Weingarten Realty Investors
Branch Properties Snags 2 KY Shopping Centers
In a deal brokered by Mid-America Real Estate Corp., Weingarten Realty sold Tates Creek Centre and Millpond Center, two Kroger-anchored retail assets in Lexington.
Granite Investment Names New President
Ken Hocker will be responsible for overseeing day-to-day operations, as well as for the development and implementation of the company’s strategic plan.
South FL Shopping Center Trades for $33M
JBL Asset Management has acquired Flamingo Pines Plaza, a nearly 140,000-square-foot community retail center, located in the South Florida submarket.
LA-Area Retail Center Sells for $38M
Weingarten Realty sold the 92,000-square-foot retail asset. More than half of its tenants are entering their 22nd year of contract. NKF represented the seller.
Retail RE Veteran Named Lat Purser VP
Jimmy Penman Jr. joined Charlotte-based Lat Purser & Associates in 2015 as director of leasing. He has now been promoted to the executive team and named vice president.
HFF Closes Sale of Broadway Shopping Center
The tenant roster at the 74,604-square-foot power center includes Big Lots, Da Vita Dialysis, West Marine and Subway. More than 34,800 residents live within a three-mile radius of the property, while more than 64,000 vehicles pass by daily.
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