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Damianos Sotheby's International Realty is a luxury Bahamas real estate firm founded in 1945 by Nicholas G. Damianos. This Bahamian company was originally named Damianos Realty, but had a name change when they acquired the Sotheby's International Realty franchise in 2005.
In November 2004, it was reported that Developers Diversified Realty (DDR) had announced it had entered into an agreement to purchase 15 Puerto Rican retail real estate assets, totaling nearly 5.0 million square feet from Caribbean Property Group, LLC ("CPG"). The transaction had a total value of approximately $1.15 billion, which represented a ...
On May 12, 2011, it was reported that PetSmart, the largest U.S. specialty retailer of products and services for pets, would open its fourth store in Puerto Rico in the Plaza Centro Mall with a multimillion-dollar investment. The new PetSmart store also completed Plaza Centro's six month expansion, bringing mall occupancy to its highest level ...
It also regulates transactions on the island by companies engaged in the sale of real estate located outside of Puerto Rico. The Rule of Ethics (Reglamento de Ética) is a regulation to implement Law No. 10 of April 26, 1994, the law to regulate the real estate business and profession of broker, salesperson, and real estate companies in Puerto ...
The mall at this point hosted 73 stores and 53 corridor modules (kiosks), climbing to No. 268 on the Caribbean Business's list of Top 400 Locally Owned Companies, and was among the top 15 largest shopping centers in Puerto Rico. [12] In September 2017, Hurricane María dealt a severe blow to the mall. The owners responded with a $62 million ...
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