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Shreveport center sells for $8.95 million
Dalton Street Properties has acquired East Side Plaza, a Michaels-anchored center in Shreveport, Louisiana for $8.95 million. Other tenants at the 78,761-sq.-ft. center include Guitar Center, Dollar Tree and Cato. “The East Side Plaza sale was a significant win for both parties, allowing the seller to exit a non-focal market while providing the purchaser with a high-quality asset,” said Fred Victor, VP of Transwestern, who brokered the sale on behalf of the seller, Eastside Dunhill.
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Regency taps Mas to direct finance
Regency Centers has promoted 14-year veteran Michael Mas to managing director of finance. In this role, he will oversee capital markets, co-investment partnerships, investor/lender relations, underwriting, and due diligence of new investments and information technology. Mas was senior VP of capital markets prior to the promotion and earlier directed financial and operational aspects of joint ventures for the Jacksonville-based owner, operator, and developer of grocery-anchored centers.
