US and Canada.

 

Casa Mexico, Lynn’s Furniture and Jewlz at Peach Shops at Byron

BYRON, GEORGIA – August 17, 2012 – Casa Mexico, a family owned and operated restaurant, has renewed their 2,400 square foot lease for another five years - giving their vote of confidence to the SugarOak management team at Peach Shops at Byron.  At Casa Mexico, you will enjoy a wide range of mouth watering Mexican dishes, with generous portions and a friendly staff.

 

Lynn’s Furniture is another family owned business, and new to Peach Shops at Byron having signed a one year lease for 3,520 square feet.  “We have everything you need to turn your house into a home, at great low prices everyday.”  Check Lynn’s Furniture out for items such as children’s high chairs, full bedroom suites, living room ensembles, hall trees and more. 

 

Jewlz, a discount jewelry and accessories store, has signed a three year lease for 3,840 square feet.  Come see Jewlz for designer-like accessories at reasonable prices.

 

About SugarOak

SugarOak is a full service real estate company offering investment, management, and construction services across multiple property types. Headquartered in Herndon, Virginia, SugarOak has ownership interests and management portfolios across the US and Canada.

Good Growth - Garden and other projects under way at Holland Town Center

Good things are growing in the Holland Town Center.

At the center of the plaza at 12330 James St., local nonprofit group Eighth Day Farm is cultivating 1.3 acres of asphalt into an urban garden. The group hopes to see a produce stand go up in July or August, where consumers can buy vegetables.

The thriving farm is a metaphor for the liveliness that developers hope the once-struggling mall will embody.

And it’s just one face of a visible transformation that the property is undergoing in the hands of the Virginia-based SugarOak Management, a property development firm. A major tenant, an independent Planet Fitness franchise, opens this week in 22,000 square feet of space. Harvest Antiques and Collectibles and Home Decor, a tenant at the center for 16 years, is moving to a more desirable location.

The Holland Town Center is in the third year of a roughly five-year turnaround plan, according to Town Center spokesman Drew Durham. The signs of progress are easy to see.

From pavement to vegetables

“We’re growing a variety of things,” said Jeff Roessing, farm manager and sole full-time employee of Eighth Day Farm. Besides a small number of strawberries, “it’s pretty much all annual vegetables, with a few herbs.”

Roessing said that the Holland Town Center requested the partnership and paid for most of the materials needed to - in reverse of the familiar song - produce a gardener’s paradise where someone else had already put up a parking lot. Eighth Day Farm, which farms at a total of three sites in the Holland area, is now seeking to further develop the Town Center farm. The farm is seeking to raise $16,000 in donations through the social media funding website kickstarter.com.

Originally called the Holland Outlet Center, the property was purchased in July 2009 for $2.8 million by SugarOak Management, according to Holland Township records.

The owner will have invested an additional $2.75 million in the property by the end of 2012, according to Durham. Besides the cost of carrying the property, the money was spent on improvements to the buildings and site and tenant improvements.

Mixed-use projects

“It’s a big job remodeling and improving over 200,000 square feet,” Durham said. A new access road built in 2010 provided closer access to shops on the west side of the open-air mall. The company also has begun rebuilding the building facades throughout the mall. One is finished and another is being completed.

The new owners’ vision is for a mixed-use property, and they’ve attracted a spectrum of tenants. Lakeshore Electric Cars and Golf Carts and Cassidy Rae Studio, a hair salon, rank among the most recent tenants, Durham said. Existing tenants like West Michigan Flooring and Harvest Antiques & Collectibles & Home Decor are relocating or expanding.

Harvest Antiques is preparing to move to a better location, after operating as an antique mall for 16 years in the Holland Town Center.

In the past, they had to compensate for an out-of-the-way location by advertising campaigns, said manager Dave Rosenberger.

“We’ve done fine and we’ve made it through the bad times, but this should be a shot in the arm,” he said. The new location by the Center’s pond, visible from restaurants, is highly desirable.

“For pretty much the first time in eight years, we’re going to have walk-by traffic,” Rosenberger said.

About Holland Town Center

If you would like more information about Holland Town Center, please contact Drew Durham at 616 566-2039or go to www.hollandtowncenter.com

About SugarOak

SugarOak is a full service real estate company offering investment, management, and construction services across multiple property types. Headquartered in Herndon, Virginia, SugarOak has ownership interests and management portfolios across the US and Canada.

Planet Fitness named as major tenant at Holland Town Center

Holland - Holland Township’s historically under-occupied Holland Town Center today announced a major incoming tenant.

An independent Planet Fitness franchisee is finishing construction for a 22,000 sf fitness center in the Holland Town Center, 12330 James St., Holland MI

“We are trying to reach a broad population in Holland, from college students to mature adults who have never used a gym,” the franchisee wrote in a statement attributed to Russel Lewis, general manager of the Holland location. “Many of our members have been away from a health club or are somewhat put off by the traditional definition of a gym.”

