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Outlets of Little Rock center changes hands Outlets of Little Rock center changes hands A major real estate transaction noted: County records show the Outlets of Little Rock, the shopping center on Bass Pro Parkway near Otter Creek, was sold last month for $10 million to Little Rock Outlets Real Estate Holdings. The seller was NED Little Rock LLC, an entity of Massachusetts-based New England Development. Advertisement The property is appraised by the county assessor at $61 million and at one point it carried a $68 million mortgage from Bank of America, but that lien has been released in consideration of payment of a portion of the indebtedness, records show. The buyer is linked to a New York company whose manager is Mehran Kohansieh, also known according to other press accounts as Mike Kohan, whose activities are detailed here. He’s been buying properties despite a difficult time for retailers. ....
While the coronavirus pandemic dominated the headlines in Weymouth in 2020, it was also a year that saw a great deal on the development front, including the compressor station coming online, a groundbreaking for a new Chapman School, the new Tufts Library opening and a changing of the guard at Union Point. In January, the Southfield Redevelopment Authority board of directors voted unanimously to name Brookfield Properties as the new master developer for Union Point, the 1,440-acre former air base in Weymouth, Rockland and Abington. Brookfield Properties, partnering with New England Development and Tony Green, is the fourth master developer to oversee the troubled project since the base closed in 1995. The latest, LStar, was ousted in 2019 amid accusations of infighting and financial mismanagement. ....
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