All that's being said about the loan is that it's a 10-year financing at a fixed rate. But, Twinrose Investments' partner Jim Tudor is talking about the acquisition of three non-contiguous buildings on outparcels of Regency Center's MacArthur Park. Tudor and his investors now own a 10,114-sf structure with a Jason's Deli as an anchor at 7707 MacArthur Blvd.; a 13,028-sf building, housing Pier One and Eyemasters, at 7805 MacArthur Blvd.; and a 15,873-sf structure, leased to Men's Wearhouse and Mattress Giant, at 901 MacArthur Park Dr. In all, they now control about seven acres nestled in the middle of at least one million sf of retail, mostly nationals.

Tudor tells GlobeSt.com that he's not holding anymore contracts at this point for any other pieces of MacArthur Park or elsewhere, but he is out there looking for product of all type. The MacArthur Park block was bought as a long-term hold. "We're not looking to chase and replace tenants," he says. "We're just looking to be good operators."

Key to the decision to buy is the property must have "some staying power," Tudor explains of the strategy of the investment group founded in 2001. Of course, the retail developer's decision to sell was based on securing an operator with the skills to maintain the persona of the shopping district. The outparcels were under control of a private investor from Oklahoma, but were bought back by the developer and then subsequently put on the market. Associate director Amy Nutz of Holliday Fenoglio Fowler LP's Dallas office arranged the acquisition financing for Twinrose Investments.