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Westwood Financial Adds Two Sprouts-anchored Shopping Centers to Portfolio
The 92,504-square-foot Boardwalk at Anderson Springs shopping center in Chandler, AZ Los Angeles-based Westwood Financial, an owner and operator of national grocery-anchored properties, purchased two Sprouts-anchored shopping centers in Chandler,...

Atlanta’s Selig Set to Strike
Pictured: Steve Selig at ICSC RECon in Las Vegas.Credit: Tony Wilbert of CoStar Group Inc.Venerable Atlanta developer Steve Selig is looking forward to his firm’s development spree, though it would be much easier to look back in sadness. Selig is chairman...

Under Bright Lights of Vegas, Murphy Reflects on Real Estate Hero
New Market Properties president and CEO Joel Murphy (pictured right) at the Hartman Simons party at Paris Las Vegas.Credit: Tony Wilbert of CoStar Group.On Sunday night, as ICSC RECon revved up at the Hartman Simons party at Paris Las Vegas, Joel Murphy...

Q&A: Mark Toro Talks About Retail's Next Big Thing
Experiential retail remains one of the hottest trends in real estate development, and Cincinnati-based North American Properties helped make it that way with landmark mixed-use projects such as Avalon north of Atlanta. Despite the national retail and...

XPO Logistics Takes 455,000 SF in McDonough
XPO Logistics has finalized a deal to lease a large-scale warehouse within the Greenwood Industrial Park in McDonough, GA, for five years. One of the world's ten largest providers of transportation and logistics services, Greenwich, CT-based XPO will...

Investors Continue to Bag Grocery-Anchored Centers
Pictured: The Kroger-anchored Clearwater Crossing in Flowery Branch, GA.Grocery-anchored centers were last year's hottest retail property, but as new openings slow, it might be hard for them to retain their No. 1 position. In 2017, investment in centers...

InterCapital Partners Pays $27.3 Million for Villas at West Ridge
InterCapital Partners, a multifamily investment firm out of Houston, has acquired the Villa at West Ridge Apts. in Lithia Springs, GA. Adams LaSalle Realty sold the property for $27.325 million, or about $119,000 per unit. The multifamily community...

New York Investor Takes Back Buildings
The F-word is returning to metro Atlanta. Taconic Capital Advisors, Axonic Capital and The Arden Cos. this month foreclosed on a 21-property portfolio with properties in two business parks in metro Atlanta owned by High Street Realty Co. of Boston...

Blackstone Rolls Up AmericasMart in Atlanta to Expand in Showroom Mart Sector
Blackstone-owned International Market Centers (IMC) will acquire its largest competitor in a move that will transfer ownership of more than 7 million square feet of showroom mart space from a company started by the late John Portman. Las Vegas-based...

Dilweg Shoots, Scores with Hawks Renewal
The Atlanta Hawks are padding their headquarters nest. The NBA team just signed an eight-year lease renewal at 101 Marietta St., a Downtown office tower diagonally opposite from Philips Arena, where the Hawks play their home games. The renewal covers...

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