HIXSON, Tenn. — Modifications are coming quickly to the Northgate Crossing Buying Heart in Hixson, which is now underneath new administration.
City Story Ventures introduced on Tuesday it has expanded its retail portfolio with the acquisition of the buying plaza.
The Southeast actual property improvement group says it’s specializing in retail as a robust sector within the native market and plans to proceed its progress by way of buying heart acquisitions.
With all of the residential progress, we’re shopping for extra retail facilities in hotspots like Hixson and East Ridge,” stated Jimmy White, president and managing accomplice of City Story Ventures. “Opposite to considerations raised with nationwide headlines asserting main retailers closing their doorways, we’re seeing a powerful wave of retailer curiosity in increasing in and relocating to our market.
Northgate Crossing Buying Heart, positioned at 1966 Northpoint Boulevard, spans 4.03 acres and encompasses a totally leased multi-tenant constructing with 49,000 sq. ft of retail area.
The middle is anchored by Goodwill Industries, Inc.
City Story Ventures additionally owns, leases, and manages different retail property, together with a redeveloped former grocery store-anchored retail hub at 6210 Hixson Pike.
The corporate says it’s at the moment engaged on redeveloping “Tennessee’s First Buying Heart” in East Ridge, Tennessee, which incorporates a number of buildings throughout 13 acres on either side of Ringgold Street.
