Retail
Levcor Refinances Houston Entertainment Center
JLL’s Capital Markets team secured the $68 million loan, which will recapitalize existing debt. LoanCore provided the non-recourse, floating-rate financing.
CBRE Strengthens Cleveland Retail Team
Industry veteran Jeremy Bates will serve as vice president. Previously, he was responsible for leasing Stark Development’s retail and office portfolio.
Whole Foods Adds SunPower Systems Across CA and NV Locations
Combined, these projects are expected to generate more than 3.9 million kilowatt-hours of electricity annually and SunPower has an additional 2 megawatts planned across 11 stores in California.
Central FL Shopping Center Trades for $11M
More than 80 percent of the tenants at the 132,301-square-foot mall are national retailers. Marcus & Millichap brokered the deal on behalf of the seller.
HFF Brokers Houston Retail Asset Sale
Senior Managing Director Ryan West, Director John Indelli and Analyst Johnny Kight represented the seller in the disposition of the 44,297-square-foot Normandy Shopping Center.
Marcus & Millichap Arranges Sale of Suburban Chicago Retail Asset
Adrian Mendoza, Austin Weisenbeck and Sean Sharko marketed the property on behalf of the seller and also represented the buyer of Bluestone Commons.
Pacific Retail to Manage Chicago South Loop Shopping Center
Encompassing 300,000 square feet, Southgate Market is home to major chains such as Whole Foods, PetSmart, Marshalls, LA Fitness or Starbucks.
Target Aims for 100 Percent Renewable Energy by 2030
The retailer currently uses roughly 22 percent renewable energy and has set to generate 60 percent of its energy through green sources by 2025.
Stan Johnson Brokers $20M Retail Sale in TX
Tom Fritz and Brandon Duff represented the seller in the disposition of The Shops at Abilene Village, a 145,000-square-foot, multi-tenant retail center in Abilene.
San Diego-Area Retail Center Commands $27M
After 12 years of ownership, Greenstreet Partners sold Poway Crossings, a 109,455-square-foot community shopping center in Poway, Calif. HFF facilitated the deal on behalf of the seller.