When Gene Munster, managing partner of Minneapolis-based venture capital firm Loup Ventures, predicted that e-commerce giant Amazon (NASDAQ: AMZN) would buy department store chain Target (NYSE: TGT) this year, he knew such a declaration would make waves.
Wilmette, Ill. — Mid-America Real Estate Corp. has arranged the sale of Plaza Del Lago, a 100,213-square-foot shopping center in Wilmette, a city 20 miles north of Chicago.
Dothan, Ala. — InvenTrust Properties Inc. has sold Dothan Pavilion, a 327,423-square-foot shopping center in Dothan, for $33.8 million.
Nashville, Tenn. — Cobalt Real Estate Solutions LLC has acquired Jackson Downs, a 134,818-square-foot shopping center in Nashville, for $16.3 million.
Eagan, Minn. — American Realty Advisors (ARA) has acquired Central Park Commons in Eagan.
Pembroke Pines, Fla. — HFF has arranged the sale of Chapel Trail Plaza, a 56,378-square-foot, LA Fitness-anchored shopping center in Pembroke Pines.
Houston — Mattress Firm has announced plans to close 200 underperforming stores over the next 18 months.
New York City — Forest City Realty Trust has completed the conversion of its common ownership interest to preferred interest in 10 specialty retail centers in the New York City metro area.
New Lenox, Ill. — Marcus & Millichap has arranged the sale of Calistoga Plaza in New Lenox, a city 40 miles southwest of Chicago, for $4.5 million.
Beaumont, Texas — Albanese Cormier Holdings (ACH) has sold Stadium Shopping Center, a 76,082-square-foot retail center in Beaumont.
