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Pine Tree Silverpeak JV teams with Privet to acquire Alabama center
Northbrook, Ill. -- Pine Tree Silverpeak Retail Partners, a joint venture between Northbrook, Ill.-based Pine Tree Commercial Realty and New York City-based Silverpeak Real Estate Partners, recently teamed up with New York City-based Privet Investments in the acquisition of Hamilton Place Shopping Center in Auburn, Ala.
The partners purchased the grocery-anchored shopping center from an Alabama-based developer, assuming existing financing. Publix anchors the 79,540-sq.-ft. center.
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Sabre Real Estate names execs
Garden City, N.J. -- Sabre Real Estate Group said that Beth Lamport has joined the firm as executive VP.
Previously a director at Breslin Realty, Lamport also was a broker at Polimeni Realty and spent more 20 years as a marketing executive at Federal Department Stores, which owned Macy’s, Bloomingdale’s, Filene’s and Stern’s and now is known as Macy’s Inc.