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Pyramid Management Group, one of the largest privately-held shopping center developers in the Northeast, has successfully secured a three-year extension for the loan on Sangertown Square in New Hartford, the group announced in a statement.
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Pyramid Management officials say this extension will allow the group to continue to reinvest in the property and ensure its sustained success in Central New York and the Mohawk Valley.
“Sangertown Square has long been a strong performing center. Pyramid’s dedication to innovation and enhancing the guest experience, enabled us to successfully extend the loan on the shopping center,” said Pyramid Management CEO Stephen Congel in a statement.
“We are excited to build on this success in the years ahead and remain committed to ensuring the vitality, vibrancy, and dominance of Sangertown Square. We have great plans for the center and look forward to executing them.”
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Sangertown Square is the only enclosed shopping center within a 50-mile radius and serves a growing technology driven economy in the Mohawk Valley region. Anchored by Boscov’s, Dick’s Sporting Goods, Target and Home Goods, Sangertown Square offers over 50 retail and entertainment venues including DSW, H&M, PiNZ, Billy Beez, Victoria’s Secret and coming soon, Fun Hub Action Park.
Sangertown Square is a significant employment driver in the region, with 1,090 people employed by Pyramid and its tenants.
Nguồn: https://marketeconomy.monster
Danh mục: News