Data centers are popping up in lower-income neighborhoods, fewer retail stores are shutting down, and British homebuyers are looking for air-conditioned residences. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 10-14....
Prudent Growth Partners LLC, a private equity real estate firm based in Chapel Hill, NC, has completed its $7.4 million acquisition of Scenic Square, a 28,850-square-foot neighborhood retail center located in the Dallas-area suburb of Rowlett, Texas, within the...
TPG Real Estate, a San Francisco-based alternative asset management firm, was joined by three investment partners in acquiring ECHO Realty, an owner/operator of grocery-anchored retail real estate, in a transaction valued at approximately $2 billion....
The investment firms Bain Capital and 11North Partners announced their joint venture acquisition of five open-air retail centers located across four states for approximately $300 million. Collectively, the portfolio totals approximately 757,000 square feet and spans...
Centennial, a Dallas-headquartered retail operating platform, announced that founder and CEO Steven Levin will retire on June 30. Levin established Centennial in 1997 and grew the company into a national retail real estate owner and operator overseeing more than 25...