Tag Archive for: retail

Prudent Growth purchases Hampton Cove Shops for $7.6 million

Hampton Cove Shops, a retail center adjacent to Walmart in Owens Cross Roads, has been purchased for $7.6 million, Prudent Growth Partners announced.  Prudent Growth is a private equity real estate firm based in Chapel Hill and Charlotte, N.C. According to the firm, the 41,681-square-foot center is 96.64% leased to 12 tenants with staggered lease […]

Alabama’s First IKEA Opening Wednesday: What to Expect

Opening Day Details: Doors open at 10:00 a.m. Customers can start lining up at 7:00 a.m., with product giveaways (IKEA products and gift cards) starting at 8:00 a.m. The IKEA Swedish Bistro will offer the store’s famous meatballs, hot dogs, cinnamon rolls, coffee, and more! Other various Swedish snacks and treats (even frozen meatballs) will […]

Huntsville Lands Alabama’s First IKEA, Opening 2026

IKEA plans to open its first Alabama store in Huntsville in early 2026, the company announced on Tuesday. The Swedish home furnishings giant will take over space at the University Place Shopping Center, at 6125 University Place Drive, in the city’s bustling retail corridor. The location, just off Research Park Boulevard and accessible via Interstate […]