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ORLANDO-USAA Institutional Equity LP sells the 240,000-sf, 92%-leased, copper-sheathed AmSouth Bank Building to Chicago-based Fulcrum Asset Advisors LLC for an estimated $51 million, people in a position to know tell GlobeSt.com.
ORLANDO-USAA Institutional Equity LP sells the 240,000-sf, 92%-leased, copper-sheathed AmSouth Bank Building to Chicago-based Fulcrum Asset Advisors LLC for an estimated $51 million, people in a position to know tell GlobeSt.com.
LAFAYETTE, LA-Publicly held CBL & Associates Properties Inc. acquires the 100-store mall at an initial cap rate of 6.1% based on in-place income and also ties up 28 acres of surrounding land.
CINCINNATI-Shareholders from both companies approved the merger, which will create an empire of nearly 1,000 department stores. The transaction is expected to close in the third quarter.
CINCINNATI-Shareholders from both companies approved the merger, which will create an empire of nearly 1,000 department stores. The transaction is expected to close in the third quarter.
PEARLAND, TX-Two new shopping centers are set to open within a year of each other, bringing more than 1.5 million sf of retail space. Developers say the region's rapid growth and a demand from retailers who are underrepresented in the area are the keys to success.