Thompson Hine Helps DDR Snap Up Ariz. Mall For $125M

Law360, New York (August 23, 2012, 7:16 PM EDT) -- DDR Corp. has closed on a two-part deal worth $125.4 million to pick up a massive Tucson, Ariz., shopping mall from real estate companies Barclay Group and Creswin Properties Inc., broker Lee & Associates Licensing and Administration Co. LLC said Wednesday.

The deal gives real estate investment trust DDR the fully developed portions of the Tucson Spectrum Shopping Center, as well as seven developable retail pads, which together total more than 1 million square feet, Lee & Associates said. Because the property was built in two...
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