Not only does the plaza look great, but it offers retailers the incomparable benefit of built-in traffic, capturing the millions of shoppers who visit Bellis Fair Regional Mall every year.
Bellingham, Wash. (Vocus) October 28, 2009
Hackman Capital Partners, LLC (HCP), a private real estate investment firm, announced today the launch of an aggressive marketing campaign designed to bring tenants to Meridian Plaza, the newly renovated retail center, located adjacent to I-5, at the intersection of Telegraph Road and Meridian Street in Bellingham.
The plaza, owned by an HCP affiliate, has recently undergone major remodeling. The makeover, which totaled nearly a half million dollars, features a new brick and stucco façade, newly designed storefronts with canopies and fabric awnings, a newly resurfaced and restriped parking lot with wheel stops, sidewalks with new concrete benches, new monument signage, lighting, painting and other improvements.
"The marketing campaign features Meridian Plaza as the new face of retail in Bellingham's busiest shopping area," said Mike Schlesinger, Vice President of Asset Management for HCP. "Not only does the plaza look great, but it offers retailers the incomparable benefit of built-in traffic, capturing the millions of shoppers who visit Bellis Fair Regional Mall every year."
Bellis Fair Regional Mall is directly across the street from Meridian Plaza, and the only regional shopping center within a 25-mile radius of northwestern Washington and southwestern British Columbia. The mall's anchor stores include Macy’s, Target, JCPenney, Sears, and Kohl’s.
According to Schlesinger, Meridian Plaza's architectural transformation and prime location—in combination with exceptionally aggressive lease rates—create a compelling package for both national and local retailers.
The 32,000 square foot plaza offers 12 storefronts—six of which are already leased to national retailers, including Rent A Center, Red Wing Shoes and Maly's—and two free-standing restaurant sites, occupied by Burger King and Denny's Restaurant. Available spaces range from 1,347 to 6,724 square feet, with a total of 12,845 square feet available for lease. Visit http://www.MeridianPlazaBellingham.com for more information.
About Hackman Capital Partners
Hackman Capital Partners, LLC (HCP) is a private real estate investment firm specializing in the acquisition, management, redevelopment and adaptive reuse of industrial and commercial real estate. Founded in 1987, the company pursues value-added investment opportunities nationwide, and currently owns and manages more than 16 million square feet of real estate across the United States. Hackman Capital Partners is headquartered in Los Angeles, and has regional offices in Chicago, Columbus, Ohio, and Kalamazoo, Michigan.
For more information, visit, http://www.hackmancapital.com
For additional information or interviews related to this release, contact:
Hackman Capital Partners
310-473-8900, ext 150
For information about leasing space at Meridian Plaza or to arrange a tour, visit:
The Bedford Group, Inc.