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Renovations are scheduled to happen in May, including parking lot upgrades, adding outside LED lighting and freshening up the exterior look of the structures. New tenants are expected to move in while improvements are made before August.
CEO Ramy Eidi said the property is in a favorable location. The same property was sold in September, less than a year ago, for $4.6 million.
“Creating exciting opportunities for the tenants within the plaza and the surrounding neighborhood as well as bringing in the right tenant mix will only elevate th plaza’s potential. This property has all of the elements that retailers desire, from great visibility, ease of access to abundant parking.”
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