-
Leonard Green raising $5 billion in private equity
Los Angeles -- A Tuesday report by CNN Money, citing a regulatory filing, said that private equity firm Leonard Green & Partners is raising $5 billion for its sixth private equity fund.
Leonard Green’s current retail portfolio includes Sports Authority, Neiman Marcus and Whole Foods, with plans underway to add BJ's Wholesale Club to its holdings.
According to the report, the SEC filing does not confirm that the firm has closed on any money as of yet.
-
Eight national retailers to open at River Chase
Covington, La. -- Stirling Properties said Monday that River Chase Shopping Center Phase Two, which broke ground in August, has added eight new national tenants that will bring 85,000 sq. ft. of retail space to River Chase as part of an expansion to the development’s existing shopping center. All stores are expected to open spring 2012.