• Focused on Reinvention: Centennial Real Estate’s Big Purchase Brings New Vision to Malls
    May 19, 2016

    Shopping Center Business, May 2016  Randall Shearin   Centennial’s New Focus With an acquisition from Westfield, the company is the new kid on the block in the regional mall business. But the company has a history that is rich in retail, and in creating successful centers. The regional mall has come back into focus for a new group of investors a...

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  • Centennial Real Estate Company Hires Specialty Retail Expert
    May 12, 2016

    Deborah Georgetti-Piro Named Senior Vice President Business Development DALLAS, TEXAS, May 12, 2016 – Centennial Real Estate Company, a national owner and operator of regional malls and community shopping centers, is pleased to announce the addition of its newest retail expert. The company has named Deborah Georgetti-Piro senior vice president of business develo...

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  • Hawthorn Mall owners look to add restaurants, entertainment options
    May 05, 2016

    Chicago Tribune: Vernon Hills Review   Representatives from Hawthorn Mall's new ownership team say they want the shopping center to offer experiences that get patrons through their doors for more than just shopping. Investment firms Centennial Real Estate Company, Montgomery Street Partners, and USAA Real Estate Company bought an 80 percent stake in Hawthorn...

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  • Centennial Real Estate Company Announces Leadership Additions
    May 04, 2016

    Four New Hires Complete Highly Competitive Acquisitions and Leasing Lineup DALLAS, TEXAS, May 4, 2016 – Centennial Real Estate Company, a national owner and operator of regional malls and community shopping centers announced the appointment of four accomplished team members. Centennial has named Andrew Galvin, senior vice president, chief investment officer, Jim ...

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  • Centennial-Led Group Acquires 5 Malls in $1.1B Acquisition
    December 23, 2015

    DALLAS--Dallas-based Centennial Real Estate Co.,Montgomery Street Partners, the real estate investment affiliate of Blum Capital Partners and USAA Real Estate Co., closed on a $1.1 billion acquisition of five regional malls from Westfield Corp.  Centennial will be the managing company responsible for the daily operations of each of the cen...

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  • Westfield divests 5 shopping centers for $1.1B
    December 23, 2015

    Westfield Corp. has sold a majority stake in five US shopping centers for $1.1 billion, retaining a 20% ownership in the properties. The buyer is a joint venture among Centennial Real Estate Co., USAA Real Estate and Montgomery Street Partners. Westfield sold the properties to reduce debt and fund a property-development program. Read more here. ...

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  • Five Regional Malls Fetch $1.1B
    December 23, 2015

    Centennial Real Estate Company, Montgomery Street Partners and USAA Real Estate Company closed on a $1.1 billion acquisition of five regional malls from Westfield Corporation. “There were three appealing factors behind this transaction; prime markets, quality and availability,” Steven Levin, Centennial’s CEO, told Commercial Property Executive. &...

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  • Westfield Sells Five U.S Malls for $1.1 Billion to Cut Gearing
    December 23, 2015

    Westfield Corp. has sold five shopping malls in the U.S. for $1.1 billion to reduce gearing and fund a property development program. The sale along with another transaction in November would give Westfield about $1 billion in net proceeds, and reduce gearing -- its debt as a percentage of equity capital -- by 3 percent, the Australian owner of malls in U.S. and U.K. sa...

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