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Mixed-use planned for six acres in L.A.’s South Park
Los Angeles — Mack Urban Real Estate Group and AECOM Capital have acquired six acres in the Los Angeles central business district. The $80 million transaction is the largest land acquisition in the CBD since before the recession. The seller was EVOQ Properties.
The acquisition is part of a Mack Urban and AECOM plan to build a portfolio of class A, institutional quality multifamily developments in West Coast gateway cities.
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Epiphany Boutique to join West 7th development
Fort Worth, Texas — Epiphany Boutique will open a 1,463-sq.-ft. store at West 7th, a mixed-use development at the intersection of West Seventh Street and University Drive in Fort Worth, according to Cypress Equities, the developers of West 7th.
The store is slated to open in early October. Centennial Retail Services represented the landlord. Epiphany Boutique represented itself.