DLC has sold the Town Centre in Murfreesboro, Tenn. to St. Louis-based Integris Ventures, according to JLL, which brokered the deal on behalf of the seller.
Slate Retail, a Canada-based REIT, has acquired Good Homes Plaza in Ocoee, Fla., the second Publix-anchored center to change hands this week in the Orlando metro.
Next door to supermarkets is place for retailers to be, think board members of the Phillips Edison Grocery Center REIT I, and they trust investors will agree.
An activist hedge fund has purchased a 5% stake in Macerich, according to a CNBC report, sending the company’s shares up 12% and fueling talk it could push for a sale of the mall owner.
A 44,095-sq.-ft. center serving the Disney-planned community of Celebration, Florida, has been acquired by Ben Hur Investments of New York for $29.5 million.