The development partnership of NLD of Hardin, LLC (a development arm of COMVEST Properties, LLC) sold a 25,860 SF Shopko Hometown located in Hardin, Montana. Jeff Rowlett, Net Lease Property Advisors of Marcus & Millichap, represented the partnership in the transaction.
The new construction was a relocation by Shopko Hometown within Hardin and increased the retailer’s footprint by over 10,000 SF.
Watch a one minute time-lapse video of the three month construction project:
Biloxi, Mississippi – COMVEST is proud to announce finalized lease negotiations that will bring this leading pet specialty retailer to in Shoppes at Popps Ferry with a 12,500 SF location. Construction at the shopping center will begin soon, with turn-over to Petco anticipated for February 2016. Petco (http://www.petco.com/) has more than 1,200 locations across the U.S., Mexico, and Puerto Rico and is celebrating 50 years of service to pet parents this year.
Petco has been in the headlines this lately hiring Goldman Sachs, announcing key leadership changes, and planning a return to public markets. Read more about the exciting things happening with the latest addition to our retail family.
Petco hires Goldman Sachs for sale or IPO-sources ow.ly/3y5rpw
Changes at Petco as company names new president ow.ly/3y5NCD
Pascagoula, Mississippi – The development partnership of NLD of Pascagoula, LLC recently sold a 20,100 SF Office Depot located in Chico Crossing Plaza for $1.9 million. Doug Molyneaux of COMVEST Properties, LLC represented the development partnership in the transaction. The buyer was represented by Sean O’Shea, BRC Advisors, Inc, of Los Angeles, CA.
Hardin, Montana – COMVEST recently completed build to suit construction for Shopko Hometown (http://www.shopkohometown.com/) in the Big Sky Country. The 25,860 SF building is a relocation of their current store and increases their space by over 10,000 SF.
Watch three months of construction in under one minute.
Funding for the project has been provided by Wells Fargo. The property is listed for sale by Jeff Rowlett of Marcus &Millichap Real Estate Investment Services.
Three additional Shopko Hometown assignments are currently in our development pipeline.
Gulfport, Mississippi (July 30, 2015) – Shoe Show opened this week to complete the tenant line up in the main building of Centre at Courthouse. The footwear retailer occupies Suite 300’s 4,500 SF and carries handbags and accessories as well as women’s, men’s and children’s shoes, boots and sandals. Shoe Show joins co-tenants Citi Trends and Dollar Tree in providing quality merchandise at a great value to the 35,000 SF neighborhood center’s shoppers.
Centre at Courthouse’s out parcel is anchored by Smoothie King. A 1,292 SK vanilla box is available in the out parcel. For leasing information contact Alan Weaver, with NAI Sawyer, 228-217-4677.