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Inland Diversified Real Estate Trust has paid $15.2 million for the 99,734-square-foot Lima Marketplace in Fort Wayne, Ind. The Oak Brook, Ill., REIT, whose shares do not trade on any exchange, could pay another $3.5 million under an earn-out agreement ...
Lamar Cos. has paid $21 million for Covington Plaza, a 199,071-square-foot retail property in Fort Wayne, Ind. The Morristown, N.J., firm acquired the property from Peter Bobeck, a Fort Wayne investor in a deal brokered by Marcus & Millichap. Covington ...
November 6, 2003Commercial Real Estate Direct Staff ReportGeneral Growth Properties (NYSE:GGP) has completed its acquisitions of the three malls it recently agreed to buy in separate deals totaling about $550 million.General Growth paid $270 million for the Maine Mall, a ...
October 17, 2003 General Growth Properties (NYSE:GGP) has purchased three malls for about $550 million.The Chicago REIT acquired: Maine Mall of South Portland, Maine; Glenbrook Square mall in Fort Wayne, Ind.; and Sikes Senter in Wichita Falls, Texas.Each of the ...
89 percent occupied and is anchored by L.S. Ayers, J.C. Penney, Marshall Field's and Sears
September 11, 2003 Key Bank has provided $63 million of mortgage debt for Jefferson Pointe, a 544,000-square-foot shopping center in Fort Wayne, Ind.The property, which is 91 percent leased, is anchored by a 134,000-sf Von Maur department store and an ...
January 7, 2003Apple Glen Crossing, a new 150,322-square-foot regional shopping center in Fort Wayne, Ind., has traded hands for $18.8 million.Trademark, a Fort Worth, Texas, developer that built the power center, sold the property to Boston-based Heritage Realty REIT.John Riser ...
at 1410 Apple Glen Blvd.; shadow anchored by Wal-Mart and Kohl's
September 19, 2002 Related Capital Co. has provided $17 million of financing to NRP Group to build Preston Pointe Apartments at Inverness Centre, a 192-unit complex being developed in Fort Wayne, Ind.Related provided $3.7 million of equity in return for ...
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