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Milan Capital buys Simi Valley shopping center
Simi Valley, Calif. — Milan Capital Management has acquired the Smart & Final Center in Simi Valley, Calif., for $16.9 million — $170 per square foot Marcus & Millichap Real Estate Investment Services represented Milan Capital and the seller, who had owned the property for 45 years.
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Family Dollar seeks new supply chain exec
A search is underway for a senior executive to lead Family Dollar’s supply chain efforts following the departure of supply chain EVP Jeffrey Macak who resigned from the company after just two months.
In a brief statement, Family Dollar said Macak resigned for personal reasons effective immediately. Macak joined Family Dollar in early September of this year after a 13-year run at Bed Bath & Beyond where he served as vp of global supply chain.