Tuesday, October 23, 2012

Macerich Acquires Two NY Malls For $1.25B




National





Macerich Acquires Two NY Malls For $1.25B



NEW YORK CITY-According to a statement released Monday morning, the company has acquired the Kings Plaza Mall in Brooklyn and the Green Acres Mall in Valley Stream, NY, for approximately $1.25 billion.











Normandy Acquires 575 Lex For $360M



NEW YORK CITY-The company's senior vice president Paul Teti tells GlobeSt.com's Jacqueline Hlavenka that the 743,240-square-foot building will be upgraded to 2012 standards.









California





$184M ARTIC Transportation Facility Breaks Ground



IRVINE, CA-The City of Anaheim, OCTA and KTGY Group Inc. break ground on the multimodal transportation facility that will connect Anaheim, Orange County, Southern California and beyond.









Berkeley Point Capital Adds to Santa Monica Team



SANTA MONICA-Alex Katz comes on board as a director in the company's office here.






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