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Huge American real estate group buys Bolton Shopping Park


A SHOPPING centre in Bolton has been bought up by one of America s largest property firms in a landmark deal.
Bolton Shopping Park, off Trinity Street, in the town centre has been bought by American real estate company Time Equities Inc (TEI) in a multi-million pound deal with London-based Greenridge Investment Management.
Bolton Council says this confirms the town is now an attractive investment location for companies across the world.
It is also being described as a strong vote of confidence in the town s regeneration plans going into the future.
The shopping park has been a mainstay of town centre retail for many years, housing a Sainsbury s, Decathlon, TK Maxx, and more. ....

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The reason a huge New York business decided to buy a shopping park in Bolton


The reason a huge New York business decided to buy a shopping park in Bolton
The site has been snapped up in a massive £15.2m deal
Updated
Bolton Shopping Park, just outside the town centre, has just been purchased.
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This old shopping park on the outskirts of Bolton town centre has become the target for a huge global investor. ....

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Brix at Midtown purchased by New York real estate group - Grand Rapids Business Journal


Grand Rapids Business Journal
Courtesy Time Equities, Inc.
New York-based Time Equities, Inc. (TEI) announced the acquisition of the Brix at Midtown, a 250,524-square-foot multifamily property in Grand Rapids for $68.25 million. 
The purchase is TEI’s 13th acquisition in Michigan and third multifamily property in Grand Rapids, along with Icon on Bond and 601 Bond. The acquisition also is the highest sales price for a multifamily development in Michigan since 2019.
“The purchase of The Brix, a large, well-located asset, is a strategic opportunity to expand our multifamily platform and foothold in Michigan and more specifically, Grand Rapids,” said Brad Gordon, TEI’s director of acquisitions. “Grand Rapids is a market we are very optimistic about given its strong job growth and a growing downtown. We have experienced great success with Icon on Bond and 601 Bond and expect to achieve the same with The Brix. We are constantly seeking properties that p ....

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