Meridian, Idaho — PSRS has secured a $4.6 million refinancing for Gramercy and Mason Creek Retail, two retail properties in Meridian, about 10 miles from Boise. Kostas Kavayiotidis and Jacob Lee of PSRS arranged the 65 percent loan-to-value, non-recourse loan
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Meridian, Idaho — Wood Investment Cos. Inc. has acquired CentrePoint Marketplace 197,288-square-foot shopping center in Meridian, for $35 million. Built in 2007, CentrePoint Marketplace is located on 19.3 acres at 3319 N. Eagle Road at the intersection of East Ustick
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Seattle; Boise, Idaho; and Salt Lake City — JLL Capital Markets has secured $274.4 million in financing for a six-property portfolio of core-quality retail centers totaling 2.7 million square feet across Seattle, Boise and Salt Lake City. The borrower is a joint venture between
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Idaho Falls, Idaho — ShowBiz Cinemas plans to develop one of its Bowling, Movies and More! entertainment centers at Jackson Hole Junction in Idaho Falls. This location will be ShowBiz Cinemas’ first complex in Idaho; the company currently operates locations
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Twin Falls, Idaho — Geronimo has completed the sale of Canyon Park East and Canyon Park West, a two-property retail asset located in Twin Falls. Wood Investments Cos. acquired the asset for $50.9 million. Located at 2068 Bridgeview Blvd. and
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Boise, Idaho — Boise-based grocery chain Albertsons Cos. has agreed to acquire Rite Aid Corp. (NYSE: RAD), one of the nation’s largest drugstore chains, for an undisclosed sum.
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Pocatello, Idaho — Millennial Development Partners has announced plans for Northgate District, a master planned community located in Pocatello, a city in southeastern Idaho.
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Meridian, Idaho — Pine Tree LLC, in partnership with a U.S. state pension fund, has acquired Meridian Crossroads, a 527,000-square-foot shopping center in Meridian, for $78.7 million.
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Atlanta — Atlanta-based RCG Ventures has sold five retail centers across the Southeast and acquired an asset in Idaho.
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Nampa, Idaho — HFF has arranged senior financing for the acquisition of Nampa Gateway Center, a 471,340-square-foot retail center in Nampa, a suburb of Boise.
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Shoppers are now looking for retail centers where they can connect with their community and share experiences with family and friends. How do retail centers leverage this shift in retail experience to impact their bottom line?
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