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KeyPoint Partners to manage, lease Woburn Mall
Burlington, Mass. -- KeyPoint Partners announced it has been awarded the property management and retail leasing contract for the Woburn Mall in Woburn, Mass.
Real estate equity fund Multi-Employer Property Trust acquired the 276,200-sq.-ft. mall in September 2012. Tenants include TJ Maxx, HomeGoods, Sports Authority, DSW and CVS Pharmacy. -
Vestar and UBS Global Asset Management acquire Riverside Plaza
Riverside, Calif. -- Vestar, in a joint venture with a fund advised by UBS Global Asset Management, announced that it has acquired Riverside Plaza, a 475,211-sq.-ft. retail center located on 35 acres in Riverside, Calif., for $84,844,000 in an all cash transaction. The acquisition marks one of the largest investment sales transactions in Southern California's Inland Empire region in the past 10 years. Vestar currently manages more than 22 million sq. ft. of retail properties in the West.