Israeli firm Aviv acquires $52M Indianapolis center

08/29/2010 | Globes (Israel)

Aviv Arlon Global, a joint venture between Aviv & Co. and Arlon Global, has acquired a shopping center in Indianapolis from its court-appointed receiver for $52 million. The Metropolis center is 81% occupied and anchored by Rave, Old Navy, Victoria's Secret and Barnes & Noble. The purchase is Aviv's second retail center in the U.S. -- and double the size of its first, a shopping center in Bonita Springs, Fla.

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Globes (Israel)

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