Top States: CA | DC | FL | GA | MA | NC | NJ | NY | OH | TX | WA |

CityView Commercial Announces the Acquisition of Glynn Place Mall

By :: Thu, 22 Mar 2012 11:18:31 -0400 EDT

BRUNSWICK, Ga., March 22, 2012 (SEND2PRESS NEWSWIRE) — New York based CityView Commercial LLC, led by Jimmy Khezrie and Jack Friedler, has purchased Glynn Place Mall in Brunswick, Georgia. BlueGate Partners, LLC, in conjunction with White Oak Real Estate Advisors, LLC advised Douglas Wilson Companies in its capacity as Receiver in this transaction.

Glynn Place Mall is a single-level, four-anchor regional mall consisting of approximately 502,792 square feet of gross leasable area located in Brunswick, Glynn County, Georgia. Anchors include Belk, JC Penney and Sears. An Embassy Suites hotel is also adjoined to the mall.

The property is located at the intersection of Golden Isles Parkway and Scranton Road, with excellent frontage along Golden Isles Parkway, the main thoroughfare connecting Interstate 95 to Brunswick and the resort destinations of St. Simons Island, Sea Island and Jekyll Island.

CityView Commercial is the real estate arm for the Jimmy Jazz retail chain which owns and operates more than 200 stores in 18 states. CVC focuses on distressed retail assets and has the unique ability to add their stores to their assets.

CVC’s highly motivated, in house management and leasing staff operates the properties with a high level of cost efficiency and has successfully turned around assets such as Security Square Mall in Baltimore, Southwest Center Mall in Dallas, State Street Shops in St. Louis and Overbrook Plaza in Philadelphia. CVC owns many retail properties in the N.Y. boroughs as well as in New Jersey and Philadelphia. In addition, CVC has a multi-family residential arm which owns and operates multiple apartment complexes throughout New Jersey.

More information: http://cityviewcommercial.com .

News Source: CityView Commercial LLC :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at: http://Send2PressNewswire.com .

Repost This Press Release

More Information:

More News From CityView Commercial LLC:
    Press Release Copr. © CityView Commercial LLC (or “news source”) and Send2Press® Newswire. Permission granted for reproduction by news portals, aggregators and news indexes provided original attribution to this site and news source is retained. Cannot be used for commercial purposes/advertising or keyword marketing. All other rights reserved.

    This press release has had 941 views so far.
    http://www.send2press.com/newswire/2012-03-0322-002.shtml
    		  
    DISCLAIMER: the above press release content is believed accurate but not guaranteed, and is based on business news supplied by the "news source." The noted source is solely responsible for its accuracy. Financial/Stock news may contain forward looking statements. Neotrope/Send2Press (this Web site) makes no claims of accuracy or suitability for any purpose. Any opinions expressed by representatives of company(s) mentioned in news and profiles are solely those of the person indicated, and do not reflect any opinion or policy of Neotrope® or the Send2Press® Newswire service. Your use of any information contained herein is done solely at your own risk, and you are fully responsible for using any information herein, or on sites mentioned or linked to in the article. All trademarks acknowledged.