Dollar Tree Acquires Almost Half of 99 Cents Only Stores
Dollar Tree is giving more than its two cents, with the purchase of 170 storefronts previously owned by 99 Cents Only Stores.
Source: commercialobserver.com
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iBorrow Provides $47M Refi for Nationwide Industrial Portfolio
IBorrow finalized the loan, in conjunction with Walker & Dunlop, for a 2.2 million-square-foot portfolio owned by Alto Real Estate Funds.
Source: commercialobserver.com
Dedeaux Properties Subsidiary Pays $190M for Asset - Los Angeles Business Journal
In what Kidder Matthews said is the third-largest industrial sale in Los Angeles County this year to date, Dart Warehouse Corp., a sub-branch of Santa Monica-based Dedeaux Properties, has acquired an 882,000-square-foot distribution facility in Commerce for $190 million.
Source: labusinessjournal.com
Sunday Summary: A Band-Aid for Rite Aid – Commercial Observer
Rite Aid filed for Chapter 11 and there were big leases for Ralph Lauren and The New York City Administration for Children’s Services.
Source: commercialobserver.com