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Inland Western acquires Texas shopping center for $35 million
Oak Brook, Ill. -- Inland Western Retail Real Estate Trust announced Wednesday the acquisition of Sawyer Heights Village in a joint venture with RioCan Real Estate Investment Trust.
Sawyer Heights Village, a 107,626-sq.-ft. power center located just outside the central business district in Houston, was purchased for approximately $35 million.
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Middlesex Commons undergoing redevelopment
Burlington, Mass. -- Columbia, S.C.-based Edens & Avant announced Wednesday details of its redevelopment of Middlesex Commons retail center in Burlington, Mass.
With a relocated and expanded Market Basket, Old Navy and a new Nordstrom Rack and DSW as key anchors, Middlesex Commons has been redesigned to better connect to the local community by offering a more dynamic retail mix and a more personalized shopping environment.