Skip to main content

Deals

  • OfficeMax to relocate in College Station

    College Station, Texas -- Houston-based Baker Katz, an X Team International partner, said that it has completed a lease for the relocation of OfficeMax in College Station, Texas.

  • Edens & Avant announces refinancing of unsecured revolving credit facilities

    Columbia, S.C. -- Edens & Avant announced Tuesday that it has closed on the refinancing of its $350 million unsecured revolving credit facility and $30 million unsecured working capital line.

    Both will mature in September 2014, but include two, one-year extensions that could extend both facilities through September 2016.

  • StreetMac acquires Texas and Oklahoma malls

    Northbrook, Ill. -- StreetMac Asset Managers announced that an affiliate has purchased the Brazos Mall in Lake Jackson, Texas, and the Shawnee Mall in Shawnee, Okla., through a joint venture with an affiliate of Stamford, Conn.-based Five Mile Capital Partners. The seller was Lightstone Properties.

    The two malls have a combined 1.14 million sq. ft. of leasable retail space. Terms were not disclosed. The acquisitions represent StreetMac’s inaugural purchases of retail malls in markets nationwide.

  • 99 Cents Only in $1.6 billion buyout

    Commerce, Calif. -- Discounter 99 Cents Only Stores said Tuesday it has agreed to be acquired by a group of investors including its founding family, Ares Management and Canadian Pension Plan Investment Board for $1.6 billion in cash.

    The announcement ends a months-long sales process, which started with a takeover offer from Leonard Green & Partners in March.

  • TIAA-CREF and CBL close $1.09-billion JV

    Chattanooga, Tenn. -- TIAA-CREF and CBL & Associates Properties have announced the closing of their $1.09 billion real estate joint venture to invest in market-dominant shopping malls.

    TIAA-CREF has completed its investment in four of CBL’s market-dominant shopping malls: Oak Park Mall in Kansas City, Kan.; West County Center in St. Louis; CoolSprings Galleria in Nashville; and Pearland Town Center in Pearland, Texas.

  • Edible Arrangements open at Kmart Plaza

    Elizabethtown, Ky. -- Brixmor Property Group announced a 1,200-sq.-ft. lease has been executed with Edible Arrangements at Kmart Plaza, located in Elizabethtown, Ky.

    New York City-based Brixmor is the owner of Kmart Plaza.

  • Prime Sole to open at Clocktower Place

    Florissant, Mo. -- Brixmor Property Group announced a 5,000-sq.-ft. lease has been executed with shoe retailer Prime Sole at Clocktower Place, located in Florissant, Mo.

    Brixmor, based in New York City, is the owner of Clocktower Place.
     

  • DDR and Walmart team to open, expand four stores

    Beachwood, Ohio -- DDR Corp. announced Friday plans to redevelop four shopping centers by adding two new Walmart stores in Florida and expanding two existing stores in Ohio and Puerto Rico.

    "These projects will deliver desired growth opportunities to the world's most successful retailer and further strengthen DDR's relationship with its largest tenant," said Paul Freddo, senior executive VP leasing & development for DDR.

X
This ad will auto-close in 10 seconds