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Kiler rejoins Edens to manage Texas properties
Just two years after leaving the company, Tom Kiler has rejoined Edens as senior VP in charge of the company’s 20 Texas properties. Kiler will be responsible for management of the current portfolio in the Lone Star State and will direct acquisitions, development, and operations of Edens properties in Dallas and Houston. These include Houston’s Uptown Park and Dallas’s Preston Royal. -
Time Equities buys Dearborn power center for $20.6 million
Mid-America Real Estate reported it has arranged the sale of the Fairlane Meadows Shopping Center in Dearborn, Michigan, to Time Equities for $20.6 million. The seller was Ramco-Gershenson Property Trust. The 157,225-sq.-ft. center is situated within a residential development of the same name. The store roster includes Best Buy, Citi Trends, David’s Bridal, Five Below, and Dollar Tree. It is shadow-anchored by Target and Burlington Coat Factory.

