A Southern California investor paid $12.5 million for an 83,743-sq.-ft. Basha’s-anchored neighborhood center in Mesa, Ariz., near the Eastmark master-planned community.
The U.S. arm of L’Occitane en Provence has filed for Chapter 11 bankruptcy protection as it looks to cut costs and reduce its store portfolio amid pandemic-related business disruption.
Belk on Tuesday said it has filed for Chapter 11 bankruptcy protection with a plan to recapitalize its business and reduce its debt burden by approximately $450 million.
