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Chase Properties acquires 135,000-sq.ft. Louisiana Prien Lake Shopping Center

Jan 09, 2019 - Global Banking News
Mergers and Acquisitions

Chase Properties, an Ohio, US-based shopping centre owner/operator, has announced it has acquired 135,000-square foot Prien Lake Shopping Center located in Lake Charles, Louisiana, the company said.

Terms of the transaction were not disclosed.

Prien Lake is anchored by Marshalls, Ross Dress for Less and Bed Bath and Beyond. To accommodate the seller's desire for a year-end close, Chase Properties closed on the transaction within 44 days of reaching agreement on basic deal terms. CBR...