Regions
Sacramento Valley Retail Center Changes Hands for $18M
The shopping center opened its doors in 1985, anchored by K-Mart. Engstrom Properties renovated the asset and shifted toward a diversified mid-size tenant roster.
Benderson Development Grabs Bay Area Retail Asset
The vacant building that used to be home to Toys “R” Us and Babies “R” Us contains approximately 45,000 square feet.
On the Market: 5 Interesting Listings for August
This month’s listings include several modern office buildings on the West Coast; a top-of-the line medical center in Fort Wayne, Ind.; and a recently completed retail center in Kennewick, Wash.
Surviving the Retail Revolution: A Guide for Small Operators
Fluent Commerce’s Bill Friend reveals the key points behind a successful omnichannel strategy in the era of online shopping and why the customer-as-an-individual approach should be at the core of it all.
CBRE Global Investors Acquires $49M Phoenix Facility
The distribution center changed hands with help from JLL Capital Markets, which arranged the transaction on behalf of the seller.
Home2 Suites Breaks Ground in PA
The 109-key hotel west of Philadelphia is slated to come online by next summer. Investment company Roch Capital owns the project.
REI Refinances Indianapolis Office Tower
The 27-story downtown building landed a fixed-rate loan from Nationwide Real Estate Investments, with HFF spearheading efforts for the borrower.
Binswanger Sells Minority Stake to Key Employees
A board comprising David Binswanger, Frank Binswanger, two employee investors and an independent director will now run the company.
Kimco Realty Trades Colorado Shopping Center
The disposition is part of the retail REIT’s strategy of selling between $700 million and $900 million in assets this year.
Historic Downtown Seattle Hotel Changes Hands
GEM Real Estate has purchased Kimpton Palladian Hotel, a 1910-built property placed on the National Register of Historic Places. The 97-key luxury hotel includes 1,100 square feet of meeting space.