The Avenue Murfreesboro
GLA[4] | |
| Public transit access | West Side Loop, Murfreesboro Rover |
|---|---|
| Website | Official website |
The Avenue Murfreesboro is an open-air regional
Construction of The Avenue began in July 2006,[5] and the first phase of development opened on October 17, 2007, with 660,000 square feet (61,000 m2) of retail space available.[1] A second phase completed the center with a total of 811,000 square feet (75,300 m2) at US$140 million.[2][4]
The Avenue was jointly developed and operated by Cousins Properties and Faison Enterprises; however, in August 2013 The Avenue was sold to Houston-based Hines Global REIT Inc. for US$163 million.[3] This was a record price for an open-air, non-mall in Tennessee.[3]
As of June 30, 2013, eighty-five percent of the space had been leased.[6]
See also
References
- ^ a b c Pardy, Sasha M. (October 24, 2007). "Cousins and Faison Celebrated Grand Opening of The Avenue Murfreesboro Last Week". CoStar. Retrieved August 5, 2016.
- ^ a b Edgemon, Erin (October 14, 2007). "40 retailers open at The Avenue Murfreesboro". Murfreesboro Post. Retrieved August 5, 2016.
- ^ a b c Williams, Lance (August 13, 2013). "Texas-based Hines Global buys The Avenue Murfreesboro for $163 million". The Tennessean. Archived from the original on August 15, 2013.
- ^ a b "Medical Center Parkway & I-24". LoopNet. February 1, 2012. Retrieved August 5, 2016.
- ^ "New retailers line up at The Avenue Murfreesboro". Nashville Business Journal. May 18, 2007. Retrieved August 5, 2016.
- ^ Ward, Getahn (August 7, 2013). "The Avenue Murfreesboro up for sale". The Tennessean. Archived from the original on August 17, 2013. Alt URL
External links
35°51′30″N 86°26′43″W / 35.8584°N 86.4452°W
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