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Banyan Strategic Realty Trust Acquires Partner''s Interest in Northlake Tower Festival Mall.

Publication: PR Newswire
Publication Date: 15-MAR-02
Format: Online - approximately 597 words
Delivery: Immediate Online Access

Article Excerpt
OAK BROOK, Ill. -- Banyan Strategic Realty Trust announced today that it has acquired the interests of its partner, M & J Wilkow, Ltd., in the Northlake Tower Festival Mall in Atlanta, Georgia. The shopping center was previously owned by Banyan and affiliates of Wilkow in a joint venture. In addition, Banyan announced that the property manager has been changed from M & J Wilkow, Ltd. to Spectrum Cauble Management, LLC of Atlanta, Georgia.

The purchase price paid to Wilkow by Banyan was $1.3 million, adjusted by certain...

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