Login

Search

We have 4078 groups in 289 locations listed on this site! Knit on, everyone!

Latest Groups Added

1. Cartier Love Bracelet & Bangle
    Created: Apr 18, 2014
2. mens+new+balance+shoes | eBay
    Created: Apr 18, 2014
3. CSSS.NET Changes Name to Constellation West
    Created: Apr 18, 2014
4. Swatch Jumps as Outlook Boosts Optimism for China Demand
    Created: Apr 18, 2014
5. Swiss watchmaker Swatch isn’t afraid of the rise of smartwatches
    Created: Apr 18, 2014

Recently Updated Groups

1. New Castle, IN
    
2. Athens
    
3. Midland / Tri Cities / Mid-Michigan
    
4. Bedford
    
5. Colorado Springs
    

Stitch 'n Bitch Groups

Pigeon Forge outlet mall sells for $5.15 million | The Mountain Press

Group Name
180
Meeting Location
180
Address
180, New York, 180, 180, 180
Meeting Day
180
Meeting Time
180
Contact E-mail
Group Website
[b][url=http://www.nikeck.com/]Nike Air Max[/url][/b]
[b]Nike Factory Outlet[/b]
Nike Store
| nike cheap nike
| cheap nike shoes
Pigeon Forge outlet mall sells for $5.15 million
Oct. 19, 2013 @ 11:20 PM
JASON DAVIS

Login
At its height, Pigeon River Crossings, formerly known as Belz Factory Outlet Mall, was among Pigeon Forge's top draws for tourists.

PIGEON FORGE —
nike
A Pigeon Forge landmark has new owners.
football boots
It was announced Friday that Pigeon River Crossings, formerly known as Belz Factory Outlet Mall, has been sold to an unnamed Tennessee buyer.
nike outlet online
Colliers International, an international real estate firm based in Washington state, closed on a sale of the property Oct. 15.
Nike Store
Colliers represented Capmark Financial Group, the bank which had foreclosed on $25-million loan on the 390,248-square-foot shopping center in August 2011.
Nike Factory Outlet
The property sold this month to the Tennessee-based buyer for $5.15 million, or $13 per square foot.
Sports Shoes Outlet Shop
Calls to representatives of the buyer were not returned by press time.

The site was developed by the Belz family of Memphis in 1989.  Located at 2655 Teaster Lane, the shopping center’s current tenants include Nike Factory Outlet, Tuesday Morning, Burke’s Outlet, Burlington Brands, Dress Barn and Old Time Pottery.

"It is a landmark," Pigeon Forge City Manager Earlene Teaster said. "It's been here many, many years."

The mall, which has slipped to 50 percent occupancy during the economic downturn, was at one time a primary draw to Pigeon Forge.

"There was a time that retail shopping was the number-one draw for Pigeon Forge," Teaster said. "As we all know, since the economy has (declined), retail here in Pigeon Forge has gone downhill."

But, with the recent growth in the area around Teaster Lane, the purchasers saw the property as a good investment.

“The new owners saw this as a fantastic opportunity to participate in the continuing growth in Pigeon Forge and draw new tenants to this exciting and vibrant entertainment destination,” said Joe Montgomery, senior vice president of Colliers International’s Atlanta-based Southeast Retail Investment Sales Group.

"We're excited about this," Teaster said. "We have so many of our visitors asking for an indoor mall."

While the city manager said no new stores or improvements to the facility have been confirmed so far, she has a good feeling about the direction of the property.

"Having worked with this group the past few months, I think we'll see some very good stores (coming in), and it's going to be great for our local folks as well as our guests coming here.

"That whole area, Teaster Lane, is rapidly developing," the city manager said.

Earlier this month the nearby $45-million LeConte Center, the city's new convention center and showplace, opened to rave reviews.

That comes on the heels of the opening of The Island, another neighboring development that's sure to bring more tourists and activity to the area. 

"I think it's a very smart investment for these folks because of that (increasing development)," Teaster said. "And I think we'll see a lot more development in the area. 

"It's the best time (for investment and expansion) it's been in years," she said.
Nike Air Max
Nike Factory Outlet
Advertisement

 


 
 Introducing: Raging Wool
150x150ad.gif

 T-shirts and Gifts for the Fiber-Obsessed

www.ragingwool.com

Polls

Which are you?
 
Webdesign auf Usedom and Joomla