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Deals

  • CBRE Group acquires Louisville, Kentucky affiliate

    Los Angeles — CBRE Group announced that it has acquired CBRE | Louisville, a commercial real estate services firm that has served as CBRE’s affiliate in metropolitan Louisville, Kentucky and southern Indiana since 1996.

    The firm has a staff of 34 and manages more than 10 million sq. ft. in the region.

  • Divaris signs 3 leases for 14,000 sq. ft. in Richmond

    Richmond, Virginia — Divaris Real Estate announced the signing of three leases totaling approximately 14,000 sq. ft. of commercial space in Richmond, Virginia.

    Dollar General renewed its lease for 8,000 sq. ft. in the Divaris-leased and –managed 360 West Shopping Center, located at 7218 Hull Street Rd.

    The Dolan Company signed a lease for 3,120 sq. ft. of office space, and Liquid Glass Kustomz, automotive customizing, signed a lease for 2,856 sq. ft. of flex space in the Divaris-leased and –managed Belt Trade Center.

  • Fraport to manage retail malls at four U.S. airports

    Frankfurt, Germany – Germany-based airport management services provide the Fraport Group has expanded its international portfolio in the global airport market by acquiring 100% of U.S.-based AMU Holdings Inc., which owns Airmall USA Holdings Inc. Airmall markets space at the aviation hubs of Baltimore, Boston, Cleveland and Pittsburgh.

  • Brighter Dental Care inks lease at The Hills Village Center

    Bedminster, N.J. -- Dental practice Brighter Dental Care has leased 2,600 sq. ft. of the second floor at The Hills Village Center in Bedminster, New Jersey, according to Levin Management, exclusive leasing and managing agent for the 110,800-sq.-ft. center.

  • Phillips Edison-ARC expands portfolio in Texas with two acquisitions

    Cincinnati -- Phillips Edison-ARC Grocery Center REIT II, Inc. has acquired two grocery-anchored shopping centers, Northpark Village and Spring Cypress Village, both located in Texas.

    Northpark Village is a 70,479-sq.-ft. grocery-anchored shopping center in Lubbock, anchored by United Supermarkets and tenanted by GNC, Starbucks, Super Tan and Sun Loan Company.

    Spring Cypress Village is a 97,550-sq.-ft. grocery-anchored center in Houston, anchored by Sprouts and tenanted by Burger King, State Farm Insurance and Spec's.

     

  • Whole Foods Market to make Irvine, California, debut

    Irvine, Calif. -- Whole Foods Market and the Irvine Company announced that the companies have signed a lease to bring the first Whole Foods Market to Irvine, California.

    The organic and natural grocer will occupy approximately 40,000 sq. ft. at Los Olivos Marketplace, a specialty shopping center just off the 405 freeway at Irvine Center Drive in Irvine Spectrum.

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