The Company announced today the sale of Waianae Mall Shopping Center located on the island of Oahu for $30,100,000.
MORE>>The Company’s 21st acquisition, Lahaina Gateway, was purchased for approximately 50% of its 2008 construction cost.
MORE>>The Company’s Board determined an estimated value $10.60 as of November 9, 2012, up $0.20 from June 30.
MORE>>The property consists of eleven buildings totaling 170,275 rentable square feet and is the only retail center in a 10 mile radius.
MORE>>Sitting on 11.363 acres, the 136,683 square feet contemporary style neighborhood retail center was built in 2008.
MORE>>Investment banking veteran John B. Mayer II has joined the board of TNP Strategic Retail Trust
MORE>>This is the final parcel sale at Morningside Marketplace which was acquired by the company in January 2012.
MORE>>The 1.28 acre parcel SunTrust bank branch will be 4,905 sq. ft. under canopy, including four drive through lanes.
MORE>>The estimated $10.40 per share value is an increase from $10.18 as of March 31, 2012.
MORE>>TNP SRT’s independent board of directors has renewed the Company’s advisory agreement with its external advisor for one year.
MORE>>The 20 year veteran will assume the CFO role as of August 15, 2012.
MORE>>The 86,928-square-foot Class A office building is located in a submarket of Dayton, Ohio
MORE>>Visalia Marketplace, a 200,794-square-foot retail center located in Visalia, CA is the Company’s 20th acquisition
MORE>>Bloomingdale Hills, a nearly 13-acre retail center comprises approximately 78,500 square feet of rentable space is the Comapny’s 19th acquisition.
MORE>>Florissant Marketplace is a 146,257 square-foot retail center is 100 percent leased located in a St. Louis suburb.
MORE>>KeyBank National Association has increased the aggregate lending commitment from $35 million to $45 million, with a temporary increase to $60 million.
MORE>>Willow Run Shopping Center is a 95,791 square-foot retail that is currently 88 percent leased
MORE>>The sale of the Chase Bank and Chevron parcels was to a private real estate investor. Morningside Marketplace is a retail center located in the Inland Empire region of Southern California.
MORE>>Aurora Commons, is a 89,200-square-foot retail center in Aurora, Ohio, is the Company’s 16th acquisition.
MORE>>The company announced that it had completed the acquisition of the Shops at Turkey Creek, a 100% leased 16,300 square-foot retail center.
MORE>>Ensenada Square is a neighborhood, grocery-anchored shopping center renovated in 2005 and is approximately 93 percent leased.
MORE>>This is the company’s fourth pad sale since August 2011. The parcel was sold to a private investor and is located in Fontana, CA.
MORE>>Woodland West Marketplace in the Dallas/Ft. Worth metro area is TNPSRT’s 13th acquisition.
MORE>>The 87,793 rentable square foot property consists of eight buildings on seven parcels is the Company’s 12th Acquisition
MORE>>Built in 2001, the neighborhood, grocery-anchored shopping center is nearly 96 percent occupied by a mix of national and regional tenants
MORE>>TNP SRT has successfully completed $10 million in financing for the 197,739 square-foot Constitution Trail Centre in Normal, Illinois.
MORE>>The Jack in the Box(r) parcel is the third sale in the last few months.
MORE>>TNP SRT has acquired fee simple title to Constitution Trail Centre in Normal, Illinois. The Company previously acquired the mortgage notes secured by the property and on October 21, 2011 completed a consent foreclosure.
MORE>>TNP SRT has announced the acquisition of Osceola Village, a 116,645-square-foot retail center in Kissimmee, FL
MORE>>This is the second parcel sale at the retail center in North Las Vegas, Nevada.
MORE>>The Company completes its ninth acquisition of the premier Mainb Street retail center.
MORE>>The company announced today the sale of the Popeyes® parcel at Craig Promenade, a retail center in North Las Vegas, Nevada, to a private entity.
MORE>>BI-LO, a leading food retailer in the Southeast, has a long term lease in place through 2019 with options through 2039.
