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Dallas shopping center firm Centennial buys Alabama-based retail operator

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Dallas shopping center firm Centennial buys Alabama-based retail operator


Dallas-based procuring heart investor and operator Centennial is rising with the acquisition of an Alabama actual property agency.

Centennial has acquired Birmingham-based Bayer Properties’ operations with its administration portfolio of just about 8 million sq. ft of retail area. Most of Bayer’s properties are open-air procuring facilities, together with huge field, neighborhood and mixed-use facilities.

“Centennial’s present portfolio consists primarily of enclosed malls in main markets which might be well-positioned for or are at present underneath redevelopment,” president Whitney Livingston stated in an announcement. “Efficiently remodeling these facilities consists of decreasing the enclosed mall area and including complementary open-air retail area in addition to multi-family and unbiased residing residences, motels and workplaces.

“Bayer has been an proprietor, operator and developer of open-air retail area for nearly three a long time; its merchandising, placemaking, design and a focus to element are distinctive, and its workers of seasoned professionals can be an unbelievable addition to Centennial’s skilled workforce and platform.”

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Phrases of the transaction weren’t disclosed.

Bayer’s properties are in markets together with Birmingham and Huntsville, Ala.; Cincinnati; and Lexington, Ky.

Centennial operates greater than 15 million sq. ft of properties in 11 states. Earlier this 12 months, the investor bought Plano’s Outlets at Willow Bend mall.

With the merger, Centennial will now have greater than 23 million sq. ft of managed properties in 18 states served by 300 staff. The mixed firm plans to maintain its headquarters in Dallas.

On finishing the merger, Bayer’s president, Jami Wadkins, will be a part of Centennial as the brand new chief working officer.

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“Our two firms share an identical imaginative and prescient for the way forward for retail actual property that may permit the mixed agency to offer a wealth of options to difficult retail initiatives for our shoppers and companions,” Wadkins stated. “Combining our two corporations provides us a stronger platform at a wonderful time to capitalize on market development.”

Richardson transit housing neighborhood sells to Denver purchaser



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Alabama

Alabama-based content creator reacts to possible TikTok ban

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Alabama-based content creator reacts to possible TikTok ban


MONTGOMERY, Ala. (WSFA) – Some social media users are bracing for a possible ban on the popular social media app TikTok.

The U.S. Supreme Court is expected to ban the social media platform by Jan. 19 if the Chinese-owned company does not sell the platform due to the Protecting Americans from Foreign Adversary Controlled Applications Act.

It’s a dilemma between free speech and national security.

“Many of the content creators on TikTok are Americans, so they are protected under the First Amendment, and it was also argued that TikTok could be seen as a public forum, and Americans have freedom of speech in a public forum,” Troy University Assistant Professor of journalism and communications Dr. Stefanie East said.

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Montgomery-raised content creator Funmi Ford says this ban could affect many Americans financially, not only content creators, but also small business owners.

“There are entrepreneurs that have used TikTok not only to get income but to get new clients,” Ford said. “There’s so many people that use this app to feed their families that I think it’s going to be really hard for them.”

TikTok has provided Ford with a way to share her culture from Accra Ghana and interact with other cultures. She fears without this social media platform, it may be more difficult to make those global connections.

“I feel like TikTok is one of the few places, because it’s video and it’s short form, you got to digest a lot of information, whether good or bad, that either widened your horizon, made you think differently, made you want to travel,” said Ford. “So with it possibly being banned, which we hope it’s not, it’s going to close a window to somebody else’s life, a window to another part of the world that you would not see otherwise.”

TikTok, as well as some of its users, have sued to block the U.S. ban contending that it violates First Amendment rights. The Supreme Court is now faced with the decision between those claims and Congress’ concern the Chinese government may have influence over the social media platform.

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President-elect Donald Trump filed a brief at the Supreme Court asking justices to temporarily block the law so he can “pursue a political resolution” once he takes office.

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SEC regular season conference winner odds for Auburn and Alabama basketball

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SEC regular season conference winner odds for Auburn and Alabama basketball


The SEC has taken the men’s college basketball world by storm this season. When this week began, the SEC had nine teams in The Associated Press top 25, including six in the top 10.

Auburn and Alabama are in the top 10 and making their marks as favorites to win the national championship. Before they cut down the nets in the Final Four, they will try to win a conference championship.

The SEC regular season conference winner odds for Auburn and Alabama show a pair of teams expected to be there at the end. That’s what we are examining today.

Note: Odds are based on the best value our experts find as of publication; check lines closer to game time to ensure you get the best odds.

