Cincinnati — Phillips Edison & Co. Inc. (PECO) has filed a registration statement on Form S-11 with the U.S. Securities and Exchange Commission for a proposed public offering in conjunction with the listing of its stock on a national stock
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San Diego and Phoenix — Realty Income Corp. (NYSE: O), a San Diego-based real estate investment trust active in the net lease sector, has agreed to acquire VEREIT (NYSE: VER), a Phoenix-based real estate investment trust in the single-tenant net
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New York City — Seritage Growth Properties has announced a number of key promotions, including Mary Rottler to the role of chief operating officer. Rottler previously served as the company’s executive vice president of leasing and operations. In her new
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Jericho, N.Y. and Houston — Kimco Realty Corp. (NYSE: KIM) has announced plans to acquire fellow retail REIT Weingarten Realty Investors (NYSE: WRI) for roughly $3.9 billion. The combined company is expected to have a pro forma equity market capitalization
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Tempe, Ariz. — Circle K Stores Inc. has announced plans to sell 269 of its convenience stores across 29 states in the U.S. and 37 stores in Canada. The stores feature an average building size of 2,600 square feet and
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Los Angeles — American Eagle Outfitters Inc. (AEO) has announced plans to open seven Aerie stores and two OFFLINE by Aerie locations at Unibail-Rodamco-Westfield centers during the second half of 2021. The new Aerie stores will open at Westfield Garden
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Grand Prairie, Texas — Phoenix-based grocer Sprouts Farmers Market will open a 25,000-square-foot store in Grand Prairie, located roughly midway between Dallas and Fort Worth, in the second half of the year. The opening is part of a larger rollout
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New York City — WHP Global has acquired a controlling interest in Tru Kids Inc. (TRU), parent company to Toys ‘R’ Us, Babies ‘R’ Us, Geoffrey the Giraffe brands and more than 20 related consumer toy and baby brands. Tru
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Carlsbad, Calif. and Dallas, Texas — Carlsbad, Calif.-based equipment and apparel manufacturer Callaway Golf Co. (NYSE: ELY) has completed its merger with Topgolf Entertainment Group. Under the terms of the merger agreement, Callaway issued approximately 90 million shares of its
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Austin, Texas — Alamo Drafthouse Cinema has filed for Chapter 11 bankruptcy protection and entered into an asset purchase agreement with its group of senior lenders that is led by California-based Altamont Capital Partners and Fortress Investment Group. The agreement
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Phoenix — Sprouts Farmers Market has announced plans to open 20 stores in 2021. The Arizona-based grocer will open 10 stores in Florida. Future stores are also planned for Georgia, Colorado, California, Texas, Arizona and Nevada. Stores in Dania Beach,
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Chicago — Virtas Partners has joined in an alliance with The Seaker Group to help retail clients struggling with excessive overhead costs amid continuing restrictions on retailers due to the COVID-19 pandemic. “We are bringing together The Seaker Group’s insightful
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