Thomas August Named President and CEO of DDR
Beachwood, Ohio — Beachwood-based DDR Corp. has named Thomas August president and CEO.
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DDR and Blackstone’s Third Joint Venture Closes on 71 Shopping Centers for $1.93 Billion
Beachwood, Ohio – Blackstone Real Estate Partners VII owns 95 percent of the common equity of the joint venture and an affiliate of DDR owns the remaining 5 percent.
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Daniel Hurwitz to Leave DDR at End of 2015
Beachwood, Ohio – Hurwitz joined the board of directors in June 2009.
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DDR, Blackstone to Acquire 76 Shopping Centers for $1.98 Billion
Beachwood, Ohio and New York – Blackstone owns 95 percent of the common equity of the joint venture and an affiliate of DDR owns the remaining 5 percent.
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DDR Closes on Sale of Brazilian Investments for $344 Million
Beachwood, Ohio – The Brazilian portfolio consisted of 10 regional shopping centers comprised of 4.6 million square feet.
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DDR Sells $198 Million of Non-Prime Assets in First Quarter 2014
Beachwood, Ohio – The non-prime operating assets sold and under contract have average base rents per square foot of less than $9.50.
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Marc Hays Joins Stanbery Development as Partner
Bexley, Ohio – Hays will work on finding locations for new developments and acquisitions, as well as leasing.
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DDR Acquires Seven Centers in Partnership with Blackstone for $332 Million
Beachwood, Ohio — The properties total 2.4 million square feet and are 93 percent leased.
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