Inland Real Estate Income Trust has purchased a 159,258-square-foot retail center in Olive Branch, Miss., which is close to the Memphis, Tenn., market. The property, Wedgewood Commons Shopping Center, traded for $33.9 million. The fully leased center consists of four buildings, and an additional 10,838 square feet can be developed. Read the ChainStoreAge.com story here.
Skanska completes Portsmouth Marine Terminal offshore wind upgrade
Skanska has completed the redevelopment project for the Virginia Port Authority, upgrading 72 acres of Portsmouth Marine Terminal (PMT) and 1,500 feet of wharf that now serves as an offshore wind staging
