Mid-America Real Estate Corp.’s investment sales team recently brokered the sale of Heritage Commons in Lakeville, Minnesota (part of the Minneapolis metropolitan statistical area) to Austin, Texas-based Epic Real Estate Partners.
Jeff Green, president of Jeff Green Partners, and Jerry Hoffman, president of Hoffman Strategy Group, have announced a formal collaboration to expand their companies’ work on complex, mixed-use feasibility research including retail, residential, office and hotel uses.
DTZ, a leader in commercial real estate services, announced the $52 million sale of Crossroads Towne Center in North Las Vegas -- a 148,791-sq.-ft. neighborhood retail center located on 16.34 acres -- on behalf of the sellers, a company formed by The Eagle Group, Los Angeles.
DTZ, a leader in commercial real estate services, announced that a limited partnership formed by Weingarten Realty Investors of Houston acquired The Summit at Scottsdale, a 190,408-sq.-ft. retail center anchored by Safeway and Target, for $54.1 million.
Albertsons Companies Inc., which became the second-largest grocery retailer in the United States after purchasing Safeway in January, is planning to return to public ownership with a major stock offering that has implications for trading partners and competitors.