Deals

An affiliate of Milwaukee-based Phoenix Investors has purchased Bon-Ton’s 517,000-sq.-ft. distribution center in Rockford, Ill., and is in the market for a new tenant.

CBL announced it had closed on $1.18 billion in financing that will allow it to avoid debt maturities coming due soon and focus its resources on renovating its portfolio of 62-plus malls.

Barry Wolfe has the ability to boil complicated retail decisions down to the basics.

The Michaels Companies is closing down a regional retailer it acquired three years ago.

A restaurant franchisee has expanded its portfolio with a new purchase.

A shopping village in Southern Nashville, Tenn., has a new owner.

Walgreens Boots Alliance was the biggest buyer at the auction for the pharmacy assets of bankrupt retailer Shopko.

Italian fashion giant Giorgio Armani has big plans for Madison Avenue.