Restaurant Financing

La Encantada in Tucson sells for $ 165.25 million

JLL Capital Markets announced today that it has closed the $ 165.25 million sale and secured $ 102 million in acquisition financing for La Encantada, a 246,256 square foot outdoor lifestyle center in Tucson, Arizona. JLL represented the seller, Macerich Company. A group of local investors bought the asset as …

Read More »

Grand Rapids company tackles textile waste

A small bag and accessory store in Grand Rapids, Michigan tries to be everything the modern textile industry isn’t. Instead of endless waste, they reuse recycled materials. They avoid factories abroad and hire local workers whom they aim to pay living and growing wages. And rather than implementing a completely …

Read More »

This Week’s LA Deals Sheet (September 9, 2021)

3301, boul. Riot Games is in the process of subletting approximately 131,000 square feet to The Beachbody Co. in Santa Monica, Trade Observer Reports. The office is at 3301, boul. in the Lantana Entertainment Media Campus, which is owned by Starwood Capital Group. Riot Games’ approximately 284,000 SF head office …

Read More »