Anchorage and Wasilla, Alaska — The Joint Corp. has signed a franchise agreement for three The Joint Chiropractic clinics in Alaska. The first location recently opened in Wasilla, Alaska. The second clinic is scheduled to open in the first quarter of 2023 in Anchorage. The third clinic is set to open next fall in an undisclosed location. Ron and Julie Kluff, James Peterson, Toni Peterson and Jerusha Overton are together the owners, and Overton will operate the businesses. With the expansion into Alaska, The Joint now has a presence in …
Anchorage, Alaska — Time Equities Inc. has purchased Midtown Mall and 5900 Old Seward Highway in Anchorage from Seritage Growth Properties for $44 million. Midtown Mall is a 164,664-square-foot, grocery-anchored shopping center. At the time of sale, the property was 81 percent leased to tenants including Carr’s Grocery Store, Guitar Center, Nordstrom Rack and Planet Fitness. Situated on 7.8 acres, 5900 Old Seward Highway is a 98,087-square-foot former Sears warehouse building, which is currently vacant. Ami Ziff, Jonathan Kim and Grant Scott provided in-house representation for Time Equities, while Dino …
Anchorage, Alaska — Newmark has arranged the $13 million sale of a property net-leased to Walgreens in Anchorage. Matt Berres and Samer Khalil of Newmark represented the buyer, an undisclosed private investor from Los Angeles, in the sale of the 14,550-square-foot property. Deerfield Partners represented the undisclosed private seller in the transaction.
Sarasota, Fla. — Sarasota-based Benderson Development has acquired a four-property, net-leased portfolio for $89 million.
Los Angeles – The term was structured to sell some assets and to also find permanent debt for others.