Sterling Organization, a private equity retail real estate investment firm based in West Palm Beach, Florida, has acquired Rossmoor Shopping Center, a 118,846-square-foot shopping center in Walnut Creek, California, for $61.1 million. Located in the San Francisco Bay...
A Phil Hall Op-Ed: Earlier today, I was scrolling through X and stumbled upon a video posted by Rep. Pat Harrigan (R-NC), a freshman member of Congress, that was taken at Fort Bragg, the military base in North Carolina. “We found out that GNC is wholly owned by the...
Variety Wholesalers, the discount retailer that acquired 219 stores from the bankrupt Big Lots chain, announced it will reopen nine Big Lots stores across six states on April 10. The reopened stores include three locations in Tennessee and single locations across...
The CFPB’s about-face, an iconic retail chain’s downfall and the rescue of a derelict Frank Lloyd Wright home. From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 24-28. Hit: An Unprecedented Oops. Once upon a time,...
Dollar Tree Inc. (NASDAQ: DLTR) announced the $1 billion sale of its Family Dollar business to the private equity firms Brigade Capital Management LP and Macellum Capital Management LLC. Dollar Tree acquired Family Dollar for more than $8 billion in 2015. However, the...