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SimonCRE Purchases Two Retail Buildings Leased by Hertz & Dollar General

SCOTTSDALE, AZ – Commercial real estate developer SimonCRE has purchased two existing commercial retail buildings with signed leases with national and international Hertz Rent-A-Car and Dollar General. The site for Hertz Rental Car facility is located at 949 W. Camelback Road in Phoenix, Arizona, just west of 7th Avenue on Camelback Road.  There has been […]

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Dollar General Plans to pursue “Lifecycle Remodeling”

Dollar General Corporation of Goodlettsville, Tenn., plans to pursue a “lifecycle remodeling” program for its smallest stores rather than relocating them, Rick Dreiling, chariman and CEO, told investors last week during an earnings call. The stores in the lifecycle program run between 5,700 square feet and 6,500 square-feet — “stores that are undersized by our

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