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Real Estate Investments (Tables)
6 Months Ended
Jun. 30, 2019
Real Estate [Abstract]  
Schedule of business acquisitions

The following tables detail the shopping centers acquired or land acquired or leased for development or redevelopment:

 

(in thousands)

 

Six months ended June 30, 2019

 

Date Purchased

 

Property Name

 

City/State

 

Property Type

 

Ownership

 

Purchase

Price

 

 

Debt

Assumed,

Net of

Premiums

 

 

Intangible

Assets

 

 

Intangible

Liabilities

 

1/8/19

 

Pablo Plaza (1)

 

Jacksonville, FL

 

Operating

 

100%

 

$

600

 

 

 

 

 

 

 

 

 

 

2/8/19

 

Melrose Market

 

Seattle, WA

 

Operating

 

100%

 

 

15,515

 

 

 

 

 

 

941

 

 

 

358

 

6/18/19

 

The Field at Commonwealth Ph II (2)

 

Chantilly, VA

 

Development

 

100%

 

 

4,083

 

 

 

 

 

 

 

 

 

 

6/21/19

 

Culver Public Market

 

Culver City, CA

 

Development

 

100%

 

 

1,279

 

 

 

 

 

 

 

 

 

 

6/28/19

 

6401 Roosevelt

 

Seattle, WA

 

Operating

 

100%

 

 

3,550

 

 

 

 

 

 

 

 

 

 

Total property acquisitions

 

 

 

 

 

 

 

$

25,027

 

 

 

 

 

 

941

 

 

 

358

 

 

(1) The Company purchased a .17 acre land parcel adjacent to the Company's existing operating Pablo Plaza for redevelopment.

(2) The Company purchased The Field at Commonwealth Ph II, which is land adjacent to an existing operating property, for future development.  

 

(in thousands)

 

Six months ended June 30, 2018

 

Date Purchased

 

Property Name

 

City/State

 

Property Type

 

Ownership

 

Purchase

Price

 

 

Debt

Assumed,

Net of

Premiums

 

 

Intangible

Assets

 

 

Intangible

Liabilities

 

1/2/18

 

Ballard Blocks I

 

Seattle, WA

 

Operating

 

49.9%

 

$

54,500

 

 

 

 

 

 

3,668

 

 

 

2,350

 

1/2/18

 

Ballard Blocks II

 

Seattle, WA

 

Development

 

49.9%

 

 

4,000

 

 

 

 

 

 

 

 

 

 

1/5/18

 

Metuchen

 

Metuchen, NJ

 

Operating

 

20%

 

 

33,830

 

 

 

 

 

 

3,147

 

 

 

1,905

 

1/10/18

 

Hewlett Crossing I & II

 

Hewlett, NY

 

Operating

 

100%

 

 

30,900

 

 

 

9,700

 

 

 

3,114

 

 

 

1,868

 

4/3/18

 

Rivertowns Square

 

Dobby Ferry, NY

 

Operating

 

100%

 

 

68,933

 

 

 

 

 

 

4,993

 

 

 

5,554

 

5/18/18

 

Crossroads Commons II

 

Boulder, CO

 

Operating

 

20%

 

 

10,500

 

 

 

 

 

 

447

 

 

 

769

 

Total property acquisitions

 

 

 

 

 

 

 

$

202,663

 

 

 

9,700

 

 

 

15,369

 

 

 

12,446