Centre Court Plaza is a 65,000 square foot retail center that was developed and sold by Halsey Thrasher Harpole Real Estate Group.
The plaza speaks to the very heart of one of the core principals in the Halsey Thrasher Harpole development criteria. In addition to hundreds of acres of new ground up development the group has become known for, there is an underlying commitment to the redevelopment of existing properties in an effort to give the market a comprehensive strategy and to avoid areas of blighted or boarded up retail dotting Jonesboro’s landscape.
The former Kroger was purchased and redeveloped into a 45,000 square foot Burlington and a 20,000 square foot Planet Fitness. The Burlington store was delivered in record time at the request of their corporate office, going from demolition to opening in just over 120 days. The quality and timeliness of the delivery earned the group a preferred developer status.
The development was eventually sold to Agree Realty Corporation, a publicly traded REIT with over 800 properties in 46 states with over 14 million square feet of leasable space.