RETAIL NEWS

 
 

CP Executive

  • newStrategic Storage Growth Trust Expands FL Portfolio
    The firm has purchased a 695-unit storage facility in Review, Fla. Marcus & Millichap brokered the sale of on behalf of both parties.
    - 22 hours ago 24 Feb 18, 1:26am -
  • newOil Manufacturer Inks 55 KSF CA Lease
    The firm, Sunset Olive Oil, will create 20 jobs through at its facility in Montebello, Calif. DAUM Commercial has arranged the leasing transaction on behalf of the landlord, Emery Investments.
    - 23 hours ago 24 Feb 18, 1:16am -
  • newBellomy & Co. Completes Sale of Dallas Storage Facility
    The firm represented the seller, Platinum Storage Group, and procured the buyer. The facility comprises a total of 1,111 units.
    - 23 hours ago 24 Feb 18, 1:10am -
  • LPC Selected to Manage Dallas Office
    The 235,000-square-foot Class A office high-rise, formerly known as the Belo Building, sits in the heart of Dallas’ city center.
    - 1 day ago 23 Feb 18, 6:15pm -
  • Hersha Sells 2 Suburban Hotels in MD, NY
    The hotels are located on the outskirts of New York City and Washington, D.C. Hyatt House in Gaithersburg, Md. and Holiday Inn Express in Chester, N.Y. traded for a total of $27.4 million.
    - 1 day ago 23 Feb 18, 6:01pm -
  • $150M LA Mixed-Use Project Breaks Ground
    Situated in the heart of Santa Monica, The Lincoln Collection is a four-story mixed-use project featuring 25,000 square feet of street-level retail amenities.
    - 1 day ago 23 Feb 18, 5:56pm -
  • JV Acquires Phoenix Office Asset
    Totaling more than 250,000 square feet, the three buildings in the city’s Black Canyon Corridor submarket fetched a sale price of nearly $35 million.
    - 1 day ago 23 Feb 18, 5:50pm -
  • CBRE Global Investors Taps New Senior Managing Director
    Scott Spalding will be responsible for business development with financial intermediaries and investment advisors who assist high net worth investors.
    - 1 day ago 23 Feb 18, 4:22pm -
  • Cambria Hotel Coming to Iowa
    The hotel, slated to debut in 2019, will be part of the 75-acre TBK Bank Sport Complex BettPlex and High Five family entertainment center.
    - 1 day ago 23 Feb 18, 4:05pm -
  • Calare Nabs R&D, Office Asset in CT
    The 915,000-square-foot corporate campus in Wallingford is located halfway between Boston and New York City, and was recently renovated to achieve greater energy-efficiency.
    - 1 day ago 23 Feb 18, 2:53pm -

Chain Store Age

CoStar

  • Portion of The Shops at Fort Union Trades for $114M
    Shopcore Properties, a San Diego-based investment firm with a portfolio totaling more than 24 million square feet, sold a 688,549-square-foot portion of the more than 830,000-square-foot The Shops at Fort Union in Midvale, UT to CCA Acquisition Co. f…
    - 2 days ago 23 Feb 18, 11:14am -
  • Paces Properties Picks Firm to Manage Atlanta Dairies, Intown Properties
    Brand Properties is adding to the portion of Paces Properties portfolio it manages, including the high-profile Atlanta Dairies redevelopment.Buckhead-based Brand won the assignment to provide property management services for eight properties comp…
    - 2 days ago 23 Feb 18, 6:46am -
  • VEREIT Pays $14.1M for At Home Store in Blaine
    A home furnishings and décor store in Blaine has been snapped up by VEREIT, one of the nation’s largest retail real estate investment trusts.An entity tied to Plano, TX-based At Home sold its 140,684-square-foot location at 4405 Pheasant Ridge…
    - 2 days ago 23 Feb 18, 6:41am -
  • Oakwood Commons Shopping Center Sells for $24.4M
    Big V Capital acquired the 276,448-square-foot Oakwood Commons shopping center in Hermitage, TN from Brixmor Property Group, a retail center acquisition and disposition firm headquartered in NY, for $24.4 million, or approximately $88 per square foot…
    - 2 days ago 23 Feb 18, 5:00am -
  • 551,000-SF Mixed-Use Project in Fairfax Gets Financing
    Combined Properties, Inc. has secured $115.4 million in construction financing and preferred equity for a new 551,000-square-foot mixed-use residential and retail project scheduled to break ground later this year in Fairfax, VA.Scout on the Circl…
    - 3 days ago 22 Feb 18, 4:27am -
  • JV Sells Discount Drug Mart Center in Kent
    Norwood Development Group, along with PB Properties, sold the 31,762-square-foot Discount Drug Mart Center retail building at 1763-1771 E. Main St. in Kent, OH to an Indiana-based private investor for $3.225 million, or approximately $102 per square…
    - 3 days ago 22 Feb 18, 3:10am -
  • Tops Markets Latest in Growing List of Regional Grocers Seeking Bankruptcy
    Saddled with debt and little capital to invest, another regional grocery store chain has filed for bankruptcy reorganization. This time it is Tops Markets, a supermarket retailer with 169 owned supermarkets and five franchised stores in Upstate New Y…
    - 3 days ago 22 Feb 18, 2:28am -
  • Party City Leases 15,000 SF in Goodyear
    Party City leased 15,068 square feet at The Market at Estrella Falls power center in Good Year, AZ.The single-story, 266,548-square-foot retail building at 1755-2075 N. Pebble Creek Pky. delivered in 2008. The Market at Estrella Falls is anchored…
    - 3 days ago 21 Feb 18, 12:15pm -
  • Best in the West in Las Vegas Sells for $87M
    Vestar acquired the 464,917-square-foot Best in the West power center in Las Vegas from Weingarten Realty Investors for $87 million, or approximately $187 per square foot.The Best in the West retail center at 2000-2192 N. Rainbow Blvd. is anchore…
    - 4 days ago 21 Feb 18, 11:08am -
  • Slate Ready to Flip Cominar Assets
    Pictured: 55 University Ave. in downtown Toronto.The ink hasn't dried on one of 2017's largest real estate deals, but sources indicate Slate Acquisitions Inc. is in the process of flipping some of the $1.14 billion in property it bought from Cominar…
    - 4 days ago 21 Feb 18, 9:56am -
   
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