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Pine Tree Silverpeak JV teams with Privet to acquire Alabama center
Northbrook, Ill. -- Pine Tree Silverpeak Retail Partners, a joint venture between Northbrook, Ill.-based Pine Tree Commercial Realty and New York City-based Silverpeak Real Estate Partners, recently teamed up with New York City-based Privet Investments in the acquisition of Hamilton Place Shopping Center in Auburn, Ala.
The partners purchased the grocery-anchored shopping center from an Alabama-based developer, assuming existing financing. Publix anchors the 79,540-sq.-ft. center.
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Super Supplements to open at Walker Center
Beaverton, Ore. -- Jacksonville, Fla.-based Regency Centers said that regional vitamin and supplement retailer Super Supplements has leased 4,165-sq.-ft. of space at Walker Center, located in Beaverton, Ore.
The new store is slated to open for business in spring 2012.
The 89,609-sq.-ft. shopping center features national retailers such as Massage Envy, Five Guys Burgers and Fries, and Jimmy John’s Gourmet Sandwiches.