RETAIL NEWS

 
 

CP Executive

  • newHCP Lands New $2B Credit Facility
    The facility includes two six-month extension options at the company’s discretion and the ability to increase the commitments by an aggregate amount up to $750 million.
    - 13 mins ago 24 Oct 17, 10:51am -
  • newKennedy Wilson, Kennedy Wilson Europe Merge
    The unification created a real estate investment and asset management platform with an enterprise value of $8 billion. It was an all-share transaction.
    - 34 mins ago 24 Oct 17, 10:30am -
  • newApple Opens New Flagship Store in Chicago
    The strategic riverfront location will help connect the shop with Chicago River and North Michigan Avenue’s Magnificent Mile. The main idea of the design was to minimize the boundary between the city and the river.
    - 1 hour ago 24 Oct 17, 9:42am -
  • newRedfin Expands Chicago Footprint
    SVN arranged a new lease on behalf of the real estate company. The new office is located at the top floor of a building in Chicago’s West Loop.
    - 11 hours ago 23 Oct 17, 11:44pm -
  • newTerreno Arranges 100 KSF San Leandro Lease
    The company facilitated a 120-month lease of two industrial assets spread over more than eight acres, to a third-party logistics provider and an equipment rental company.
    - 15 hours ago 23 Oct 17, 8:05pm -
  • newRaytheon Opens 3rd ABQ Facility
    The new 72,000-square-foot building will support key missions for the U.S. military and coalition partners. The expansion is slated to bring 60 high-tech manufacturing jobs to New Mexico.
    - 17 hours ago 23 Oct 17, 5:37pm -
  • newSVN Sells Westlake Medical Office
    Located in the heart of Westlake Village, Calif., the 29,783-square-foot medical building was sold for $8.9 million. The Pacific Bridge Team arranged the transaction.
    - 18 hours ago 23 Oct 17, 5:20pm -
  • newC&W Secures $13M in Financing for GA Assets
    Senior Director Jason Hochman worked on behalf of property owner KAS Partners in arranging the fixed-rate loans for Phoenix Business Park and Kings Landing Office Center.
    - 18 hours ago 23 Oct 17, 5:16pm -
  • newMonument Adds New CFO to Miami Office
    Bringing more than 35 years of experience in finance and accounting, José Gonzalez will oversee all aspects of the company’s financial operation and support activities.
    - 18 hours ago 23 Oct 17, 5:13pm -
  • newScottsdale Office Complex Trades for $53M
    Equus and iStar have acquired the asset with a $42.6 million loan provided by Mesa West Capital. The office building marks the joint venture’s second acquisition in Scottsdale.
    - 19 hours ago 23 Oct 17, 3:52pm -

Retailing Today

    CoStar

    • Pacific Capital Pays $33.2 Million for Red Rock Commons in Saint George
      Pacific Capital struck a deal with New York City-based The Blackstone Group (NYSE: BX) to acquire Red Rock Commons, a 134,152-square-foot community shopping center located roughly 300 miles south of Salt Lake City in Saint George, UT. The value-a…
      - 4 days ago 20 Oct 17, 3:32am -
    • SuperValu to Acquire Florida's Associated Grocers for $180M
      SuperValu, a grocery wholesaler and retailer, has entered into an agreement to acquire Associated Grocers of Florida in a deal valued at approximately $180 million.Associated Grocers, based in Pompano Beach, FL, is a retailer-owned co-op that dis…
      - 5 days ago 19 Oct 17, 4:46am -
    • Weingarten Realty Sells Buena Vista Marketplace
      Weingarten Realty Investors sold the Buena Vista Marketplace at 1193-1231 Huntington Dr. in Duarte, CA for $38.1 million, or about $413 per square foot, to the Gerrity Group.Built in 1990, the 92,346-square-foot shopping center sits on 7.4 acres…
      - 5 days ago 19 Oct 17, 4:09am -
    • Hutensky Capital Partners Purchases Northglenn Marketplace for $48 Million
      Hutensky Capital Partners, a real estate fund manager headquartered in Hartford, CT, secured a value-add redevelopment opportunity in northern Denver with the acquisition of Northglenn Marketplace in Northglenn, CO from LNR Partners for $48 million,…
      - 6 days ago 18 Oct 17, 9:30am -
    • Bank Branches Still Matter Even as They Continue to Disappear
      Bank branch consolidations have quickened over the last two years as customers continue to embrace digital banking. Simultaneously, the number of new branch openings continues to fall. But analysts view this as part of a larger shift in how retail br…
      - 6 days ago 18 Oct 17, 1:17am -
    • Pizzuti Cos. Pays $5.4 Million for Giant Eagle Location in Downtown Columbus
      Pizzuti Cos. added to its local portfolio with the purchase of a 29,700-square-foot retail building in downtown Columbus, OH fully leased Pittsburgh-based supermarket chain, Giant Eagle.The Columbus-based real estate developer, marketer and manag…
      - 7 days ago 17 Oct 17, 8:50am -
    • What Does Walmart's Acquisition of Parcel Portend for NYC’s Already Competitive Industrial Market?
      In early October, Walmart announced it had acquired Parcel, a New York City-based, same-day, last-mile delivery company. The big-box behemoth cited online shoppers' growing demands for speed, flexibility and reliability of delivery as its impetus for…
      - 7 days ago 17 Oct 17, 6:52am -
    • Echo Realty Buys Pair of Harris Teeter-Anchored Shopping Centers in Charlotte MSA
      Echo Realty, a Pittsburgh, PA-based retail real estate developer, owner and operator specializing in grocery-anchored real estate, has purchased a pair of Harris Teeter-anchored shopping centers in the Charlotte, NC market in two separate transaction…
      - 8 days ago 16 Oct 17, 6:03am -
    • Planet Fitness Leases 18,052 SF in Overland Park for New Location
      Planet Fitness leased 18,052 square feet at 9301 Quivira Rd. in Overland Park, KS where the New Hampshire-based fitness center chain will open a new gym. Best Buy anchors the 65,202-square-foot retail building completed in 1994 minutes from I-35…
      - 11 days ago 13 Oct 17, 9:19am -
    • Chapel Ridge Retail Center Fetches $3 Million
      Star Development Corp. has sold the Chapel Ridge Retail Center at 3680 NE Akin Dr. in Lees Summit, MO for $3 million, or roughly $84 per square foot. The 35,820-square-foot center was constructed in 2007 and is 90% occupied. Some of the tenants i…
      - 11 days ago 13 Oct 17, 9:14am -