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Arlen Realty and Development Corporation, a predecessor of CBL & Associates Properties, announced Sarasota Square Mall in 1976.The mall was planned to be anchored by Maas Brothers and JCPenney, the latter of which would relocate from nearby Southgate Shopping Plaza (which was an outdoor strip mall at the time). [2]
A sale-and-leaseback is typically a commercial real estate transaction in which one party, often a corporation, sells its corporate real estate assets to another party, such as an institutional investor, or a real estate investment trust , and then leases the property back at a rental rate and lease term that is acceptable to the new investor ...
The McDonald's brothers opened their first McDonald's restaurant on May 15, 1940 in San Bernardino, California. Originally, a carhop drive-in system was used to serve customers. The initial menu items were centered around barbecue and the first name the brothers used for their business was "McDonald's Famous Barbecue."
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Granted a ground lease (the term may vary by agency or project), the developer is able to make improvements to the property which can be leased at market rents to any interested tenants. Under EUL, the U.S. government retains control over the leased property, the EUL developer (lessee) retains a lease interest only.
Crossings at Siesta Key (formerly known as South Gate Shopping Plaza, Southgate Plaza, Westfield Southgate, and Westfield Siesta Key) is a shopping mall in Sarasota, Florida that opened in 1956. The mall is anchored by Macy's, LA Fitness, and Cinebistro
The World's Largest Entertainment McDonald's, also known as Epic McD, and formerly known as Mickey D's, [1] is a McDonald's restaurant which opened in 1976 in Orlando, Florida. The restaurant has a floor area of 19,000 square feet (1,800 m 2), making it the largest McDonald's in the world by square footage. It offers menus with options that are ...
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