-
The Crossings at Four Corners redevelopment gets zoning and financing nod
Smyrna, Ga. -- Westchester, Ill.-based Tri-Land Properties announced that it has received zoning and financing approval for The Crossings at Four Corners in Smyrna, Ga. Tri-Land has sold eight acres of the project to Cincinnati, Ohio-based Kroger Co.
Cole Taylor, a Chicago based lender, is providing the construction financing for the project.
-
Report: A&P to be considering bankruptcy
Montvale, N.J. -- A report Friday said that Great Atlantic & Pacific Tea Co. may file for bankruptcy in the coming days to restructure debt.
Citing unnamed sources, Bloomberg reported that a filing to reorganize under court protection may come as soon as this weekend. A&P hired law firm Kirkland & Ellis LLP to represent it in negotiations with creditors and in any Chapter 11 proceeding, according to the report.