Retail
Retail Investment Trends
At a time when e-commerce appears to be ascendant, what are the latest and most influential retail investment trends? What is myth and what is reality?
Vornado Sells $1.2B Stake in NYC Retail Venture
In its latest move to generate big proceeds, the REIT sold a 45.4 percent common equity interest in its Upper Fifth Avenue and Times Square collection.
Connecticut Retail Asset Commands $60M
JLL’s David Monahan, Chris Angelone, Nat Heald and Cameron Pittman assisted the seller in the disposition of the roughly 370,000-square-foot Milford Crossing Shopping Center.
Newmark Knight Frank Expands Detroit Valuation Team
The company appointed Tony Roberts as its newest senior managing director, while Chris Maharg joined the firm as senior vice president.
CBRE Welcomes New EVP in Dallas
Jim Batjer brings 30 years of experience in real estate investment banking, having been involved in asset disposition totaling more than $8 billion.
Casto Acquires Ohio Hotel, Plans Redevelopment
The former Knights Inn Hotel in Heath will be demolished and work for a new retail property is scheduled to begin by the end of the second quarter.
HFF Arranges Sale of 137 KSF San Antonio Retail Center
John Taylor, Drew Fuller, Josh Villarreal and Kyle Shaffer worked on behalf of the seller. Gateway Plaza had a 98.3 percent occupancy rate at the time of the deal.
Sterling Organization Sells FL Shopping Center for $38M
The company sold Pembroke Place, a 158,800-square-foot, grocery-anchored property in metropolitan Fort Lauderdale, to Longpoint Realty. A CBRE team acted on behalf of the seller.
Phoenix Retail Center Trades for $20M
Executive Managing Directors Ryan Schubert and Michael Hackett of Cushman & Wakefield brokered the sale of the 90,264-square-foot Madison Village Marketplace.
HFF Arranges Sale of Atlanta-Area Retail Center
Brad Buchanan, Mike Allison, Senior, Jim Hamilton and Andrew Kahn represented the seller in the disposition of the 62,719-square-foot, LA Fitness-anchored asset.