Retail
Solar Installations Power Through the Pandemic
Projects at commercial properties have continued apace, fueled by pre-COVID approvals, cost-reduction goals and opportunities to install systems while buildings are largely unoccupied.
J.C. Penney To Shed 29% of Stores Amid Retail Reckoning
The iconic department store chain plans to slim down its footprint after filing for bankruptcy last week.
Hanley Investment Closes Southern California Retail Sale
Executive Vice President Matt Burnett represented both buyer and seller in the disposition of the Inland Empire property.
San Diego Retail Asset Sells in 1031 Exchange
The buyer paid $22 million for the triple-net-leased property, while on the other side of the deal was the sale of a multifamily community in metro Los Angeles.
Aldi to Open New Central Florida Location
The grocery store chain leased almost 20,000 square feet at Sabal Pointe Plaza in Merritt Island.
Colliers Arranges $5M Lehigh Valley Retail Deal
Senior Vice Presidents Jeff Algatt and Derek Zerfass, along with Vice President Scott Horner, represented the seller.
Regency Centers Lands Refi for Colorado Shopping Center
JLL secured the $26.7 million loan for the 159,050-square-foot shopping center in Boulder.
What Simon Property’s Q1 Results Say About Retail’s Future
The REIT is reopening half of its portfolio, while analysts’ concerns about what’s ahead for mall-based stores persist.
Hanley Investments Brokers All-Cash Retail Sale
Jeff Lefko and Bill Asher, along with Dylan Mallory, arranged two deals in Kentucky and Tennessee.
COVID-19 Shakeup Reaches Neiman Marcus, Lord & Taylor
One leading retailer has filed for Chapter 11 bankruptcy protection, and the other is planning an inventory liquidation once stores reopen.