News-Record.com

The North Carolina Piedmont Triad's top go-to source for News
A service of the News & Record, Greensboro, North Carolina

Home

Biz Buzz

« And speaking of VF ... | Main | Furniture Brands International takes 2nd rating hit »

Local shopping centers change hands

A handful of area shopping centers changed hands this week as part of a merger deal between two real-estate companies.

Ohio-based Developers Diversified took ownership of Adams Farm, Golden Gate and phases one and two of the Shoppes at Wendover Village in Greensboro, said Darryl Crater, a spokesman for Inland Retail Real Estate Trust. The Ohio company also took over Forestdale Plaza in Jamestown.

The shopping centers were part of Developers Diversified's $6.2-billion acquisition of more than 300 properties from the real estate investment trust, a division of the big-name Inland Real Estate Group of Companies.

Due to recent automated spamming attacks on our blogs, we are temporarily requiring commenters to authenticate themselves via TypeKey® before posting comments to any News & Record blog in order to prevent denials of service. We sincerely apologize for the inconvenience.

Post a comment

Users who post comments to this blog tacitly agree to observe the News & Record Online Service Terms of Use and Content Submission Agreement. Comments which do not adhere to the terms of this agreement may be removed and the submitter may be banned from further participation. Please use the feedback form at the bottom of any page to report abuse of this feature.

ADVERTISEMENT
ADVERTISEMENT

Search

Search

Channels
Font Size
Tools
Question, Comment or Suggestion? Please contact us.

News & Record and NRinteractive

200 E. Market Street, Greensboro, NC 27401 (336) 373-7000 (800) 553-6880
1813 N. Main Street, High Point, NC 27262 (336) 883-4422
203 E. Harris Place, Eden, NC 27288 (336) 627-1781
4213 S. Church Street, Burlington, NC 27215 (336) 449-7064

Copyright (C) 2008 News & Record and Landmark Communications, Inc.