Sunday, December 8 2013 8:30 AM EST2013-12-08 13:30:02 GMT
This week, Nicole Collier joins Jerry to dig deeper into the murder of 18-month-old Elaina Steinfurth.More >
This week, Nicole Collier joins Jerry to dig deeper into the murder of 18-month-old Elaina Steinfurth. Hear new details of the case from Lucas County Prosecutor Julia Bates and Toledo Police Caption Brad Weis just days after Steven King and Angela Steinfurth accepted plea deals in the case.More >
After a few dog treats disappeared, employees at a Dollar General store in Clinton soon discovered their thief was a four-legged friend. (12/5/2013)More >
TOLEDO, OH (Toledo News Now) -
The Westfield Group announced Monday that it has agreed to sell seven shopping centers nationwide to Starwood Capital Group for $1.64 billion, including Toledo's Franklin Park Mall.
Westfield Group Co-CEO Peter Lowy says the new direction will position Westfield Group to generate more value for shareholders.
"We are focused on redeploying our capital into superior retail destinations in major cities through divesting non-core assets and introducing joint venture partners into our high quality portfolio of assets," said Lowy.
The non-core assets involved in this transaction total $7,913,457.
-Belden Village in Canton, OH for $826,140
-Capital in Olympia, WA for $779,268
-Franklin Park in Toledo, OH for $1,261,954
-Great Northern in North Olmsted, OH for 1,184,733
-Parkway in El Cajon, CA for $1,319,739
-Southlake in Merrillville, IN for 1,361,168
-West Covina in West Covina, CA for $1,180,455
Starwood will own and manage the majority interest in the centers with Westfield retaining a 10 percent common equity interest.
The transactions' value of $1.64 billion is $120 million below the book value of the assets at the end of December 2012, and in line with the book values at the end of June 2013.
After the transactions expected closure in the 4th Quarter of 2013, Westfield Group will own and operate a portfolio of 40 centers in the U.S.
An Arizona elementary teacher is facing drug charges after Lake Havasu City police say she was selling prescription pills. The News-Herald reports that Stefanie Courson was arrested Friday following aMore >
Stefanie Courson was arrested Friday following a month-long undercover operation.More >
Arizonans who have individual health insurance plans that don't meet new standards under the Affordable Care Act won't be allowed to renew them after Jan. 1 despite a call from President Barack Obama forMore >
The state Department of Insurance announced Friday that is was urging the state's health insurance companies to instead renew existing plans that don't comply with the new law early.More >
Sunday, December 8 2013 9:55 AM EST2013-12-08 14:55:24 GMT
Fans clung onto hope as long as they could, waiting for a miraculous Sun Devils comeback. "We got the fourth quarter," Dalton Lucht said. "After this, we're a fourth quarter team." Another quarter didn'tMore >
The Sun Devils still have the PAC-12 South crown and as the saying goes, there's always next year.More >
Friday, December 6 2013 9:33 PM EST2013-12-07 02:33:31 GMT
A naked woman died early Saturday morning after being hit by a car in the middle of Thomas road overnight in Phoenix.Phoenix police spokesman Lt. Steve Roser said the 37-year-old woman was lying in theMore >
A woman who fled the scene of a hit-and-run crash that left a naked woman dead was sentenced Friday to 10 days in jail and three years of probation.More >
Friday, December 6 2013 9:20 PM EST2013-12-07 02:20:41 GMT
To shoot, or not to shoot, wasn't a question for a Peoria man who said he was about to be attacked by two vicious dogs. But, the owner of the wounded animal feels her neighbor was too quick to pull theMore >
To shoot, or not to shoot, wasn't a question for a Peoria man who said he was about to be attacked by two vicious dogs. But, the owner of the wounded animal feels her neighbor was too quick to pull the trigger on her family pet.More >
Arizona remains among the top three states in the nation for immigration-related prosecutions despite a drop in such prosecutions in the state. The Arizona Daily Star reports that half of all criminalMore >
half of all criminal defendants and 97 percent of petty-offense defendants in the state's federal courts are prosecuted for immigration violations.More >