Property Types Retail
Transwestern's Atlanta Office Adds Retail Expertise
May 13, 2008

Transwestern’s Atlanta office has announced that Patrick Arnold and Spencer Bomar have joined the firm to bring a retail brokerage component to Transwestern’s Atlanta operation and expand the company’s overall retail coverage into other Southeastern markets. The two retail brokerage professionals will be part of Transwestern’s national retail advisory services group. Bomar has been named senior vice president and was most recently with North American Properties in their Atlanta office. Arnold has been named a senior vice president with Transwestern. He was most recently served with Staubach in Atlanta. Arnold and Bomar will assist these companies and other retailers with site selection, lease and build-to-suit negotiation throughout Atlanta and the Southeast. In addition to representing retail tenants, Bomar and Arnold will also provide leasing and marketing expertise for the owners of shopping centers located in metro Atlanta.

 
Recent Retail Headlines
Bankrupt Filene's Basement Assets Snapped Up by Men's Wearhouse in $67M Auction
June 09, 2009
Clothing retailer Men's Wearhouse has emerged victorious from a feverish nine-hour auction of assets belonging to off-price chain Filene's Basement, which fell victim to the retail market's downward spiral and filed for Chapter 11 bankruptcy protection in early May, just two weeks after its purchase by Buxbaum Group affiliate FB Acquisition II. Acting through its affiliate, K&G Acquisition Corp., Men's Wearhouse put forth the winning bid of $67 million for 17 to 20 of Filene's store leases, as well as the leases on the company's Massachusetts corporate headquarters and distribution center, its Maryland storage facility and-- possibly most important--the Filene's Basement trade name.
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June 08, 2009
Yet another deep-pocketed real estate entity has jumped into the grave-dancing game—only please, don’t call it that, but rather strategic investment in distressed properties. The player is a newly formed investment company called Starwood Property Trust Inc., a creation of Starwood mogul Barry Sternlicht, which filed with the Securities and Exchange Commission late last week for a public offering that aims to raise half a billion dollars to do the distressed-property boogie. It will invest in not only physical properties, but mortgages and mortgage-backed securities.
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