Alexander Haagen Properties announces major retail expansion program.MANHATTAN BEACH Manhattan Beach, city (1990 pop. 32,063), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1912. It is a residential and beach community with an oil refinery and nearby factories that produce transportation and electrical equipment, computers, and pottery. , Calif.--(BUSINESS WIRE)--March 15, 1995--In his chairman's letter to the shareholders dated March 15, 1995, Alexander Haagen announced an ambitious program of new construction totaling more than 400,000 square feet within the existing retail portfolio, a growth of 6.2 percent over Alexander Haagen Properties' existing portfolio of 6.45 million square feet. Haagen added, ``We are very excited to have such nationally recognized retail tenants as Virgin Megastore, Barnes & Noble, AMC Theatres This article or section has multiple issues: * Its tone or style may not be appropriate for Wikipedia. * It reads like an advertisement and needs to be rewritten in a neutral point of view. and CompUSA committed to our expansion programs at our Media City Center in Burbank, Calif.'' He stated he was especially gratified grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. that construction has now started at the Baldwin Hills Crenshaw Plaza Baldwin Hills Crenshaw Plaza (BHCP) opened in November 1947 in Los Angeles, California as the Broadway-Crenshaw Center with 550,000 square feet (51,000 m²) and 13 acres of parking. Shopping Center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into in Los Angeles on a new 56,900-square-foot multiplex cinema, a joint venture between Earvin ``Magic'' Johnson and Sony Retail Entertainment. ``This new cinema, which is scheduled to open in July 1995 is projected to bring over 1 million customers each year to the Baldwin Hills Crenshaw Plaza,'' Haagen said. This entertainment component completes the expansion phase of the shopping center. Alexander Haagen Properties Inc. (ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. :ACH), a fully integrated, self-managed real estate investment trust, is a leading developer, owner and manager of retail shopping centers, primarily in Southern California. The company now owns or controls 40 properties, including 16 community/neighborhood shopping centers, six ``power centers,'' three regional malls and 15 single-tenant centers. CONTACT: Alexander Haagen Properties Inc., Manhattan Beach Fred Bruning/Lorie Schkud, 310/546-4520 |
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