MORE>>The Company announced today the acquisition of the debt secured by Constitution Trail Centre at a substantial discount from the loan amount
MORE>>The $42.2 million mortgage notes are secured by Constitution Trail Centre, a 197,739 square foot multi-tenant retail center located in Normal, Illinois
MORE>>Kompaniez is co-founder of Apartment Investment and Management Company which operates a portfolio of 1,290 apartment communities in 47 states
MORE>>Pinehurst Square East is a 114,292 square foot multitenant retail center built in 2005 and located in Bismarck. The property is more than 90 percent leased.
MORE>>Today its board authorized the Company to pursue the acquisition of Pinehurst Square East in Bismarck, North Dakota, a 114,292 square foot multitenant retail center built in 2005
MORE>>TNP has announced that Phil Levin has joined its Board of Directors and was also appointed chair of the audit committee of SRT’s Board of Directors.
MORE>>The company announced today the acquisition of 109,250 square foot Craig Promenade, a retail center in North Las Vegas, Nevada.
MORE>>The industry veteran will be responsible for all finance and accounting matters for TNP and TNP Strategic Retail Trust
MORE>>The 109,250 square foot North Las Vegas Nevada property includes two raw land parcels that can be sold, ground leased or developed.
MORE>>The Company announced that it has enteredinto a secured revolving credit facility with KeyBank National Association
MORE>>TNP Strategic Retail Trust, Inc. announced today Moreno Valley Marketplace, a grocery anchored multitenant retail center, has two new retailers.
MORE>>TNP SRT Board have authorized the acquisition of the 56,473 square foot San Jacinto California multitennant retail center and adjacent land.
MORE>>Smith will be involved with internal and external financial reporting and statement functions, researching technical disclosure issues and working with external auditors.
MORE>>TNP Strategic Retail Trust announced today the acquisition of Northgate Plaza Shopping Center in Tucson, Arizona for approximately $8,050,000.
MORE>>Industry vereran Christopher Cameron has joined TNP as Chief Financial Officer of the TNP Strategic Retail Trust.
MORE>>TNP SRT has acquired Waianae Mall, a 92 percent occupied 170,275 sq. ft. multitenant retail center in Waianae, Hawaii for $25.7 million.
MORE>>TNP Strategic Retail Trust authorized the acquisition of Northgate Plaza Shopping Center in Tucson, Arizona for approximately $8,050,000.
MORE>>IRVINE, Calif., (May 17, 2010) – TNP Strategic Retail Trust, Inc. (the “Company”), a publicly offered, non-traded real estate investment trust that invests in grocery anchored, multitenant retail properties, announced today that its board of directors has authorized an increase in its monthly cash distribution from $0.05625 to $0.05833 per common share, contingent upon the [...]
MORE>>Lakeside Cleaners will be opening soon within TNP’s newly constructed, multi-tenant retail center, the Moreno Valley Marketplace.
MORE>>IRVINE, Calif., (November 19, 2009) – TNP Strategic Retail Trust, Inc. (the “Company”) announced that as of November 12, 2009, it had raised the minimum offering amount of $2,000,000 in shares of common stock in its initial public offering.
Subscriptions from the offering were initially placed in escrow until the minimum offering amount was raised. The [...]
IRVINE, Calif., (August 7, 2009) – Thompson National Properties, LLC, announced today that the Registration Statement relating to the initial public offering of TNP Strategic Retail Trust, Inc. has been declared effective by the U.S. Securities and Exchange Commission. TNP Strategic Retail Trust is offering up to $1 billion of its common stock in the [...]
MORE>>IRVINE, Calif., (February 17, 2010) – TNP Strategic Retail Trust, Inc. (the “Company”) announced today that its board of directors authorized the Company to pursue the acquisition of the Waianae Mall, a multi-tenant retail center, consisting of 11 buildings and approximately 170,275 square feet, located in Honolulu, Hawaii. An affiliate of Thompson National Properties, LLC, [...]
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