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DDR completes $699 million of transactions in Q3
Beachwood, Ohio – During third quarter 2014, DDR Corp. closed on the acquisition of eight prime power centers and the sale of seven operating assets and two land parcels, totaling $699 million of executed transactions. Seven of the eight power centers that the company acquired were purchased for $377 million at DDR's share from a joint venture formed with Blackstone Real Estate Partners VII L.P. in August 2013.
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Smoothie King to expand in Missouri; plans 1,400 new stores globally
New Orleans - Smoothie King Franchises Inc. has signed a five-store development agreement for Missouri with new franchisee Jackie Floyd. The smoothie chain currently has 21 locations in the state, including more than a dozen in the St. Louis area, with three additional stores planned to open in the market in 2014.