The New Hampshire-based Planet Fitness franchise has more than 500 locations nationwide. The co-ed clubs, which are open and staffed 24 hours a day, seven days a week, are marketed as non-intimidating workout environments.

Originally an outlet mall called the Holland Outlet Center, the property was purchased in July 2009 for $2.8 million by the Virginia-based SugarOak Management, a property development firm, according to Holland Township records.

The property’s retail slots were less than 50 percent occupied in 2009, said Holland Town Center spokesman Drew Durham. Today, he said, occupancy is about 65 percent.

“They’ve invested quite a bit of money to upgrade that,” Durham said. “They purchased it extremely cheaply.”

A new access road built in 2010 provided closer access to shops on the west side of the open-air mall. The company also has begun re-building the shop facades throughout the mall, Durham said.

The vision is to create a “user-friendly, mixed-use” development with a variety of service, retail and office tenants,” he said.

Two of the original factory outlet tenants, GAP and Carter’s Children’s Wear, still are in the development.

Planet Fitness has opened a small office on site to pre-sell memberships, which start at $10 a month.

When construction is finished, the tenant will occupy the building on the southwest side of the center. A grand opening event is being planned for early July.

About SugarOak  -

SugarOak is a full service real estate company offering investment, management, and construction services across multiple property types. Headquartered in Herndon, Virginia, SugarOak has ownership interests and management portfolios across the US and Canada.

Super Shoes Opens In Old Courthouse Square Shopping Center, Martinsburg WV

DONE DEALS: GEORGIAN PLACE SIGNS NEW LEASES

Somerset, Pennsylvania – January 11, 2012 – Georgian Place Shopping & Office Village is pleased to announce they have signed a wide variety of new deals to ring in the New Year on a positive note. “The fourth quarter had strong activity, involving over 30,000 SF of space, which so far generated over 15,000 square feet of leases and purchase agreements, said Tonya Spangler, Vice President of Leasing and Sales for the center. “We are pleased to be working on details to solidify the remaining deals.”

The new leases are a mix of office and specialty retail, which continues to follow the strategic direction set forth by the owners of Georgian Place. Among the signed deals are, Fastenal, opening in February in Suite 403, Penn Highlands College Somerset Center, opening this month in Suite 315, Insurance Services, now open in suite 405, The Sewing Box Quilt Shop, now open in suite 311, and So Let’s Sew, opening later this month in suite 307. The Sewing Box Quilt Shop carries high quality cotton fabric for quilting, craft, and sewing projects, among other related accessories and gifts. So Let’s Sew will be the area’s Viking sewing machine dealer and both stores will conduct a variety of classes and work together to offer the best in sewing expertise and supplies in the entire region. Insurance Services, under the management of Mary Seng, will offer Somerset additional insurance choices. Fastenal will move their retail store in February, expanding the inventory to accommodate their customer base, while Penn Highlands is very excited to be able to offer a brand new space and amenities for their students. “This move is precipitated by our growth in Somerset County, said Pennsylvania Highlands Community College President Dr. Walter Asonevich. “This move will increase our number of classrooms from 2 to 3 and will also provide improved parking for our students.” Penn Highlands will seek additional location approval from Middle States Commission on Higher Education which will allow the College to offer degree completion at its’ Somerset site.

While new businesses were moving in, two existing specialty retailers expanded at the center. Pages & Light Used Books expanded to suite 314 to provide room for greeting cards, jewelry and gifts, and It’s New To You quality consignments moved to suite 415 and will expand the business to include even more items, including women’s clothing and accessories. In addition, a purchase contract was executed for the sale of an additional business condominium space to Michael Boyer, for the expansion of Boyer Financial Planning; and another condominium purchase agreement for a 5,000 square feet unit is planned to close in the first quarter. Also, formal letters of intent have been issued to “lease up” an additional 10,000 SF. This new activity will bring the facility to over 85% occupied.

“The center brings together many of the best businesses in the area, all in one convenient place, said Spangler. “It has been really exciting to see it evolve in the way we had planned.”

About Georgian Place:

In 2005 SugarOak Properties converted the 182,000 square feet former Outlet Center at Georgian Place into a full-service business condominium -- providing office, retail, medical and service users with an opportunity to purchase or lease ready-to-use space at below market prices.

The new retail and office Tenants join Precision Fitness, Famous Footwear Outlet, blubaughsmusic.com, Cottage Pine Antiques, Broken Spoke Mercantile, Interim Healthcare, Vitamin World, Springleaf Financial, Laurel Arts Education and Dance Center, Pediatric Care Specialists, & Family Behavioral Resources, to name some of the over 35 shops and businesses at Georgian Place.

About SugarOak:

SugarOak is a full service real estate company offering investment, management, and construction services across multiple property types. Headquartered in Herndon, Virginia, SugarOak has ownership interests and management portfolios across the US and Canada.