Time Equities Inc. acquires 62,428 s/f shopping center for $3.8 million

Time Equities Inc. (TEI) has purchased Gateway Plaza, a 62,428 s/f shopping center located at 2701 Church St. for $3.8 million. "This area of South Carolina is thriving and we see wonderful growth potential here," said Ami Ziff, Director of National Retail for TEI. "The Gateway Plaza is a well-situated property in a busy retail district. We look forward to bringing new retailers into the Shopping Center." Jeff Winokur of J H Winokur, Inc., represented TEI. "This is one of our first major ventures into shopping centers in South Carolina. The location of this property makes it a prime investment for us," said Francis Greenburger, chairman of TEI. "We look forward to seeking out more assets in South Carolina to bring our national retail expertise to local properties."

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AmTrustRE completes $211m acquisition of 260 Madison Ave.

Manhattan, NY AmTrustRE has completed the $211 million acquisition of 260 Madison Ave., a 22-story, 570,000 s/f office building. AmTrustRE was self-represented in the purchase. Darcy Stacom and William Herring

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