NEW TENANTS COMING TO VILLAGE GREEN SHOPPING CENTER; SAVE-A-LOT, THREE ADDITIONAL LEASES SIGNED
CenterMark Development LLC has signed leases accounting for over half of the gross leasable area of Village Green Shopping Center at 18235 Euclid Avenue. Save-a-Lot Food Stores will replace Aldi as the anchor. “I am pleased to have secured a long-term commitment from a national grocery store of this caliber [...]
CenterMark Development to Rehab Glenville Market Building for DEAL$
CLEVELAND, November 28, 2011 – CenterMark Development LLC has signed a lease with DEAL$ to occupy the 11,000-square foot, former Easttown Eagle Market building in the Glenville neighborhood of Cleveland. The building is located at 656 E. 105th Street. “I am pleased to have secured a long-term commitment from a [...]
CenterMark’s Jablonski Appointed by Mayor to Economic Development Committee
University Heights mayor announces members of economic development committee Published: Thursday, October 20, 2011 Ed Wittenberg, Sun News UNIVERSITY HEIGHTS — Mayor Susan Infeld has formed an economic development committee composed of 14 residents who have expertise in that area. At the Oct. 17 City Council meeting, Infeld said the [...]
CenterMark’s "Big Box" Makeover Highlighted as Success, Trend
Transformation of Collinwood big-box store highlights a trendPublished: Saturday, November 12, 2011By Michelle Jarboe McFee, The Plain Dealer CLEVELAND, Ohio — Where shoppers once rummaged for bargains, children will slip down a water slide or skid across the bamboo floor of a basketball court. This retail box turned recreation center [...]
CenterMark’s ‘The Shops at Garrett Square’ Featured Locally and Nationally
Long-vacant Tops supermarket box in Cleveland gets restocked with a Save-A-Lot, Forman Mills By Michelle Jarboe McFee, The Plain Dealer CLEVELAND, Ohio — Five years after Tops pulled out, the grocery store in Cleveland’s Glenville-Forest Hills neighborhood sits empty – yet another vacant box. That’s about to change, as real [...]
CenterMark Launches The Shops at Garrett Square
CLEVELAND, October 11, 2011 – CenterMark Development LLC has commenced the redevelopment of a 7-acre, 65,000 square-foot building which will anchor the first phase of a neighborhood revitalization plan envisioned by city officials seven years ago. Plans call for subsequent development of up to two more retail outlots targeting much-needed [...]
Success in Challenging Times
We are past the halfway point of the year. Summer is coming to an end and Autumn is on the horizon. What are we seeing and where is Centermark now? Retail, our specialty, thrives on rooftops and jobs. Unfortunately the current state of affairs is not good. Unemployment remains high [...]
Village Green: A Mixed-Use Success Story
In 2005 I purchased the Greenlite Shopping Center from Kimco Realty Trust. The 1960s-era shopping center was 30%+ vacant and in need of capital improvements and re-imaging. My plan was to transform this property into a mixed-use development that would cater to the market that evolved over its 40-year history. [...]
2011 Forecast — Think 1991
Since the fall of Lehman in September of 2008, there has been much financial and economic turmoil. However, very recently we have seen signs that a recovery may be upon us. True, the unemployment rate remains at levels not seen since the early 1980s. However, the shift of power in [...]
A Holiday Wish
CenterMark Development counts your fellowship among the many things to be thankful for this Thanksgiving season. We truly value our relationship with you and wish you happiness, health and prosperity throughout the holidays and beyond. Best,Mark