Midwest Realty Group (MRG) purchased what is now referred to as “Sprinkle Plaza” in March of 2016, with a full property redevelopment planned for 2016/2017. With nearly 20,000 cars traveling down Sprinkle Road every day and upward of 14,500 daytime employees working within two miles of the center, we knew that this center had great untapped potential. At the time of the purchase, Sprinkle Plaza had only two existing tenants within the eight suite building. We knew that the redevelopment of the plaza would be critical to the leasing of the remaining vacant suites.
With new redevelopment plans in hand, the Midwest Realty team set out to market the center. The plans included a full renovation of the building’s facade; a complete landscaping upgrade; new tenant signage to increase visibility; and the addition of two endcap drive-thru suites.
Construction on the center started in September of 2016 and is expected to be completed by June 2017. We are currently working to secure tenants for the remaining suites and are excited about the amount of activity we’ve had considering construction isn’t completed.
There was a tremendous amount of landscaping work that needed to be done on the center, as well as deferred maintenance that needed to be addressed. You can see in the photos below that the landscaping was very overgrown and affected visibility to the center and it’s signage.
Along with the planned full facade renovation, we will also be upgrading the monument signage to match the new modern feel of the building. You can see the current monument sign and the planned upgraded sign below.
Our property management team was given the “impossible” task of delivering Jersey Giant Sub’s suite in just 3 weeks. Even though most sub-contractors were 8 to 12 weeks out, if available at all, the Midwest Realty team was able to prepare the suite in just over 3 weeks, making Jersey Giant our first new tenant to move into the Plaza. You can see a few progress photos of the build-out below.
With fall coming at us quickly, we jumped on the landscaping work first so that our plantings could take root before winter. After a lot of hard work and a little bit of fun, the center is starting to show signs of the high standard to which Midwest Realty Group holds all of our properties.
Check out some more drawings of the planned renovations below!
If you have any questions about the project or are interested in how Midwest Realty Group can assist you in improving the quality of your property, please contact us at 269-323-0717.
We look forward to continuing to update you on this project and others like it.
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