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Article: International Income Property Inc. acquires fifty percent ownership in its joint venture partner, Park City Center.
- Article from:
- PR Newswire
- Article date:
- October 2, 1986
CopyrightCOPYRIGHT 1986 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, Oct. 2 /PRNewswire/ -- International Income Property Inc. (AMEX: IIP), announced that it has acquired the 50 percent ownership interest of its Park City Center joint venture partner for consideration of approximately $47 million.
Park City Center in Lancaster, Pa.., is a regional shopping center which includes approximately 1.4 million square feet of retail space. The center consists of five ...