1/27/2024 0 Comments Meridian township assessorPhipps has engaged CBRE|Martin to handle leasing, a task managed by the firm’s senior vice president, Shawn O’Brien. It catered to a lot of small businesses and a lot of them had been there for 10 or 20 years,” he said. ![]() “It had been 100 percent filled up until the crash and economic downturn. ![]() Robert Phipps, managing partner of Central Park Place LLC, the center’s owner, said the decline started with the Great Recession in 20. Orvis, Pendleton Woolen Mills and Retail Therapy all left this winter, adding to an exodus that includes Brilliant Sky Toys & Books, Morning Dance Gallery, Central Park Fitness, Therapeutic Massage and others. So why isn’t Central Park Place thriving? Retail businesses, once the lifeblood of the shopping center, are abandoning the property. The east side communities of Okemos, Haslett, East Lansing and Williamston are the area’s most affluent. It’s location, opposite the sprawling Meridian Mall, is outstanding. Central Park Place on Marsh Road is arguably the most attractive retail center in the region.
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