Retail
ORION Facilitates Phoenix Retail Transaction
Vice President Derek Buescher negotiated the deal on behalf of the seller, Stratis-Mesa Properties.
Colliers Brokers $7M Austin Retail Sale
Senior Vice President Jon Busse and Executive Vice President Volney Campbell assisted the seller.
As CMBS Relief Inquiries Jump, How Much Forbearance Is Enough?
Inquiries from CMBS borrowers about coronavirus-related relief have topped $100 billion, raising doubts about the current 90-day forbearance period, Fitch Ratings reports.
Hanley Investment Closes Minneapolis Retail Deal
Executive Vice Presidents Jeff Lefko and Bill Asher assisted the seller, TOLD Development Co.
Grocery Stores Pick Up, While Most Retail Slows Down
Wells Fargo reports overall retail sales were down a record 8.7 percent in March, but grocery and general merchandise stores saw record growth.
Marcus & Millichap Brokers Northwest Florida Retail Sale
James Medefind and Cory Gross assisted the seller and procured the two buyers in the deals.
JLL Arranges Atlanta-Area Retail Center Acquisition
DLC Management Corp. paid $12.8 million for the 88,646-square-foot Five Forks Corners in Lilburn, Ga.
Marcus & Millichap Arranges Sale of Boston-Area Walgreens
Glen Kunofsky, Josh Kanter, and Anthony D’Ambrosia represented the seller, while Adam Friedlander assisted the buyer.
New York Retail Mogul Stanley Chera Dies at 78
The founder of Crown Acquisitions led his firm from humble beginnings to its present-day success as one of Manhattan’s major investors.
Virus Response Shutters 55% of U.S. Retail Space
Large-scale furloughs underscore the challenges in the industry as chains like T.J. Maxx temporarily close their doors.