News Formal

Irving retail center gets new ownership with CBRE Investment Management partnership

  • 📰 dallasnews
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 71%

Business News News

Business Business Latest News,Business Business Headlines

CBRE Investment Management is buying a stake in the MacArthur Park shopping center in Irving.

“Neighborhood centers, such as MacArthur Park, fill a need for people who are working from home and want to run errands or meet friends for lunch near their home offices,” CBRE Investment Management’s Sondra Wenger said in a statement.

“Las Colinas is a highly engaged community that recognizes the value of places like MacArthur Park for social connection as much as everyday convenience,” Edens chief investment officer Jami Passer said in a statement. “Our partnership with CBRE Investment Management on the recapitalization of this important asset reflects a commitment to the property’s viability and stewardship as a successful retail destination.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 18. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ares Management stock holds gains despite broad market losses on stronger-than-expected profitAres Management Corp. stock was up 1.5% on Tuesday after beating its second-quarter earnings target, despite losses in financial stocks. Ares reported an...
Source: MarketWatch - 🏆 3. / 97 Read more »