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Prudent Growth Partners Buys Florida Shopping Center for $8 Million

Prudent Growth Partners Buys Florida Shopping Center for $8 Million

by Phil Hall | Jul 23, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The private equity real estate firm Prudent Growth Partners LLC has completed its $8 million purchase of the Village Shoppes of Destin, a 28,834-square-foot multi-tenant shopping center located in Destin, Florida. Built in 2007, the property is located within a retail...
Finmarc Management Buys Maryland Shopping Center for $30 Million

Finmarc Management Buys Maryland Shopping Center for $30 Million

by Phil Hall | Jul 12, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Finmarc Management Inc., a commercial real estate investment and management firm headquartered in Bethesda, Maryland, has acquired Riverview Plaza, a 185,275-square-foot shopping center in Frederick, Maryland, for $30 million. Riverview Plaza opened in 1998 and is...
Las Vegas Shopping Center Sells in Foreclosure Purchase for $24.7 Million

Las Vegas Shopping Center Sells in Foreclosure Purchase for $24.7 Million

by Phil Hall | Jul 8, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The private equity real estate investment firm Aspen Real Estate announced its $24.7 million foreclosure purchase of the Las Vegas-based Renaissance III, which it described as underperforming shopping center. Located two miles from the University of Nevada-Las Vegas,...
Boston-Area Shopping Center Sells for $86 Million

Boston-Area Shopping Center Sells for $86 Million

by Phil Hall | Jun 7, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

DLC, the Elmsford, New York-based owner/operator of open-air retail assets, has acquired the Colony Place shopping center in Plymouth, Massachusetts, for $86 million in an off-market transaction. Colony Place has more than 50 stores and is 94% leased. The shopping...
First National Realty Partners Acquires Phoenix Shopping Center

First National Realty Partners Acquires Phoenix Shopping Center

by Phil Hall | May 2, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The private equity firm First National Realty Partners (FNRP) has completed its acquisition of Horizon Village, a 113,252-square-foot shopping center in Phoenix. The financial terms of the acquisition were not disclosed. The transaction marks the firm’s entrance...
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