Deerfield Beach, Fla. — Weingarten Realty Investors has acquired Deerfield Mall, a 394,248-square-foot, Publix-anchored shopping center located in the South Florida community of Deerfield Beach, for $92.75 million.
Winston-Salem, N.C. — Jab Beech Inc. and Krispy Kreme Doughnuts Inc. have entered into a definitive merger agreement under which JAB will acquire Krispy Kreme for $21-per-share in cash, or a total equity value of approximately $1.35 billion.
Morristown, Tenn. — CBL & Associates Properties Inc. has announced that Dick’s Sporting Goods and Ulta Beauty will be joining College Square Mall in Morristown.
Frisco, Texas — The Dallas Cowboys have unveiled plans for a 200,000-square-foot retail block at The Star in Frisco, a $1.5 billion, 91-acre mixed-use development that will include the NFL team’s new headquarters.
Crystal, Minn. — Paster Properties has acquired a 5,000-square-foot outlot for the development of a retail building with a drive-thru located in Crystal, less than ten miles outside of Minneapolis.
Aurora, Colo. — Matthews Retail Advisors has arranged the $4 million sale of Quincy Corners, a 15,765-square-foot shopping center located in the Denver suburb of Aurora.
Scottsdale, Ariz. — Five Star Development has announced plans to break ground on a high-end mixed-use center that will be connected to the $2 billion Ritz-Carlton, Paradise Valley master-planned development in Scottsdale.
Los Angeles — George Smith Partners has secured financing on behalf of Canadian retail investment firm CormackHill LP for the $43 million acquisition of the iconic Fred Segal retail property at 8100 Melrose Ave. in Hollywood.