Deutsche unit picks Crosland for local management contract

By Geert De Lombaerde Posted on October 22, 2009 at 3:12 pm

RREEF, a real estate investment subsidiary of Deutsche Bank, has offloaded the management of more than 11 million square feet of property from New England to Texas to five firms, one of which is Crosland. A spokeswoman says the firm will take over the day-to-day running of Providence Marketplace, the $75 million shopping center it developed with Carolina Holdings before selling a majority stake to RREEF in 2007. Crosland, which also built the Terrazzo tower in The Gulch, will manage three sites in the Carolinas as well.

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Tags: Carolina Holdings Inc., commercial real estate, Crosland LLC, Deutsche Bank, Mt. Juliet, property management, retail real estate, RREEF, Wilson County  

Mt. Juliet shopping center signs three

By Kyle Swenson Posted on August 20, 2009 at 9:47 am

Developer Crosland has signed on a handful new tenants to its Providence MarketPlace retail center in Mt. Juliet. The company announced yesterday three new tenants will take up a combined 7,426-square-feet of the 830,000-square-foot center.

Trendy national clothing retailer rue21 — which bills itself as offering prices 25 to 50 percent below the competition — will take up 4,210 square feet of space. Body Shop Fitness, a specialized personal training facility, has signed on for a 1,842-square-foot space. The gym plans to open its doors in May. Later this month, Cori’s DogHouse, a restaurant serving hot dogs and sausages, will open in a 1,374-square-foot-space.

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Tags: commercial real estate, Crosland LLC, Mt. Juliet, retail, retail real estate  

FirstBank set for Wilson entry

By Geert De Lombaerde Posted on December 2, 2008 at 10:00 pm

FirstBank will this month open its first office in Wilson County in Mt. Juliet space formerly occupied by a skate center.

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Tags: banking, FirstBank, Mt. Juliet