Sources: Ratkovich Closes on Macy's Plaza

(Save the dates:  RealShare Apartments East  comes to the  Hyatt Regency in Miami, FL, on February 26, and RealShare Los Angeles  comes to the Hyatt Regency Century Plaza in Los Angeles, CA, on March 27.)

LOS ANGELES-While sources involved would not respond to GlobeSt.com regarding details of the deal, several industry sources familiar with the situation say that the Ratkovich Co. has completed its purchase of Macy’s Plaza in Downtown L.A. from owner Jamison Services Inc. Chris Wilson, founder and chairman of Wilson Commercial Real Estate, tells GlobeSt.com that the property has been sold, and while it was also rumored that Macy’s was not signed on as a continuing tenant, Wilson says the long-established retailer is not on the store closure list.