November 4, 2002 Prime Retail Inc., a troubled REIT, has bought itself additional time to make a required debt payment.The Baltimore REIT has apparently had difficulty selling enough properties quickly enough to make the payments on the mezzanine loan, which ...
November 4, 2002 Liberty International group has taken full ownership of the Victoria Centre, a 1 million-square-foot regional mall in Nottingham, England, in a deal that values the mall around $397 million.The U.K. property company has paid 204 million pounds ...
November 4, 2002 Kmart Corp. could be planning to close hundreds of additional stores early next year.The retailer, which is operating under Chapter 11 bankruptcy protection, has identified 567 stores that it will review for possible closure early next year, ...
Deal, for a 50% stake, values the mall at $317Mln, gives Macerich full ownership; 781,000 sf non-anchor
deal is for a 50% stake; values the property at $47.4Mln
deal is for a 67% stake, valuing the center at $25.8Mln
November 1, 2002Crown American Realty Trust (NYSE:CWN) is close to buying the Wiregrass Commons Mall in Dothan, Ala.While no price could be learned, the Johnstown, Pa.-based REIT said it is paying "less than $50 million." The company has also lined ...
deal is for 226,441 sf of non-anchor space; about 80% occupied; sales of $260/sf; Dillard's, J.C. Penney, McRae's and Parisian.
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