PINE BLUFF, AR–AlbaneseCormier Holdings, LLC is pleased to announce the acquisition of Jefferson Square, a 316,000 square foot commercial shopping center located approximately 38 miles from Little Rock. This property marks the holding company’s sixth acquisition in Arkansas since 2005.
Jefferson Square, conveniently located near Interstate 530 and the Central Business District, is anchored by several national retailers, including Tuesday Morning, Family Dollar, Aaron’s, Citi Trends and Shoe Show. Other retailers include Cricket Wireless, McDonald’s and Rent-A-Center. The property sits atop a large 30 acre parcel and also features outparcel opportunities. Jefferson Square contains five single-story, in-line, retail buildings and four free-standing buildings. Easily accessible, Jefferson Square has over a dozen points of access along Main Street and Olive Street.
“Jefferson Square offers enormous possibilities in respect to leasing and development,” commented Mike Albanese, managing partner. “We were attracted to the property because of the strength of its location and its diverse tenant mix.”
About AlbaneseCormier Holdings
AlbaneseCormier Holdings is a commercial real estate development company currently holding over 2 million square feet of strategically placed assets throughout Texas, Louisiana, Mississippi, Colorado, Arkansas, Nevada, Missouri, Tennessee and Kentucky. For more information on this new development or on any other property within the ACH portfolio, please visit www.albanesecormier.com or contact the main office at (409) 892-0200.
