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The Avenue


edb2n

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Looks like both Dress Barn and Kirkland's are leaving the Target Shopping Center for The Avenue. I'd really like to see the Target plaza revamped with shuffling of retailers to accomodate a Target expansion into SuperTarget and Home Goods added to TJ Maxx.

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This is from the Nashville Business Journal

http://www.bizjournals.com/nashville/stori...ml?ana=from_rss

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Cousins Properties Inc. and Faison Enterprises says they have seven new leases at The Avenue Murfreesboro, an 810,000-square-foot open-air retail center.

The retailers include American Eagle Outfitters, Old Navy, Haverty's, Hollister, Massage Envy, Newk's Caf� Express and Jared Jewelers.

The Avenue Murfreesboro's 660,000-square-foot first phase is 80 percent committed, Cousins and Faison officials say.

Old Navy and Haverty's are the first retailers to commit to two under-construction expansions, totaling 19,000 square feet and 30,400 square feet, respectively.

The center will be home to more than 110 retailers and restaurants.

Cousins and Faison say that Linens 'N Things, Cost Plus World Market, Hollister and American Eagle Outfitters will open at The Avenue Murfreesboro in the second quarter of 2008.

A full list of retailer commitments at the center can be found at www.theavenuealist.com.

The Avenue Murfreesboro is the centerpiece of 400 acres of commercial development along Medical Center Parkway.

Projects in the area are slated to include retail, office, hotel, convention center and public spaces.

Faison Enterprises Inc. of Charlotte, N.C. is a privately-held development company with interests in retail, commercial and residential project development, management and acquisitions services. The company says it has $1 billion in projects, including $600 million of new projects under development.

Cousins Properties Inc. (NYSE: CUZ) of Atlanta works in development, acquisition, financing, management and leasing of properties. Cousins is a fully integrated equity real estate investment trust.

What is going on in the area on land accorss form the Avenue mall on Medical Center pkwy in Murfreesboro? It has been leveled and clear in preparation for something?

James Opendra

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