Steadfast Cos. said Wednesday that financial services industry veterans Greg Brakovich and Jamie Shepherdson have joined forces with the company to provide advisory services and to facilitate the strategic expansion of the sales and the distribution effort for the company’s privately placed and publicly registered investment products.
Beverly Hills, Calif.-based Cardinal Equities, through its affiliate Paradise Capital Group, said it has acquired from U.S. Bank a 50,000-sq.-ft. retail and office complex in Dos Vientos Ranch, a master-planned community in Thousand Oaks, Calif.
Wal-Mart Stores is ramping up the opening of its mid-sized Neighborhood Market format, which is being renamed Walmart Market, said Bill Simon, president and CEO, Walmart U.S., on Wednesday at the William Blair & Co. Growth Stock Conference in Chicago.
Karlin Real Estate has acquired through foreclosure two Phoenix, AZ-area shopping centers totaling nearly 220,000 sq. ft., following the firm's purchase of a non performing loan portfolio with an aggregate unpaid principal of approximately $65.5 million.
The Retail Industry Leaders Association, the International Council of Shopping Centers and Paladino and Co., announced Tuesday a collaborative discussion among retailers and commercial shopping center developers to bridge the current landlord and tenant divide that exists around creating sustainable, energy-efficient retail stores in the United States.
O’Neill Properties Group announced that Bass Pro Shops has signed a letter of intent for a 200,000-sq.-ft. store at The Point, in Sayreville, N.J., one of the largest new mixed use developments in the United States.