Z Capital Partners acquires Famous Brands
Broomfield, Colo. — The largest shareholder of Famous Brands, Z Capital Partners, a private equity firm, has acquired the remaining minority ownership stake in the company from The Carlyle Group.
Famous Brands is the parent company of TCBY Yogurt and Mrs. Fields Cookies.
Sold: Danada Square East in Chicago MSA
Oakbrook Terrace, Ill. — Mid-America Real Estate Corp. has brokered the sale of Danada Square East, a 202,036-sq.-ft. grocery anchored shopping center in the Chicago suburb of Wheaton, Ill. Dominick’s anchors the center.
Newport Capital Fund I purchased the property for $31,625,000 from CBRE Global Investors.
Stater Bros. will acquire Moreno Valley Albertsons
San Bernardino, Calif. — Stater Bros. has announced an agreement to purchase the recently closed Albertsons in Moreno Valley, Calif.
The 43,670-sq.-ft. supermarket will be the fourth location for Stater Bros. in Moreno Valley.