Retail
Tri-County Mall
Cincinnati, OH - Sale of 1.3 million square foot super-regional mall
Savills represented the Blackstone Group and Polaris Capital in arranging the sale of this 1.3 million square foot super-regional mall located in northern Cincinnati.
Centro Grand Caribe Mall
Vega Alta, Puerto Rico - Sale of 400,000 square foot mall
Savills represented a local Puerto Rican partnership in arranging the sale of this 400,000 square foot mall located approximately 10 miles west of San Juan.
Downtown at the Gardens
Palm Beach Gardens, FL
Savills represented Ashkenazy & Agus Ventures in its acquisition of a $140 million (face amount) permanent first mortgage from a national insurance company.
Orlando Fashion Square
Orlando, FL - Sale of 1.1 million square foot super-regional mall
Savills represented a joint venture between Colonial Properties Trust and Prudential Real Estate Investors in the sale of this 1.1 million square foot super-regional mall located in Orlando, Florida.
PREIT Mall Portfolio
Various Mid-Atlantic and Southeastern States - Sale of a portfolio of six regional malls totaling 3.3 million square feet
Savills represented Pennsylvania Real Estate Investment Trust in the disposition of a portfolio of six regional malls totaling 3.3 million square feet. The malls are located in Pennsylvania, West Virginia, Georgia and Tennessee.
Prime Retail
Five Property Portfolio - Sale of a portfolio of five outlet centers totaling 1.3 million square feet
Savills was retained by Prime Retail, Inc. to sell a portfolio of five outlet centers totaling 1.3 million square feet which are located in Massachusetts, South Carolina, Ohio, Georgia and California.
280 Broadway
New York, NY - Savills represented Blackacre Capital Management, LLC in this unusual financing.
The mortgage collateral was the tenant's interest under a 49-year leasehold estate from the City of New York covering a condominium portion of 280 Broadway a/k/a/ The Sun Building, located one block north of City Hall.