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First Washington reports that effective immediately, the asset will be rebranded and named Eden Prairie Village Shopping Center as a tribute to the local community.
Zom Living of Orlando and the Moinian Group of New York City acquired the project site located one block from Biscayne Boulevard from Miami Worldcenter Associates, the developer of the $4-billion mixed-use project being developed on 27 acres that is now under construction.
Witten has closed more than $12 billion in multifamily sales. Prior to his appointment at Aimco, Witten served the last 20 years with Marcus & Millichap.
“Her corporate experience, accented by her deep roots in family business management, makes her an ideal fit for our company,” says Barry Mertz, SIOR, NAI Mertz chairman.
Colliers states that as a company-owned operation, the Charlotte office will further augment the Toronto-based firm's owned operations by adding service capabilities in what it describes as “one of America's vibrant and fast-growing markets.”
Forty540, located in the RTP/I40 Raleigh submarket, was 100% leased at the time of sale to the buyer Align Technology, which houses the company's Americas region headquarters at the property.