Deal of the Week archive

CBRE Brokers $45.3M Seal Beach, Calif. Sale (6/25) 

Jun 25, 2009

CB Richard Ellis (CBRE) negotiated the sale of the 144,726-square-foot Old Ranch Towne Center in Seal Beach, Calif...

Syms, Vornado Acquire Up Filene’s Empire (6/18) 

Jun 18, 2009

Apparel seller Syms Corp. and Vornado Realty Trust won the bankruptcy court auction for off-price retailer Filene’s Basement this week. Syms and Vornado agreed to pay $62.4 million in cash for the chain...

Prudential Finances Weingarten Property (6/11) 

Jun 11, 2009

Prudential Mortgage Capital Co. closed a $103 million loan for a portfolio of properties owned by Weingarten Realty Investors...

HFF to Help Inland Western Take Care of Maturing Debt (6/4) 

Jun 4, 2009

Inland Western Retail Real Estate Trust, Inc. hired the Dallas office of Holliday Fenoglio Fowler, L.P. (HFF) to assist the REIT with outstanding debt maturities for retail properties nationwide...

CBL Scores New Leasing Contract (5/28) 

May 28, 2009

NPP Development LLC, an affiliate of the Kraft Group, appointed CBL & Associates Properties, Inc. to provide landlord representation and consulting services for Patriot Place...

California Center Sells For $79 Million (5/21) 

May 21, 2009

SKT Investments bought Crossroads Marketplace, a 539,270-square-foot retail center in Chino Hills, Calif., from CRCH, LLC for $79 million...

CBL & Associates Expands Third-Party Management (5/15) 

May 15, 2009

CBL & Associates Properties, Inc. announced an initiative to expand the firm's third party management business...

Federal Realty Closes $372M Loan (5/8) 

May 8, 2009

Federal Realty Investment Trust (NYSE: FRT) closed a new $372 million unsecured term loan facility...

Shops at Grand Avenue Sold in Queens, N.Y. (5/1) 

May 1, 2009

A subsidiary of Forest City Enterprises Inc. sold the Shops at Grand Avenue, a 100,000-square-foot community shopping center in Queens, N.Y., to an affiliate of AEW Capital Management LP...

Kimco Lines up $220M Financing (4/24) 

Apr 24, 2009

Kimco Realty Corp. entered into a $220 million unsecured term loan with a consortium of 12 banks, including the Bank of Nova Scotia, Royal Bank of Canada, PNC Bank, Bank of America, N.A. and Wells Fargo Bank NA, among others...

Deal of the Week (4/17) 

Apr 17, 2009

As part of General Growth Properties' bankruptcy filing, the company secured a $375 million debtor-in-possession (DIP) loan from Pershing Square Capital Management, L.P....

Deal of the Week (410) 

Apr 10, 2009

Chicago-based Wrightwood Capital, a real estate finance and investment firm, announced the closing of the High Yield Partners II Fund with $243 million in commitments...

Deal of the Week (4/3) 

Apr 3, 2009

Macerich Co. received a commitment for a $205 million refinancing of North Bridge Center in Chicago...

Deal of the Week (3/27) 

Mar 27, 2009

Irvine, Calif.-based Faris Lee Investments completed the sale of a 24,250-square-foot portion of Trabuco Hills Shopping Center for $14.4 million in Mission Viejo, Calif...

Deal of the Week (3/20) 

Mar 20, 2009

RioCan Real Estate Investment Trust completed the previously announced acquisition of the portfolio of six grocery-anchored properties located in the greater Montreal area totaling approximately 454,000 square feet...

Deal of the Week (3/13) 

Mar 13, 2009

Los Angeles-based Arya Investments, LLC purchased the 25,049-square-foot Newport Crossing in Menifee, Calif., for $9.95 million from Santa Monica, Calif.-based Newport Murrieta Partners, LLC...

Deal of the week (3/6) 

Mar 6, 2009

CBL & Associates Properties, Inc. (NYSE: CBL) closed a $74.1 million eight-year, non-recourse loan secured by Cary Towne Center in Cary, NC, with a fixed interest rate of 8.5 percent...

Deal Of The Week (2/27) 

Feb 27, 2009

Developers Diversified Realty (NYSE: DDR), which has been battling concerns about its debt load, received a cash infusion from abroad...

Deal of the Week (2/20) 

Feb 20, 2009

A subsidiary of Cleveland-based Forest City Enterprises, Inc. (NYSE: FCE.A) secured a $161.9 million refinancing from Gramercy Capital Corp....

Deal Of The Week (2/13) 

Feb 13, 2009

Cleveland-based Developers Diversified Realty on Monday provided updates on first quarter sales activity...

Deal of the Week (2/6) 

Feb 6, 2009

New York-based real estate investment banking firm Savills LLC represented a joint venture between JP Morgan Investment Management and Centro Properties...

Deal of the Week (1/30) 

Jan 30, 2009

Sperry Van Ness negotiated the sale of Voice Road Plaza, a 131,850-square-foot community shopping center in Carle Place, N.Y., for $36.2 million...

Deal of the Week (1/23) 

Jan 23, 2009

Cohen and Co., Inc. Real Estate negotiated the sale of Ormond Towne Square, a 234,045-square-foot shopping center in Ormond Beach, Fla....

Deal of the Week (1/16) 

Jan 16, 2009

Tucker Development Corp. acquired an 11-acre site in Newark, N.J. for the development of a 200,000-square-foot shopping center...

Deal of The Week (1/9) 

Jan 9, 2009

Glimcher Realty Trust sold the Great Mall of the Great Plains, a 782,499-square-foot regional mall in Olathe, Kan. to Great Olathe Center, LLC, a group of local investors, for $20.5 million. ...

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