Mergers & Acquisitions

Woodbridge, N.J. -- Fameco Real Estate announced that Scott Jennerich has joined the Fameco organization and will be based out of its Woodbridge, N.J., office.

Jennerich previously led Trinity Real Estate Advisors, a consulting company specializing nationally in retail real estate, land development and the shopping center industry. He will join Fameco as the president of Trinity Real Estate Advisors, now a wholly owned subsidiary of Fameco Real Estate.
 

Tampa, Fla. -- RMC Property Group announced it has acquired Carrollwood Corporate Center in Tampa, Fla., and is expanding and moving its corporate offices to the office building.

The Class A office building encompasses 20,000 sq. ft.
 

Dallas -- RadioShack Corp. said Monday that it plans to sell $300 million in debt that will come due in 2019.

The retailer said it plans to use the proceeds from the sale of the senior notes for general corporate purposes, which may include stock buybacks.

New York City -- Westwood Town Center, a shopping center located in West Seattle, has sold for $78.1 million.

The buyer was MEPT Westwood Village LLC. The seller was Wesbild Holdings of Vancouver, B.C.

Newmark Realty Capital of Seattle arranged $39 million of the financing of the center.
 

New York City -- Big Lots, which plans to open 90 stores this year, has made two key merchandising moves to facilitate its planned growth.

The retailer has hired former Sears merchandising executive Doug Wurl to serve as its executive VP merchandising. He assumes responsibilities previously held by John Martin, who was named executive VP administration. In his new role, Martin will have responsibility for store operations and human resources.

New York City -- Tesco announced that it has acquired a majority stake in video-on-demand pioneer Blinkbox. The acquisition positions Tesco for the next stage in the Internet-driven revolution in home entertainment, the retailer said.

Blinkbox is the United Kingdom’s leading movie streaming service, offering thousands of titles streamed on the Internet.

Tesco has bought an 80% stake in Blinkbox from Eden Ventures and Nordic Venture Partners.

Dallas -- Zale Corp. is extending the maturity of $120 million of its credit facility by more than two and a half years, the Associated Press reported.

The portion being extended includes a seasonal adjustment of $20 million. The debt was set to mature Aug. 11. Now, it matures on April 30, 2014.

Zale said Monday that commitments under the facility remain at $650 million, including a $108 million seasonal adjustment. All commitments mature on the new date in 2014.

Elmsford, N.Y. -- Party City Holdings, parent company of Amscan Holdings, has filed an initial public offering of $350 million of common stock as it raises funds to pay down debt.

It intends to list under the symbol PRTY. Current stockholders are also likely to sell shares alongside Party City in the IPO.