FORT WORTH-Trademark Property Co. has taken on asset management and leasing responsibilities for two regional mall properties: Santa Fe Place in Santa Fe, N.M., and Westland Center in Westland, MI.
The local real estate firm also has an equity interest as operating partner in Santa Fe Place, according to Trademark Founding Partner Terry Montesi. He tells GlobeSt. that Trademark is acting on behalf of a private equity fund that acquired the notes on the malls and then took over the properties.
The malls were previously owned by a partnership comprised of Gregory Greenfield & Associates and Brown & Babcock. Jones Lang LaSalle handled the management and leasing of the centers.
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