REAL ESTATE

Z Capital Partners acquires Famous Brands

BY Michael Fickes

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.

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REAL ESTATE

Sold: Danada Square East in Chicago MSA

BY Michael Fickes

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.

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REAL ESTATE

Stater Bros. will acquire Moreno Valley Albertsons

BY Michael Fickes

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.

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