FAIRBOURNE NEWS

Keeping you up to date with the latest news about our firm, new acquisitions, and property updates.  

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West Elm to Open First Louisville Location

January 28, 2021

An East End shopping center will soon be home to two new home décor and furniture retailers. West Elm and Pottery Barn are both coming to the Paddock Shops at 4055 Summit Plaza Drive. West Elm is a new-to-market retailer, with its closest store location in Cincinnati. Pottery Barn will be moving from Mall St. Matthews to the Paddock Shops, a store associate confirmed.

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Paddock Shops - We're Changing Louisville

September 03, 2020

The Paddock Shops in eastern Jefferson County provides wide-open spaces and fresh air between its restaurants and shops while ensuring that its management, security, and maintenance teams are practicing and promoting all public health recommendations and rules with regard to COVID-19.

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Coronavirus Disease 2019 (COVID-19) Tips

March 20, 2020

The best way to prevent illness is to avoid being exposed to this virus. The virus is thought to spread mainly from person-to-person. Between people who are in close contact with one another (within about 6 feet).  

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Redmond Town Center sells for $192 million

December 31, 2019

After half a year on the market, Redmond Town Center has new owners. Chicago-based Fairbourne Properties closed Monday on the purchase of the 22-year-old shopping center for $192 million, according to documents filed with King County.

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Natomas' biggest retail center sold for $58.44 million

October 23, 2019

One of the Sacramento region's largest retail properties is now owned by a firm from Chicago. Property records show investment group Fairbourne Properties bought both The Promenade and The Village at Sacramento Gateway properties in North Natomas in separate deals.

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New T.J. Maxx opens in Town Square Las Vegas

March 7, 2019

Bargain shoppers are making their way to Town Square Las Vegas for some browsing and buying. Discount retail chain T-J Maxx opened its doors at the outdoor shopping area.

13 Action News went around town, where mall businesses are excited to welcome their newest neighbors.

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Big Whiskey's to Debut at Town Square Las Vegas

February 5, 2019

 Big Whiskey’s American Restaurant & Bar Las Vegas is many things to many people. It’s a sports bar for sports enthusiasts, a whiskey bar for whiskey devotees, and a friendly, relaxed atmosphere for a family night out. After nearly 13 years in the Midwest, the renowned restaurant is making its way out west!

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Weingarten Realty Investors Sells Power Center in Central Florida

January 16, 2019

Weingarten Realty Investors has sold the Marketplace at Seminole Towne Center, a 484,520-square-foot retail center in Sanford, Florida, to a partnership between Fairbourne Properties and CBRE Global Investors.

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The Streets of Brentwood purchased by Chicago-based Fairborne Properties

August 28, 2018

Ownership of The Streets of Brentwood recently changed, and while the ink is still drying on the contracts, residents and tenants alike hope the shift will breathe new life into the retail hub.

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Fairbourne Properties Buys The Streets of Brentwood

July 18, 2018

Fairbourne Properties has acquired The Streets of Brentwood, a 358,615-square-foot grocery- and theater-anchored lifestyle center in Brentwood, Calif., from a fund managed by DRA Advisors. NKF Capital Markets represented both parties in the transaction.

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Arlington Highlands “Official Best of Texas “ Lifestyle Center

May 30, 2018

Some of the best restaurants and shopping in Texas can be found here. Centrally located in the DFW Metroplex, Arlington Highlands has something for everyone. Whether its a visit with the whole family or and outing with friends to your own personal outing, Arlington Highlands will definitely please!

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TH Real Estate Acquires Town Square Las Vegas

February 1, 2017

TH Real Estate has expanded its retail holdings in Las Vegas with the acquisition of an 85 percent share in Town Square Las Vegas, a 1.1 million-square-foot lifestyle center, along with minority stakeholder Fairbourne Partners.

Town Square Las Vegas. The price of the transaction for the 100-acre Class A retail center with 26 buildings was not disclosed.

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Town Square Las Vegas under new ownership

January 30, 2017

Town Square Las Vegas, the sprawling, open-air retail project south of the Strip, is under new ownership New York investment giant TIAA and Chicago-based Fairbourne Partners have acquired the roughly 100-acre property, according to an announcement Monday.

The sale closed on Friday, Clark County records indicate. The new owners did not announce the purchase price.

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Tampa Firm Partners with TIAA to Buy Vegas Mall 

January 30, 2017

A subsidiary of Tampa's Third Lake Capital has acquired an open-air lifestyle mall in Las Vegas in a transaction that industry observers peg at around a half-billion dollars. Fairbourne Properties, which is wholly owned by Third Lake Capital.