Westwood Town Center sold
New York City — Westwood Town Center, a shopping center located in West Seattle, has sold for $78.1 million.
The buyer was MEPT Westwood Village LLC. The seller was Wesbild Holdings of Vancouver, B.C.
Newmark Realty Capital of Seattle arranged $39 million of the financing of the center.
Tutti Frutti Yogurt leases restaurant space at Regency Centers’ Legacy Center
Frisco, Texas — Jacksonville, Fla.-based Regency Centers said it has leased restaurant space to Tutti Frutti Yogurt, which will open a 1,412-sq.-ft. store at Legacy Center, in Frisco, Texas.
The specialty frozen yogurt retailer is slated to open its new store in July.
The 119,500-sq.-ft. shopping center includes national retailers such as Starbucks, Subway, Great Clips and The UPS Store.