Briarcliff buys Tuileries Plaza, plans to rename, revitalize shopping center

…A spinoff from Briarcliff Development Co., Briarcliff Realty has become a force in the Northland. In addition to work leasing and managing various Briarcliff Development properties, it took over earlier this year as developer of the 900-acre Riverside Horizons business park.

George Gunter built up Tuileries Plaza starting in 2007, paying close attention to architectural detail. But high lease rates and an economy that tanked soon after the project came on the market made Tuileries a tough sell to tenants.

Dickinson Financial Corp. took over one half of Tuileries, and LNR Partners took over the other half.

Hagedorn plans to lease vacant properties at what will become Village at Burlington Creek, where building footprints range from 6,800 square feet to 31,121 square feet, and develop an additional 11 acres that have gone untouched.

“It’s already fantastic,” Hagedorn said. “But it’s going to get better.”…

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