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BIG USA, RealtyLink Acquire Shopping Center in Greenville

by John Nelson October 29, 2014

GREENVILLE, S.C. — BIG Shopping Centers USA (BIG USA) and RealtyLink LLC have entered into a joint venture agreement to purchase Crosspointe Plaza, a 124,200-square-foot shopping center in Greenville. Beverly Hills, Calif.-based BIG USA secured an 85 percent interest in the property and RealtyLink is maintaining the balance. The shopping center is located across the street from Haywood Mall, Greenville’s only shopping mall. The shopping center is fully leased to tenants such as T.J. Maxx, DSW Shoe Warehouse, JoAnn Fabrics and Crafts, Burkes Outlet, Up 2 Us Furniture, Jason’s Deli and Chipotle Mexican Grill. The shopping center was originally constructed in 1989 and redeveloped by RealtyLink in 2013.

October 29, 2014

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HFF Arranges Acquisition Financing for Multifamily Properties in Metro Dallas

by Haisten Willis October 24, 2014

RICHLAND HILLS AND FORT WORTH, TEXAS — HFF has arranged $46.7 in acquisition financing for two metro Dallas apartment complexes, The Bluffs at Ironhorse and Stone Villas. The Bluffs at Ironhorse is a 490-unit complex located in North Richland Hills. Stone Villas is a 396-unit apartment complex in northwest Fort Worth. HFF worked on behalf of the borrower, Oxford Enterprises Inc., to secure financing for the properties in two separate transactions. The Bluffs at Ironhorse was financed with a $34.7 million, 10-year, fixed-rate Fannie Mae loan through M&T Realty Capital Corp. The $12 million balance sheet loan for Stone Villas was placed with M&T Bank. Adam Herrin led HFF’s debt placement team.

October 24, 2014

HOK Designs New $17 Million Patient Care Center at University of Missouri-St. Louis

by Danielle Everson October 15, 2014

ST. LOUIS — HOK has designed a new $17 million patient care center for The University of Missouri-St. Louis (UMSL) Colleges of Optometry and Nursing. The 48,000-square-foot facility will expand the eye-care services offered through the existing University Eye Center. The facility will also incorporate the latest technology needed to advance eye and vision research. Scheduled to open in 2016, the center will include space for campus and community partners to offer complementary healthcare services, such as dental and primary care. UMSL has the only optometry program in Missouri and one of just 21 nationwide. Funding for the new center came in part from a supplemental fee that will be assessed to optometry students. It is also funded by internal reallocations within the college and campus reserves. The improvements to the College of Optometry are the first phase of planned capital improvements for the UMSL campus.

October 15, 2014

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