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Deals

  • The Wilder Companies creates new position for growth strategy

    Boston -- The Wilder Companies announced that Shelley M. Anderson has been named director of new business development, a newly created position for the company. Anderson will be responsible for developing retail real estate opportunities to expand the company’s portfolio of open-air centers throughout the eastern portion of the U.S. She will focus on existing center acquisitions, exploring joint venture opportunities with existing owners and growing the company’s burgeoning third-party services business.

  • InvenTrust increases footprint in San Antonio MSA

    San Antonio, Texas -- InvenTrust Properties Corp. announced that it has acquired Sonterra Village Shopping Center, a newly constructed, 42,492 sq. ft. shopping center located in San Antonio, Texas, for approximately $21.5 million.

  • Staples, Office Depot extend merger agreement

    Staples is giving itself three more months before calling off its proposed $6.3 billion acquisition of Office Depot, giving the companies time to fight an antitrust lawsuit with the Federal Trade Commission.

  • H-E-B to open convenience store format

    Citing a Virtual Builders Exchange report, the San Antonio Business Journal last week reported H-E-B would be opening a pureplay convenience store operation with plans to construct a 7,500-sq.-ft. convenience and fuel center.

  • Report: H-E-B to open convenience store format

    Citing a Virtual Builders Exchange report, the San Antonio Business Journal last week reported H-E-B would be opening a pureplay convenience store operation with plans to construct a 7,500-square-foot convenience and fuel center. "The convenience store market in San Antonio has become increasingly competitive over the past few years, made even more so with local CST Brands agressive expansion plans," the business journal reported.

  • Pei Wei expands presence in Florida

    Winter Garden, Fla. -- The Sembler Company has completed construction on the final outparcel at the 1.15 million sq. ft. Winter Garden Village located in Winter Garden, Florida.

    Pei Wei Asian Diner and Mattress One will occupy the new 7,200-sq. ft. building, marking complete build-out of the development originally started in 2006.

  • Vestar hires director of due diligence

    Phoenix – Vestar announced the addition of Bradley Parks, director of due diligence to its team. Parks will be responsible for overseeing all due diligence activities for Vestar’s shopping center acquisition opportunities.

    Over the past three years Vestar has completed over $1 billion in acquisitions throughout the western U.S. and was recently recognized as the 4th largest acquirer of shopping centers in the United States.

  • American Apparel board rejects Charney-supported takeover bid

    Has founder and ousted CEO Dov Charney made his last stand at American Apparel?

    The board of American Apparel Inc. rejected a $300-million takeover bid from Hagan Capital Group and Silver Creek Capital Partners — the investors aligned with Charney — according to the Los Angeles Times.

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