Inland Real Estate to Redevelop Joliet Commons Shopping Center
Joliet, Ill. — With the addition of a new building, the total gross leasable area of Joliet Commons will increase to 229,000 square feet.
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GBT Begins Construction on The Shoppes of Albertville in Alabama
Albertville, Ala. — The center will be completed in spring 2016.
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Best in Show: PetSmart Agrees to BC Partners’ $8.7 Billion Buyout
Phoenix and New York — Citigroup, Nomura, Jefferies, Barclays and Deutsche Bank have underwritten the debt package to finance the acquisition.
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Westwood Financial Corp. Opens Rally House at Old Town Center in Dallas
Dallas – The 266,414-square-foot, 33-unit Old Town Shopping Center is 99 percent occupied.
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Merchant Retail Partners Breaks Ground on Expansion of Alabama Shopping Center
Cullman, Ala. – Existing tenants at the shopping center include Belk, Books-A-Million and Shoe Dept.
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T.J.Maxx Leases at St. Georges Crossing in Woodbridge, New Jersey
Woodbridge, N.J. – The store will be developed on a recently acquired parcel that sits adjacent to the original St. Georges Crossing site.
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Pine Tree Commercial Buys Shopping Center in Asheville, North Carolina
Asheville, N.C. – Riverbend Marketplace is situated on the Tunnel Road Corridor, the main commercial corridor of eastern Asheville.
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DeBartolo Development Sells Two Adjacent Shopping Centers in Metro Chicago
Hoffman Estates, Ill. – Both properties are approximately 90 percent leased.
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Coldwell Banker Arranges Six Anchor Leases for $40 Million Tuscaloosa Power Center
Tuscaloosa, Ala. – The Shoppes at Legacy Park is set to break ground in September and will open in October 2015.
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Lincoln Harris to Manage Northwoods Marketplace in Charleston, South Carolina
North Charleston, S.C. – Barnes & Noble, Michaels, Old Navy, PetSmart, Rooms To Go and Best Buy anchor the center, which is 98.6 percent leased.
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