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The corporation filed for bankruptcy in 1989, and reorganized as Cardinal Realty Services, Inc., a real estate ownership and management company. Cardinal Realty Services, Inc. was listed on the New York Stock Exchange [CRSI] before merging with Equity Residential. [3] Ownership of many properties transferred to Equity Residential. Today many of ...
Washington Prime Group Inc. is an American real estate investment trust that invests in shopping centers. The company is organized in Indiana with its headquarters in Columbus, Ohio. [1] From January 2015 to September 2016, the company had the name WP Glimcher. On June 13, 2021, Washington Prime filed for Chapter 11 bankruptcy. [2]
Highpoint on Columbus Commons is a $50 million mixed-use development project in Columbus, Ohio consisting of both multi-family and retail space. Highpoint includes 301 apartments and townhomes, built with approximately 23,000 square feet of street-level retail fronting on High Street, the main north–south thoroughfare through Columbus, Ohio.
In January 2015, Macy's announced that the company was closing three Ohio stores, including the Kingsdale location, by the end of March. [5] The store closed in late March 2015, and the space was sold to Kroger. Kroger ultimately sold the property to Continental Real Estate, which plans to develop a multi-use project on the site. [37]
Throughout much of its history, the company's largest tenant was Kmart. [2] In 1998, the company acquired 5 shopping malls for $375 million. [3] In 1999, the company received a $1 billion investment from Nomura Holdings to build 4 shopping centers. [4] On January 26, 1994, the company became a public company via an initial public offering. [1]
The U.S. central bank has reduced its benchmark overnight interest rate by 100 basis points to the 4.25%-4.50% range. The policy rate was hiked by 5.25 percentage points in 2022 and 2023.
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The building is owned by Capitol Square Ltd., a real estate and development branch of the Wolfe family’s Dispatch Printing Co., the former owners of the Dispatch. [3] The site formerly housed the city's downtown YMCA, a Yost & Packard building; the Y moved to the Downtown YMCA building in 1923. [4]
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