Montreal – After the transaction, Ivanhoé Cambridge will own approximately 8.5 percent of Cominar’s shares and will be the REIT’s largest shareholder.
Surprise, Ariz. – The center was 98 percent leased at the time of sale.
Burbank, Calif. – The center was 98 percent leased at the time of sale.
Phoenix – The 159,425-square-foot Village Center retail center in Phoenix is anchored by a Target and sits directly west of Paradise Valley Mall.
Santa Ana, Calif. – The revitalization will include the addition of three new tenants to the currently vacant Macy’s Men’s and Home Furnishings store.
San Diego – The buyer plans to operate a new restaurant on the property, which has been vacant for more than a year.
Tuscaloosa, Ala. – The Shoppes at Legacy Park is set to break ground in September and will open in October 2015.
San Antonio – The Gateway Plaza acquisition also includes land for future development.
Smyrna, Ga. – The property will feature restaurants, retail, single-family homes and luxury rental apartments at the site of the former Belmont Hills Shopping Center.
Rockville, Md. – 2000 Tower Oaks Boulevard is a 200,000 square-foot LEED Platinum nine-story office tower.