In this article, you will get all information regarding Bridge Street Town Center Under New Management – RAJACREATOR
HUNTSVILLE, Ala. (Rajacreator.com) – A new management firm is in place at Bridge Street Town Center.
Thursday, Centennial, an actual property funding agency based mostly in Dallas, introduced that it had acquired Birmingham’s Bayer Properties, which beforehand managed Huntsville’s open-air mall and dealt with leasing.
Under the phrases of the acquisition, the mixed firm will take the Centennial title and retain Centennial’s Dallas headquarters. Bayer’s headquarters in Birmingham will turn out to be a regional workplace for the mixed firm.
Our two corporations share the same imaginative and prescient for the way forward for retail actual property that may permit the mixed agency to supply a wealth of options to difficult retail tasks for our shoppers and companions. Each of our organizations additionally share related ‘people-first’ company cultures, one thing which was obvious from our first discovery assembly and a important issue for each corporations in deciding to maneuver ahead. Combining our two companies provides us a stronger platform at a wonderful time to capitalize on market progress.
Jami Wadkins, Bayer Properties President and Chief Finanical Officer
Prior to the acquisition, Centennial owned/operated 15 million sq. ft of property throughout 11 states. The addition of Bayer’s portfolio brings that whole to 23 million sq. ft of owned/operated property throughout 18 states and a mixed employees of 300 workers.
Additional regional workplaces shall be in Chicago; Philadelphia; Orange County, California; and Lexington, Kentucky.
Bayer has been an proprietor, operator and developer of open-air retail house for nearly three many years; its merchandising, placemaking, design and attention-to-detail are distinctive, and its employees of seasoned professionals shall be an unimaginable addition to Centennial’s skilled group and platform.
Centennial President Whitney Livingston
A spokesperson for Bridge Street confirmed to News 19 that Miller Capital Advisory, Inc. retained possession of the mall. As a consequence, no main modifications are anticipated on the open-air mall other than the management change.
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Bridge Street Town Center Under New Management – RAJACREATOR
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