property type: Retail
Chelsea Buys 2 Outlet Properties for $103.3Mln
April 2, 2002 ROSELAND, N.J. – Chelsea Property Group Inc. (NYSE:CPG) has purchased two retail properties in Florida and Indiana in separate deals totaling $103.3 million.The REIT paid Simon Property Group Inc. (NYSE:SPG) $76.3 million for a 50 percent interest ...
Capital Automotive REIT Buys 14 Properties for $87Mln
April 2, 2002 MCLEAN, Va. – Capital Automotive REIT (Nasdaq:CARS) has purchased 14 properties for about $87 million.The transactions were financed through the issuance of $19 million in operating partnership units, at $21.86/share, and $48.6 million of 10-year, long-term, floating-rate ...
Orlando Premium Outlets
deal is for a 50% interest; property developed jointly by Chelsea and Simon in 2000. $500/sf sales in 2001
Prime Outlets at Edinburgh
built in 1989 and expanded in 1995. 98% leased to Eddie Bauer, GAP, Nautica, Nike and Tommy Hilfiger.
Riverstone Plaza shopping center
Riverstone Plaza was completed in 1998 and is 100 percent occupied.
Loyal Plaza
Loyal Plaza is anchored by a 102,000-sf Kmart and 67,000-sf Giant supermarket.
The Loop
The grocery-anchored retail center was developed in 2000 for about $85 million
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