YALE REALTY SERVICES CORP. ANNOUNCES THE ACQUISITION OF SYCAMORE TERRACE
TERRE HAUTE, IN - MAY 15th, 2017 - Yale Realty Services Corp., a privately held real estate investment firm that specializes in open air shopping centers, is pleased to announce the acquisition of Sycamore Terrace in Terre Haute, IN. Sycamore Terrace is a 47,663 square foot shopping center shadow-anchored by a Super Wal-Mart. Notable tenants include Dollar Tree, Pet Supplies Plus, Rent A Center, Maurices, Monical’s Pizza, GameStop, GNC and Fantastic Sams.
Located in western Indiana, Terre Haute is located 77 miles southwest of Indianapolis, and within 185 miles of Chicago, St. Louis, Louisville and Cincinnati. The city is at the intersection of two major roadways: I-70 which stretches from California to Maryland, and U.S. 41 which extends from Michigan to Miami.
Sycamore Terrace is the company's first acquisition in the state of Indiana as it continues to focus on acquiring high quality shopping centers anchored by Walmart Supercenters in growing secondary and tertiary markets. According to Yale Paprin, Yale Realty’s President, “We are excited about entering Terre Haute, Indiana; a vibrant and growing market in the heartland of America.”
Based in Westchester County, NY, the firm owns and operates a portfolio of high yield retail properties in the eastern United States. Established in 1990 by Yale I. Paprin, the vertically-integrated firm focuses on capturing and enhancing value in all facets of the investment process. For more information, please visit our website at www.YaleRealtyServices.com.
For leasing inquiries, please contact Paul Monaco, Director of Leasing, 914.289.0100.