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Retail hub evolving in Fingerlakes.


The Atlanta office of HFF HFF Hochschule für Fernsehen und Film München (Germany)
HFF Heartland Film Festival
HFF Hardy Fern Foundation
HFF Half Forward Flank (football position)
HFF Horizontal Flute Factor
 (Holliday " Fenoglio Fowler, L.P.) has closed the sale of Fingerlakes Mall, a regional 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 Auburn, New York Auburn is a city in Cayuga County, New York, United States of America. As of the 2000 census, the city had a population of 28,574. It is the county seat of Cayuga CountyGR6. .

HFF managing director Chris Turner led the investment sales team exclusively on behalf of the seller, Gregory Greenfield & Associates, Ltd.

The sale to Fingerlakes Mall Acquisition, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, included three components, the 427,407 s/f enclosed mall, four approved outparcel sites totaling 5.22 acres and 56.66 acres of land with future development potential.

The mall is the only enclosed regional mall in the Interstate 90 corridor between Syracuse and Rochester. It is more than 90% occupied by anchor tenants Bass Pro Shops Bass Pro Shops is a privately held sporting goods and outdoor goods store headquartered in Springfield, Missouri. The original Outdoor World store, referred to as the "Grand Daddy" is located at the corner of Sunshine and Campbell in Springfield. , Sears, Steve and Barry's, JCPenney and Fingerlakes Theatre.

The mall underwent more than $1 million in renovations in 2004, which, combined with the addition of the Bass Pro store and the expansion of Sears, created a substantial spike in leasing momentum. "Greenfield and his partners' areas of expertise are in purchasing, financing and enhancing mall properties, which is exactly what they did with Fingerlakes Mall," said Turner.

"The mall scored big when it landed New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 State's first and only Bass Pro Shops Outdoor World store, a destination retailer revered by outdoor sportsmen, which has created a draw throughout the region for the center."

"Property enhancements, the mall's successful repositioning and the potential for further value enhancement though the outparcel sites and 56-acre land development opportunities created a great deal of interest from an investment standpoint," Turner added.

"The mall has the opportunity to become the centerpiece of an evolving retail hub whose success has been the catalyst for a plethora of recent development in the area."

Gregory Greenfield & Associates, Ltd. is a real estate investment and development company based in Atlanta, Georgia.
COPYRIGHT 2006 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Real Estate Weekly
Date:Nov 29, 2006
Words:292
Previous Article:Value retail sector continues to surprise and impress.
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