May 24, 2013
COLONIAL SELLS THREE RAVINIA IN ATLANTA FOR $144.3M
ATLANTA — Colonial Properties Trust has sold Three Ravinia, an 814,000-square-foot Class A office asset in Atlanta, for $144.3 million. The property is 92.1 percent occupied. Colonial plans to use proceeds from the sale to repay a portion of its outstanding balance on the company's unsecured credit facility.
 
   
MORGAN PROPERTY BUYS LAND IN VIRGINIA FOR NEW 7-ELEVEN
HARRISONBURG, VA. — Morgan Property Group (MGP) has acquired land for the development of a new freestanding 7-Eleven store in Harrisonburg. MPG acquired the 1.1 acres from Trenton Inc. for $1 million. 7-Eleven Inc. will lease the project and develop a 2,940-square-foot convenience store with six pumping stations. MPG will break ground on the new store in June. The store is expected to open this fall.
 
   
BELK REMODELS, EXPANDS ARKANSAS STORE
PARAGOULD, ARK. — Belk, the mid-range department store chain, is expanding and remodeling its store at the Town West Shopping Center in Paragould, located in northeast Arkansas. The $1.8 million project will add 10,000 square feet of space for a total of 48,000 square feet. The remodeling project will also include updated decor, new paint, carpet, tile aisles and lighting. The expansion will be complete in late September, prior to the store's grand reopening in October.
 
   
TOWN POINT CLUB RENEWS LEASE AT WORLD TRADE CENTER
NORFOLK, VA. — Town Point Club Inc. has renewed its lease for 18,394 square feet of office space in the World Trade Center, located at 101 W. Main St. in Norfolk. Town Point Club is a private business club comprised of formal and casual dining areas, meeting rooms, business center, bar, lounge and smoking room. The membership includes business executives, military officers and entrepreneurs. Michael Divaris of Divaris Real Estate Inc. represented the tenant in the deal.
 
   
Southeast

 

 
 
 
July 15, 2014
Honolulu, HI: Retail
July 23, 2014
CIT TO ACQUIRE ONEWEST BANK FOR $3.4 BILLION IN CASH AND STOCK
July 22, 2014
ENCORE PURCHASES EIGHT FIVE GUYS RESTAURANTS IN CALIFORNIA
July 21, 2014
$160M RIVERFRONT APARTMENT DEVELOPMENT BREAKS GROUND IN CHICAGO
July 18, 2014
PEBBLEBROOK HOTEL TRUST BUYS THE NINES HOTEL IN PORTLAND, ORE., FOR $127M
July 17, 2014
U.S. EQUITIES REALTY, CBRE GROUP COMBINE CHICAGO OPERATIONS
July 16, 2014
KIMCO REALTY PURCHASES 10-PROPERTY SHOPPING CENTER PORTFOLIO FOR $276M
 
         


© COPYRIGHT 2009 FRANCE PUBLICATIONS, INC.