Charlotte, N.C. – At the end of 2013, Kimco owned interests in 852 shopping centers totaling more than 125 million square feet.
Rancho Cucamonga, Calif. – The four-year-old company completed 109 transactions totaling approximately 300,000 square feet.
Washington – The property is one of the “top two retail corners in the city.”
Washington – The increase could be a sign of a reviving economy after severe winter weather slowed consumer demand.
Covington, La. and Chattanooga, Tenn. – The two companies will also contribute $10,000 to Keep Slidell Beautiful in honor of the grand opening.
New York – The new REIT, American Realty Capital Centers, Inc., will own 69 properties in 26 states.
Chattanooga, Tenn. – The development is 90 percent leased prior to the start of construction.
Poway, Calif. – HFF represented the seller; the buyer was self-represented.
Fremont, Calif., and Hampstead, Md. – Formal apparel retailers Men’s Wearhouse (NYSE: MW) and Jos. A. Bank Clothiers (Nasdaq: JOSB) have entered into a definitive agreement under which Men’s Wearhouse will acquire all of the outstanding shares of common stock of Jos. A. Bank for $65 per share in cash, or $1.8 billion. The boards of directors of both companies have unanimously approved the transaction. Combined, Men’s Wearhouse and Jos. A. Bank will have more than 1,700 stores in the United States. The companies have about 23,000 employees and sales …
Little Greek will open up to six units in 2014, with a goal of operating 50 locations in the next five years.