Feb 17, 2012

Related California broke ground for The Village at Santa Monica, a $350 million mixed-use, mixed-income development in downtown Santa Monica, Calif...

Westfield/CPPIB Joint Venture Signals Strong Interest in Fortress Malls

Feb 16, 2012

The Westfield Group’s sale of a 45 percent stake in its U.S. malls to Canada Pension Plan Investment Board (CPPIB) showcases once again institutional investors’ appetite for core retail assets in the United States. In the year ahead, more and more...

Canada Pension Plan Investment Board Pays $1.8B in Equity for Stake in Westfield’s Centers

Feb 15, 2012

In what appears to be one of the largest retail investment sales transactions year-to-date, Australian mall operator Westfield announced a joint venture agreement with Canada Pension Plan Investment Board (CPPIB) for an ownership stake in 10 of...

Phillips Edison Closes $94.5M in CMBS loans on Centers in Ohio and Arkansas

Feb 13, 2012

Phillips Edison’s Strategic Investment Fund I closed two CMBS loans totaling $94.5 million. The loans are secured by Bridgewater Falls Shopping Center, a 600,000-sq.-ft. shopping center in Cincinnati, Ohio, and Fort Smith Pavilion, a 400,000-sq...