M&A Deal Summary |
|
|---|---|
| Date | 2014-08-21 |
| Target | Princess City Plaza |
| Sector | Real Estate |
| Buyer(s) | IRC Retail Centers |
| Deal Type | Add-on Acquisition |
| Deal Value | 29M USD |
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| Category | Company |
|---|---|
| Founded | 1994 |
| Sector | Real Estate |
| Employees | 141 |
| Revenue | 204M USD (2014) |
IRC Retail Centers LLC is a real estate company focused on owning and operating open-air neighborhood, community, and power shopping centers located in well-established markets primarily in the Central and Southeastern U.S. IRC Retail Centers was founded in 1994 and is based in Oak Brook, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 30 of 32 |
| Sector: Real Estate M&A | 30 of 32 |
| Type: Add-on Acquisition M&A Deals | 21 of 23 |
| State: Indiana M&A | 2 of 2 |
| Country: United States M&A | 30 of 32 |
| Year: 2014 M&A | 3 of 5 |
| Size (of disclosed) | 9 of 30 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-07-01 |
Newport Pavilion Phase I
Newport, Kentucky, United States Newport Pavilion Phase I is a 471,800-square-foot grocery-anchored power center. Newport Pavilion Phase I comprises 222,300 square feet of retail space including ground leases, which is 98% leased to Kroger Marketplace, Michaels, PetSmart, Ulta, Famous Footwear, Chick-fil-A and others. The center includes a separately-owned 134,500-square-foot Target store. |
Buy | $43M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-10-06 |
The Prairie Crossings
United States The Prairie Crossings consists of approximately 109,000 square feet of gross leasable area, including over 83,000 square feet of inline retail space plus two multi-tenant outlot buildings. |
Buy | $25M |
