Retail
Marcus & Millichap Arranges $20M New York ShopRite Sale
The firm assisted the seller, sourced the buyer and facilitated acquisition financing for the nearly 61,000-square-foot Long Island property.
Washington Prime Group Secures Amendments to Its Credit Facilities
Pressed like its retail sector peers by COVID-19 fallout, the company arranged covenant relief through the third quarter of next year.
Simon Adds Bankrupt Retail Brands to Shopping Cart
The mall owner and its partner have acquired a well-known jeans brand and are closing in on a deal for Brooks Brothers.
US Retail Sales Rose Again in July
The U.S. Census Bureau’s monthly report shows that sales increased for the third consecutive month.
RG Properties Sells 2 Midwest Retail Assets for $32M
The freestanding properties in Michigan and Ohio changed hands in separate transactions.
How the New Senate Relief Bill Could Impact CRE
BOMA’s Emily Naden breaks down the two big provisions of the bill that affect the industry.
CLOSED: 2020 Executive of the Year Awards Nominations
Commercial Property Executive is putting together the ballot for this year’s Executive of the Year awards, and we want your input. The deadline to submit is August 11!
Newmark Knight Frank Arranges $42M Boston Sale
Robert Griffin, Geoffrey Millerd and Paul Penman represented the seller and sourced the buyer of the office-and-retail property anchored by a Rolex flagship store.
Mall Owners Troubled but Unsurprised by Anchor Closures
Despite the sobering picture created by a long list of struggling retailers, the current disruption also reflects well-known retail cycles.
Brooklyn Macy’s Lands $66M Loan
The store, located one block from the Hoyt Street subway station, is at the base of a 12-story building leased to Whittle School & Studios.