Shopping Center Business
5 days ago · Toro Development Obtains Construction Financing for $560 Million Medley Mixed-Use Development in Metro Atlanta. Wood Investments Cos. Secures $20.3 Million Refinancing for Shopping Center in Helena, Montana. Progressive Brokers $9.5 Million Sale of Single-Tenant Property in Southern California. Linkvest Capital, MMG Equity Partners Acquire 4.8 ...
News - Shopping Center Business
Nov 5, 2024 · Port Richey, Fla. — Cushman & Wakefield has brokered the sale of Regency Crossings, an 85,865-square-foot retail center located in Port Richey, roughly 40 miles northwest of Tampa. Publix anchors the property, which was 90 percent leased at the time of sale. The center was originally built in 1985 and renovated in 2021.
Retailers – Shopping Center Business
The Sept. 27 Shopping Center Business webinar “Market Outlook — Insights on Retail, Consumers, REITs, NNN & Shopping Centers” covered the state of the retail industry, focusing on consumer behavior and the financial health of retailers. Be sure to tune in to the 6-minute mark of this webinar for a clear-eyed, informative breakdown of key ...
From The Magazine – Shopping Center Business
Oct 4, 2024 · The U.S. retail market is currently on a long stretch of rock-solid performance at the property level. The national vacancy rate is at a healthy 4.1 percent, according to first-quarter 2024 research from CoStar Group. This comes one quarter after a stellar 4 percent vacancy rate at year-end 2023. What’s more is net store openings are on pace ...
Development – Shopping Center Business
6 days ago · Manor, Texas — The Retail Connection, through its affiliate Connected Development Services, has broken ground on a 150,000-square-foot shopping center in Manor, roughly 15 miles outside Austin. Dubbed Manor Crossing, the center will be situated within a 63-acre site that will also house a 101,000-square-foot H-E-B grocery store.
Operations – Shopping Center Business
Jun 5, 2024 · Dublin, Calif. — Vestar has been appointed by PNC Realty Investors to manage Hacienda Crossing, a 438,500-square-foot retail center located in Dublin, roughly 35 miles southeast of San Francisco. Regal Cinemas, Best Buy, PGA Golf Superstore, Ulta Beauty, TJ Maxx and Barnes & Noble anchor the property. Vestar currently operates 30 million ...
Industry Content - Shopping Center Business
Oct 2, 2024 · The Sept. 27 Shopping Center Business webinar “Market Outlook — Insights on Retail, Consumers, REITs, NNN & Shopping Centers” covered the state of the retail industry, focusing on consumer behavior and the financial health of retailers.
Greenberg Gibbons Purchases Shopping Center in Tucker, Georgia …
4 days ago · November 8, 2024. Tucker, Ga. — Greenberg Gibbons has acquired Northlake Square, a retail center located in Tucker, for $17.3 million, marking the company’s entrance into the Georgia market. Built in 1988, the property totals 82,578 square feet. Tenants at the center, which was 98 percent leased at the time of sale, include Aldi and Best Buy.
New York – Shopping Center Business
Nov 4, 2024 · Binghamton, N.Y. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the $14 million sale of Price Chopper Plaza, a 127,000-square-foot shopping center located in the upstate New York community of Binghamton. Regional grocer Price Chopper has been the anchor tenant at the center, which was 97 percent ...
Arizona – Shopping Center Business
Oct 23, 2024 · Phoenix — Whole Foods Market has opened a new, 50,358-square-foot store in Phoenix. Situated within Paradise Valley Mall, the store features more than 330 local items from Arizona, as well as a full-service coffee and juice bar.