Mission Shore Management has sold 105,869-square-foot Fairmont Preston Plaza in the Houston suburb of Pasadena, Texas. JLL Capital Markets brokered the deal on behalf of the seller, while HighStreet Net Lease Group represented the buyer, a company calling itself JKZ ...
Minneapolis/St. Paul Business Journal Phillips Edison & Co. Inc. has paid $27.65 million, or $242.54/sf, for Prairieview Center, a 114,000-square-foot retail property in Eden Prairie, Minn. The Cincinnati REIT acquired the shopping center from United Properties of Minneapolis. Prairieview Center ...
A venture of Acadia Realty Trust and Osiris Ventures has paid $113.5 million, or $3,877/sf, for the 29,270 square feet of retail space at two buildings on Newbury Street in Boston's Back Bay area. The venture purchased the 10,328 sf ...
Crain's Chicago Business MetLife Investment Management is planning a $170 million renovation of the 818,000-square-foot Water Tower Place shopping mall along Chicago's Magnificent Mile. MetLife took control of the property in 2022 after its previous owner, Brookfield Properties, opted to walk ...
Brixton Capital has paid $29.4 million, or $275.18/sf, for Las Palmas Village, a 106,838-square-foot retail center in Las Vegas. The Solana Beach, Calif., investment firm acquired the property, at 445 East Windmill Lane, from a group of Australian investors that ...
JSRE Acquisitions has paid $40 million, or $3,846/sf, for the 10,400-square-foot retail building at 713 Madison Ave. on Manhattan's Upper East Side. The New York investor bought the six-story building from French luxury retail company Longchamp, which acquired it in ...
Randal Square, at 1460 South Randall Road, is 96% occupied with a 30,000-sf Marshalls anchoring it. Other tenants include a 25,000-sf Nordstrom Rack, an 18,000-sf PetSmart, and a 13,000-sf Uncharted.
The property is fully occupied by a Bank of America branch. The building also has 12,400 sf of air rights.
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