Regency Centers will begin construction on East Washington Place, a $61 million, 378,000-sq.-ft. community shopping center in Petaluma, Calif. A 138,324-sq.-ft. Target will anchor the property. Regency plans to open...
Rouse Properties Inc. purchased Grand Traverse Mall, a 589,000-sq.-ft. enclosed regional mall in Traverse City, Mich. for approximately $66 million. The purchase price included cash payments for closing costs...
A joint venture of The Peterson Cos. and DRI Development Services LLC will develop Rock Spring Centre, a $320 million, one-million-sq.-ft. mixed-use center in Bethesda, Md. Peterson will serve as the lead developer on...
Sears Holdings Corp. made two big announcements as it continues its attempts to reverse its flagging fortunes. It will sell 11 anchor pad locations to General Growth Properties in a $270 million deal. In addition...
Equity One Inc. closed a $200 million unsecured term loan. The loan comes with a seven-year term and an accordion feature allowing for expansion to $250 million. It bears interest at the annual rate of LIBOR plus 190...
In what appears to be one of the largest retail investment sales transactions year-to-date, Australian mall operator Westfield announced a joint venture agreement with Canada Pension Plan Investment Board (CPPIB) for...
Phillips Edison’s Strategic Investment Fund I closed two CMBS loans totaling $94.5 million. The loans are secured by Bridgewater Falls Shopping Center, a 600,000-sq.-ft. shopping center in Cincinnati, Ohio, and Fort...
RBH Group, Berggruen Holdings, BRT Realty Trust, Frederick Iseman and Steel Partners Ltd. broke ground on Teachers Village, a mixed-use development in downtown Newark. When completed, Teachers Village will include 200...
Savills negotiated the sale of Springhurst Towne Center, an 830,000-sq.-ft. shopping complex in Louisville, Ky., to an institutional investor for $78 million...
