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Bayer forms JV to acquire The Avenue Webb Gin
Birmingham, Ala. -- Bayer Properties announced that, through a joint venture between it and institutional investors advised by J.P. Morgan Asset Management, has acquired The Avenue Webb Gin outdoor mixed-use shopping center from Atlanta-based Cousins Properties.
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Inland acquires The Corner Shopping Center
Tucson, Ariz. -- Oakbrook, Ill.-based Inland Diversified Real Estate Trust announced the acquisition of The Corner, an 80,155-sq.-ft. shopping center in Tucson, Ariz., for approximately $29.5 million.
Tenants at The Corner include Total Wine, Nordstrom Rack and Five Guys Burgers and Fries, along with Sleep Number by Select Comfort, Sprint and Paradise Bakery.