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Subway to open at Traders Point II
Indianapolis -- Kite Realty Group announced that Subway has leased 1,600 sq. ft. at Traders Point II, located in Indianapolis.
Traders Point is a 395,435-sq.-ft. shopping center anchored by Bed Bath & Beyond, Books-A-Million, Dick’s Sporting Goods, Marsh Supermarket, Michael’s, Old Navy, PetSmart and AMC Theatre. -
Simon Property Group announces two strategic acquisitions
Indianapolis -- Simon Property Group announced that it will acquire a 28.7% equity stake in Klépierre from BNP Paribas for approximately $2 billion.
Klépierre is a Paris-based real estate company that focuses on the ownership, management and development of shopping centers, retail properties and offices across Continental Europe. Klépierre’s portfolio includes 271 shopping centers in 13 countries, with 50% of its properties in France and Belgium, 25% in Scandinavia, and the balance in Central and Southern Europe.