Chase Properties Acquires Grandville Marketplace in Omaha, Nebraska for USD 52.4m.
MANews-(C)2009-2021
Ohio, US-based shopping center owner and operator Chase Properties has acquired two shopping centers, Grandville Marketplace in Grandville, Michigan and Montclair on Center in Omaha, Nebraska, the company said.
The two acquisitions combined for a total purchase price of USD 52.4m.
Grandville Marketplace is a shopping center of approximately 209,000 square feet that is anchored by Hobby Lobby, Big Lots and PetSmart and is adjacent to a Lowe's Home Improvement.
Grandville is a growing area within the Grand Rapids, Michigan market. Other major retailers within close proximity to Grandville Marketplace are Costco, Target, Super Walmart and Meijer.
Montclair on Center is a shopping center of approximately 245,000 square feet that is anchored by Marshalls, HomeGoods and The Tile Shop.
Chase Properties is a full-service owner and operator of shopping centers located in 18 states throughout the Midwest, Southern and Eastern US The company was founded in 1973.
Currently, Chase Properties owns...
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