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BRIEF-Washington Prime Group's JV with O'Connor acquires section at Pearlridge Center
March 2, 2017 / 11:09 PM / 5 months ago

BRIEF-Washington Prime Group's JV with O'Connor acquires section at Pearlridge Center

1 Min Read

March 2 (Reuters) - Washington Prime Group Inc :

* Washington Prime Group's joint venture with O'Connor acquires 180,000 SF section at Pearlridge Center

* Washington Prime Group Inc - Deal for $70.0 million

* Washington Prime Group Inc- Initially funded its share of purchase price for deal with funds from company's credit facility until debt is placed

* Washington Prime Group Inc- Co's JV plans to place approximately $40 million of secured debt on property during Q2 of 2017 Source text for Eikon: Further company coverage:

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