Sydney and Paris — Europe’s largest commercial property firm Unibail-Rodamco is set to acquire U.S. and U.K. mall owner Westfield Corp. (ASX: WFD) for $15.7 billion.
Sayreville, N.J. — A joint venture between North American Properties (NAP) and PGIM Real Estate is set to break ground on Riverton, a $2.5 billion, 418-acre, mixed-use development located roughly 33 miles south of Manhattan along the Raritan River in Sayreville.
Warrendale, Pa. — Teen clothing retailer rue21 has completed its financial restructuring and emerged from the Chapter 11 process.
Wayne, N.J. — Toys ”R” Us Inc. filed for Chapter 11 bankruptcy protection on Monday, Sept. 18.
Deerfield, Ill. — The merger between Walgreens Boots Alliance Inc. (NASDAQ: WBA) and Rite Aid Corp. (NYSE: RAD) has been terminated.
Warrendale, Pa. — Teen apparel retailer Rue21 filed Chapter 11 bankruptcy on Monday, May 15 with plans to reorganize and restructure its assets and debts.
Warrendale, Pa. — Teen clothing retailer rue21 is set to close about one-third of its stores nationwide as it shifts its focus to e-commerce.
Topeka, Kan. — Topeka-based Payless ShoeSource has tapped RCS Real Estate Advisors to market 425 store leases in conjunction with the company’s Chapter 11 filing.
Topeka, Kan. — Payless ShoeSource has filed for Chapter 11 bankruptcy and announced plans to immediately close nearly 400 underperforming stores.
Grand Rapids, Mich. — A&G Realty Partners has been tapped to manage the sale of 58 MC Sports leases in seven states across the Midwest following the Grand Rapids-based retailer’s Chapter 11 bankruptcy filing on February 14.