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SEC regular season conference winner odds

These are the odds for each team to win the SEC regular season men’s basketball conference title from BetMGM Sportsbook:

Team BetMGM odds to win SEC regular season
Auburn -115
Alabama +450
Tennessee +500
Florida +800
Kentucky +1800
Mississippi State +2000
Texas A&M +2000
Ole Miss +5000
Arkansas 100-to-1
Georgia 125-to-1
Oklahoma 125-to-1
Texas 125-to-1
Missouri 200-to-1
Vanderbilt 200-to-1
LSU 250-to-1
South Carolina 250-to-1

The top five teams in this betting odds market rank in the top eight in this week’s AP poll. The next two are not far behind at Nos. 10 and 14. After that, the odds drop significantly, but even Ole Miss is a top-25 team.

Don’t nitpick about how the odds and rankings compare. Tennessee entered this week undefeated and ranked No. 1 in the nation but lost to Florida on the road by 30 points. With so much parity in college basketball, the regular season is more of a survival challenge than an expectation to win every game.

Auburn and Alabama were among the favorites to win the regular season title when the season began and both teams have played well thus far. They’ll be favorites if they win a large majority of their games and beat a couple of fellow contenders along the way.

Auburn SEC championship odds

Sportsbook SEC championship odds
BetMGM -115
FanDuel -130
DraftKings -105

No. 2-ranked Auburn (14-1) has lit the court on fire throughout its 14-1 start, including marquee wins over Houston, North Carolina, Iowa State and Purdue. The Tigers’ only loss came on the road against Duke.

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The biggest spark has been forward Johni Broome, who averages 18.7 points, 11.2 rebounds, 3.4 assists and 2.7 blocks. His performance has catapulted him to the top of the Wooden Award odds listed by DraftKings Sportsbook. Broome has odds of -280 while Duke’s Cooper Flagg is at +230. No other player has odds better than 16-to-1.

Broome is the MVP, but five other Auburn players average at least 10 points per game. That’s an incredible feat in this day of college basketball.

The Tigers rank fourth in the nation in points per game with 87.9. They rank first in blocks per game with 6.9 and 26th in shooting percentage allowed at 39.2%

Auburn hits the road to play South Carolina on Saturday before returning home to face No. 14 Mississippi State on Tuesday. A home game against Tennessee looms Jan. 25.

Alabama SEC championship odds

Sportsbook SEC Championship odds
BetMGM +450
FanDuel +380
DraftKings +550

No. 5 Alabama (13-2) has had an incredible season with the only blemishes being losses to Oregon and Purdue. The Crimson Tide have big wins over Illinois, Houston, North Carolina and Oklahoma.

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The whole SEC schedule will be tough, but the next three games especially stand out for Alabama. The Tide play Texas A&M on the road, Ole Miss at home and Kentucky on the road.

Like Auburn, Alabama has balanced scoring at the top. Five players average double figures, led by Mark Sears’ 18.3 points. Fellow returner Grant Nelson has been pivotal, too. He averages 13.1 points and a team-high 8.8 rebounds.

If Alabama is going to win the regular season title, it will have to earn it over the final handful of games. The Tide’s final five games are against Kentucky, Mississippi State, Tennessee, Florida and Auburn.



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Lane leads North Alabama against Stetson after 22-point outing

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Dallas faces conference rival Denver


Associated Press

North Alabama Lions (10-6, 2-1 ASUN) at Stetson Hatters (4-12, 2-1 ASUN)

DeLand, Florida; Saturday, 4 p.m. EST

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BOTTOM LINE: North Alabama visits Stetson after Jacari Lane scored 22 points in North Alabama’s 75-70 loss to the Florida Gulf Coast Eagles.

The Hatters have gone 3-3 at home. Stetson has a 0-2 record in one-possession games.

The Lions have gone 2-1 against ASUN opponents. North Alabama has a 0-1 record in games decided by less than 4 points.

Stetson’s average of 8.1 made 3-pointers per game this season is only 0.2 fewer made shots on average than the 8.3 per game North Alabama allows. North Alabama has shot at a 45.7% rate from the field this season, 0.9 percentage points greater than the 44.8% shooting opponents of Stetson have averaged.

The Hatters and Lions square off Saturday for the first time in ASUN play this season.

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TOP PERFORMERS: Mehki is averaging 15.8 points for the Hatters.

Corneilous Williams is averaging 9.8 points and 8.4 rebounds for the Lions.

LAST 10 GAMES: Hatters: 3-7, averaging 74.5 points, 30.5 rebounds, 12.2 assists, 6.2 steals and 3.4 blocks per game while shooting 42.7% from the field. Their opponents have averaged 82.0 points per game.

Lions: 6-4, averaging 76.3 points, 34.6 rebounds, 13.5 assists, 7.3 steals and 3.0 blocks per game while shooting 45.6% from the field. Their opponents have averaged 70.2 points.

___

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The Associated Press created this story using technology provided by Data Skrive and data from Sportradar.




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