Retail
Baltimore Retail Center Trades for $16M
The 129,242-square foot Governors Commons was 100 percent leased at the time of sale. The asset is close to both Interstate 97 and Arundel Expressway.
Trademark to Reimagine Houston’s Memorial City Mall
Owner MetroNational will rely on the real estate investment, development and management company to create a master plan for the 1.7 million-square-foot super-regional shopping center’s future.
Estein USA Sells Retail, Office Assets in Dallas
HFF handled the sale of 422,000 square feet within the live-work-play Victory Park neighborhood, which includes office, retail, restaurant and entertainment space, a hotel and residential units.
Heslin Holdings Completes Albuquerque Retail Construction, Renovation
Conn’s Home Plus and Burlington anchor the newly redeveloped 150,000-square-feet West Central Plaza. The multi-million-dollar project will help meet the high demand for retailers in the area.
High-Growth Cities Defy US Retail Gloom
Average shopping mall vacancy, already at 10.2 percent, is projected to rise further, but markets such as Austin are thriving, according to a new Ten-X Commercial report.
Madison International Completes Acquisition of Capital Park Stake
The deal for the controlling stake in the Polish investment company gives New York City-based Madison International a platform to expand in Poland’s commercial real estate market.
Nazareth Enterprises Acquires Bay Area Ice Rink
SPI Holdings sold the 55,000-square-foot San Mateo retail and ice rink facility in an off-market transaction. The ice rink had been slated for conversion to additional retail space.
Avison Young Arranges $5M Refi for GA Retail Property
Principal George Vail represented the owner, SunCap Opportunity Fund, in the refinancing of the 72,314-square-foot Uptown Square in Fayetteville. National Cooperative Bank provided the loan.
Continental Realty Acquires FL Value-Add Retail Asset
The Planet Fitness-anchored, 87,250-square-foot shopping center in Hernando County had only 23,000 square feet of space available for lease at the time of sale.
IKEA Greenwich Scores Outstanding BREEAM Rating
The retail asset is the 22nd full-sized IKEA store to open in the U.K. and was designed and built to reach this rating.