Tags Retail
Project Detail
The construction of this property was completed in 2010 and is the expansion of what is now known as Price Plaza South. Price Plaza North is occupied by 21 tenants in the entertainment, food, clothing and specialty retail sectors.
A parking garage has been constructed that added approximately 150 additional car park spaces as well as a 27,650 sq. ft. retail leasable space.
Unlike Price Plaza South which caters for many smaller retail clients, Price Plaza North is geared towards large anchor tenants who account for 60% of the rentable space. The average lease terms for such tenants range between nine and ten years with rent escalations of between 12% and 15% every three years.