Retail Value Inc., the owner of nine shopping centers in Puerto Rico, has agreed to sell its remaining properties in Puerto Rico to Kildare Acquisitions for $550 million in cash. This is the third time in the last six months that the independent publicly traded company has announced the sale of a local property. In […]
Scheduled to open sometime next year, new commercial retail development project Plaza Noroeste Commercial Center began early construction this week in the municipality of Aguadilla with an initial investment of more than $5 million. The final figure is expected to be closer to $40 million once the project is completed, this media outlet confirmed. Construction […]
Taubman Centers and New Century Development Corp. announced Tuesday that $400 million The Mall of San Juan upscale retail project will have its grand opening in two years, on March 26, 2015.
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