RETAIL NEWS

 
 

CP Executive

  • newHFF Arranges Financing for CO Office Asset
    The six-story, Class A office building, which was built in 1998 and renovated in 2017, was 94 percent occupied at the time of the sale.
    - 11 hours ago 19 Jun 18, 6:03pm -
  • newMarket Pulse for July 2018
    Sales of existing condominiums and cooperatives rose by 1.6 percent at a seasonally adjusted annual rate to 620,000 units in April.
    - 12 hours ago 19 Jun 18, 5:35pm -
  • newDelta Hotels by Marriott Comes to Chesapeake Bay
    The recently transacted hotel, situated on the Chesapeake Bay beach, will undergo a $25 million renovation program in the fourth quarter of 2018.
    - 12 hours ago 19 Jun 18, 5:30pm -
  • newTop 5 NYC Multifamily Sales
    PropertyShark compiled the top 5 multifamily sales for May 2018 in New York City.
    - 12 hours ago 19 Jun 18, 5:15pm -
  • newDC, Miami, NY Most Prosperous Cities Since 2000
    RENTCafé recently set out to identify the cities that have improved the most since the turn of the millennium.
    - 12 hours ago 19 Jun 18, 4:57pm -
  • newTop 5 Retail Space Sales
    PropertyShark compiled the top 5 sales in retail for May 2018 in New York City.
    - 13 hours ago 19 Jun 18, 4:13pm -
  • newTop 5 Office Building Sales
    PropertyShark compiled the top 5 sales in office for May 2018 in New York City.
    - 13 hours ago 19 Jun 18, 4:11pm -
  • newGSE Multifamily Activity
    MBA’s commercial/multifamily mortgage bankers origination index reported an 8 percent increase in the dollar volume of loans closed for Fannie Mae and Freddie Mac between Q1 2017 and Q1 2018.
    - 13 hours ago 19 Jun 18, 3:41pm -
  • newEconomy Watch Weekly: Retail Market Remains Strong Despite Decline
    Most retail categories gained ground for the month. However there were a few losers such as furniture stores, down 2.4 percent. Economy Editor Dees Stribling gives a breakdown of the retail sales market, for the week ending June 15, 2018. 
    - 14 hours ago 19 Jun 18, 3:34pm -
  • newAnnual vs. Five-Year Total Return
    Judged on their 2017 total return and five-year annualized performance, the world’s major cities do not stand out, for all their popularity with offshore investors.
    - 14 hours ago 19 Jun 18, 3:28pm -

Chain Store Age

CoStar

  • RioCan CFO to Step Down, Firm Taps Current VP as New COO in Shake Up
    Pictured: Raghunath Davloor (left) to step down as CFO, COO and president of RioCan effective July 31; firm appoints Jonathan Gitlin (right) to succeed Davloor as COO.Courtesy: RioCan Real Estate Investment Trust.RioCan Real Estate Investment Trust's…
    - 1 day ago 19 Jun 18, 1:00am -
  • Florida Shopping Center to Focus on Groceries, Movies and Restaurants
    Developer Alex Rosemurgy believes the same-old, same-old is bad business, especially when it comes to today’s fast-changing retail climate.“You can’t build a retail center anymore unless you have a hook,” he said.Rosemurgy and other i…
    - 2 days ago 18 Jun 18, 9:58am -
  • Newcomer from Colorado Will Break Ground in North Loop
    Vail, CO-based Solaris Redevelopment Corp. is poised to start work on its first project in Minneapolis, a 300,000-square-foot, six-story building in the city’s burgeoning North Loop neighborhood. The sleek black building will house 156 market-r…
    - 2 days ago 18 Jun 18, 6:33am -
  • Rent-A-Center Accepts $1.4 Billion Take-Private Buyout Offer
    Rent-to-own giant Rent-A-Center Inc. has agreed to a merger deal with Vintage Rodeo Parent LLC, an affiliate of private and public equity investor Vintage Capital Management, to acquire outstanding shares of Rent-A-Center common stock for $15 per sha…
    - 2 days ago 18 Jun 18, 6:15am -
  • Bite Beauty Continues Larchmont's Renaissance
    High-end organic cosmetics brand Bite Beauty is opening its first Los Angeles location in Larchmont Village. Bite Beauty will be another luxury brand as Larchmont is continuing to become one of the city’s most desirable retail streets. The Cana…
    - 2 days ago 18 Jun 18, 4:21am -
  • Exclusive: Hanover Hires First Director of Retail Leasing
    The Hanover Company, a nationwide luxury multifamily developer headquartered in Houston, has hired its first director of retail, Bryce Jones. Jones joins Hanover from The Retail Connection, where he served as assistant vice president in Dallas, w…
    - 2 days ago 18 Jun 18, 1:00am -
  • CBL Repositioning Former 'Fortress' Malls Through Mixed-Use Redevelopment
    Pictured: Stephen Lebovitz, chief executive of CBL & Associates Properties.LAS VEGAS –  CBL & Associates Properties Chief Executive Stephen Lebovitz doesn't know whether he'll ever see another so-called 'fortress' mall development from the grou…
    - 6 days ago 14 Jun 18, 1:31am -
  • Ivanhoé Cambridge's Highwire Retail Act
    Courtesy: CNW Group/Cirque du Soleil Canada Inc.One of the Greater Toronto Area's malls is set to become a Cirque du Soleil family entertainment centre as owner Ivanhoé Cambridge looks for new ways to reinvent its retail holdings.The new indoor…
    - 7 days ago 13 Jun 18, 9:10am -
  • Gazit Horizons Buys Two-Story Retail Building in Downtown Boston
    Gazit Horizons, Inc. has paid nearly $1,581 per square foot to acquire the vacant two-story retail building at 467 Washington St. in downtown Boston from local firm Frazer Capital, the second time the two firms have linked up on a deal in the last si…
    - 7 days ago 13 Jun 18, 7:33am -
  • JV Secures $11M Acquisition Financing for Cache Valley Mall in Logan
    The 505,000-square-foot Cache Valley Mall at 1300 N. Main St. in Logan, UTGreat Neck, NY-based Namdar Realty Group and Mason Asset Management secured $11 million in acquisition financing for Cache Valley Mall, a 505,000-square-foot shopping cente…
    - 8 days ago 12 Jun 18, 8:52am -
   
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