KeyBank Real Estate Arranges $33 Million Loan for Tennessee Power Center
Bristol, Tenn. – The 235-acre Pinnacle will be anchored by a Bass Pro Shops.
…
Moreno Valley Area Retail Centers Sell for $34.8 Million
Irvine, Calif. – The Lakeside Terrace and Canyon Springs shopping centers sold for the lowest cap rates ever reported for stabilized retail centers over 25,000 square feet in the area.
…
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.
…
Verizon Wireless Outparcel Opens at PGA Plaza Shopping Center
Palm Beach Gardens, Fla. – PGA Plaza is currently undergoing $15 million dollars in renovations.
…
CIM Group Leases Retail at Hollywood and Western
Los Angeles – Marshalls and Petco will open this fall.
…
Lennar, Sterling Acquire North Dekalb Mall in Metro Atlanta
Decatur, Ga. – The developers plan to convent the enclosed portion of the mall into an open-air concept.
…
Sansone Companies to Redevelop The Boulevard Mall in Las Vegas
Las Vegas – The mall was built in 1965 and received its last major renovation in 1992.
…
Vornado to Sell Beverly Connection Shopping Center in Los Angeles for $260 Million
Paramus, N.J. – The sale is expected to be completed in Q3 of 2014.
…
CBL & Associates Properties Announces Next Development
Chattanooga, Tenn. – The development is 90 percent leased prior to the start of construction.
…
Fairhaven Commons Sells for $23.8 Million
Fairhaven, Mass. — Fairhaven Commons is anchored by Walmart and Marshalls.
…