Increased retail closings or lease defaults have spurred repositioning efforts and marketing creativity on the part of some building owners. A former PetCo store at 5720 N. Academy Blvd in the Berkshire Center, for example, was purchased during 1993 by a Pebble Beach, Calif., investor for $775,000. The pet supply company’s 12,558-square-foot lease ran out […]
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