Retail
Craft Brewer Cuts Costs by Installing Rooftop, Carport Solar
The solar system’s total size is 270 kilowatts and is estimated to reduce energy consumption by 30 to 40 percent.
HBC Plans $1.5B Sale of German Retail Holdings to JV Partner
The deal comes as HBC and other shareholders, including WeWork Property Advisors, offered a plan to take the Canadian-based retail company private.
CPE’s Top 5 Posts in May
Miss any of our articles? Catch up with five of our most popular posts for the month.
Hospitality Properties Trust Buys $2.4B Portfolio
The company has acquired the 12 million-square-foot collection of assets from Spirit MTA REIT. The properties are net leased to tenants in a wide range of industries across 43 states.
Broad Street, MedAmerica Strike Merger Deal
MedAmerica, which has focused on medical office buildings since a name and strategy change in 2017, will be part of a new company with a 2 million-square-foot retail portfolio.
Urbanspace Buys The Independent’s Entire Ground Floor
The acquisition marks the company’s 20-year presence in Austin and also launches them into the neighborhood coffee shop and bar business.
Bass Pro Shops Sells 11 Cabela’s Locations for $324M
B+E brokered the sale-leaseback deal, which is believed to be the largest commercial real estate transaction sold through a digital platform.
Metro Orlando Retail Center Trades for $18M
Consolidated-Tomoka Land Co. sold the gym-anchored, 112,351-square-foot shopping mall in Winter Park, Fla. HFF assisted the seller in the disposition.
Armada Hoffler Buys 2 VA Retail Centers for $105M
The REIT enhances its already strong presence in Virginia Beach by nearly 500,000 square feet with the addition of Red Mill Commons and Marketplace at Hilltop.
NJ Power Center Lands $47M Refi
JPMorgan Chase provided Sun Equity Partners the loan for Greenleaf at Howell, a 343,354-square-foot shopping center in Howell that the company acquired six years ago.