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A commercial leasing agreement is also called a commercial property, commercial real estate, business, industrial, and office space lease. [1] The individual in ownership of the property to be rented is called the lessor or landlord. [2] The lessee or tenant uses and rents the property owned by the lessor and provides them with monetary ...
Due to the speculative nature of large scale real estate developments, mega-mixed-use projects often fall short on meeting equity and affordability goals. High-end residential, upscale retail, and Class A office spaces appealing to high-profile tenants are often prioritized due to their speculative potential. [16]
Westport Plaza is a 42-acre (170,000 m 2), commercial development, resort, and entertainment center [1] located in Maryland Heights, Missouri. Westport was built by a prominent St. Louis developer, Thomas J. White, [ 2 ] and opened in 1973. [ 3 ]
According to Real Capital Analytics, a New York real estate research firm, more than $160 billion of commercial properties in the United States are now in default, foreclosure, or bankruptcy. In 2024, office leasing volume rose to its highest level since 2020, but roughly 60% of active office leases went into effect prior to the pandemic. [ 5 ]
The application to the City of Fairview Heights for a special use permit states that the new store will employ 15-20 full and part-time staff. Beamguard said they will hire up to 20 people ...
Crescent Heights, Inc, is an American real estate development company based in Miami, Florida, with offices in Chicago, New York, Los Angeles and San Francisco. The firm specializes in the development of residential and mixed-use properties, office buildings and hotels.
Hollywood Casino St. Louis is a casino in Maryland Heights, Missouri, a suburb of St. Louis. It is owned by Gaming and Leisure Properties and operated by Penn Entertainment . The casino has 120,000 sq ft (11,000 m 2 ) of gaming space, with 2,180 slot machines and 91 table games.
The 28,000-square-foot (2,600 m 2) Giant Food store opened at the $10 million shopping center on 36 acres (150,000 m 2) with 250,000 square feet (23,000 m 2) of store space, on September 16, 1957. [1] At the time it opened it was the largest and most expensive shopping center in the Washington, D.C., area. [2]
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