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Under Armour to build distribution center in Tennessee
Under Armour, Tennessee Governor Bill Haslam and economic and community development commissioner Bill Hagerty announced the company's plans to build a new 1 million-sq.-ft. distribution and warehouse facility in Mount Juliet, Tennessee, a suburb of Nashville.
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Slate Retail REIT to acquire center in Kentucky
Toronto -- Slate Retail REIT announced that it has entered into a binding agreement to purchase Stonefield Square, a 90,991-sq.-ft. grocery-anchored shopping center located in Louisville, Kentucky, for $12.6 million ($138 per square foot). The property is anchored by The Fresh Market.
The acquisition is expected to be completed in fourth quarter 2014 and remains subject to customary closing conditions.