Originally Posted by
Pete
They are very close to full capacity and any vacancy is quickly replaced by another great national tenant.
When Washington Prime took over, CC was mainly local tenants, most of which were highly subsidized by Aubrey McClendon with Chesapeake funds. WP had to replace almost all of them when they either defaulted (many had been behind under CHK ownership) or could not/would not pay market rates when their leases expired. I won't name all the new tenants Washington Prime has signed, but it's a long list. They've also done a fantastic job with Nichols Hills Plaza.
The only real vacancy is the old Cafe 501 space but I believe they have someone to take that space, which should be public soon.
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