✉news BusinessRetail first seen 10 h ago, last 8 h ago, peak #20
Pacific Retail and Conversant Capital buy Ventura mall
Original: Pacific Retail, Conversant Capital form JV to buy Ventura mall
Pacific Retail Capital Partners and Conversant Capital have formed a joint venture to acquire a mall in Ventura, California. The deal signals continued investor interest in repositioning regional shopping centres, with Pacific Retail known for taking over struggling malls and redeveloping them. Details on the purchase price and the partners' plans for the property were not disclosed in the initial reports.
Why now: A new joint venture acquiring a major retail property draws attention amid ongoing restructuring of US malls.
Pacific Retail Capital PartnersConversant CapitalVenturaPacific OpenSpace
Rank over time, top of the chart is #1. 3 snapshots from 10 h ago to 8 h ago.
Evidence
- Pacific Retail, Conversant Capital form JV to buy Ventura mall · The Real Deal
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