NEW YORK CITY-SL Green and developer Jeff Sutton acquire leasehold interests in two Manhattan buildings with ground-floor retail. The firm, mainly an office-asset holder with 18.2 million sf around the city, now holds 173,000 sf of retail in five buildings.
DRAPER, UT-The Swedish retailer is planning a spring ground breaking and an opening the following year for the 310,000-sf store. Ikea will also sell 13 acres adjacent to its 22.5-acre site to complementary retailers and other uses.
BIRMINGHAM, AL-An Australian JV takes the six centers, which are scattered throughout the Southeast. Colonial will continue to lease and manage the centers.