Retail
Pinnacle Brokers CO Retail Asset Sale
The company facilitated the $1 million acquisition of a single-tenant, net-leased property located in a King Soopers-anchored shopping center in Westminster.
Tampa Retail Center Trades for $8M
HFF brokered the sale of a 46,904-square-foot shopping center on behalf of the seller, a subsidiary of Cole Corporate Income Trust IV.
Where Suburban Meets Urban
Millennials, transportation policy and community expectations increasingly blur the lines between large-scale projects in big cities and their suburban counterparts.
CityView Commercial Buys GA Retail Center for $45M
JLL arranged the sale of Southlake Mall in the Atlanta suburb of Morrow, working on behalf of Vintage Real Estate, which had owned the property for nearly five years.
JV Acquires WI Shopping Center
Lamar Cos. and Real Capital Solutions have purchased the 216,785-square-foot East Town Plaza in Madison, which was 83 percent leased at the time of sale.
New York Life REI Buys Rare Sarasota Retail Center
JLL facilitated the sale of the 3.9-acre Shoppes at Sarasota Row, a highly walkable location close to numerous shopping, dining, arts and entertainment options.
Lululemon Doubles Flagship Space in NYC
The luxury sportswear retailer took up 20,000 square feet of retail space in United Overseas Bank’s 592 Fifth Ave., which is currently undergoing a facelift.
Payless Bankruptcy Spells Trouble for Vulnerable Malls
After filing for its second bankruptcy, the company is shuttering a slew of valuable retail locations—but struggling malls may suffer most.
Alabama Crossing in Fort Payne Changes Hands
Bob Havasi and Dan Cooper of Cooper Commercial Investment Group facilitated the sale on behalf of the seller. The property traded for $4.3 million.
Construction Outlook Calls for Continued Momentum
Potential risks to the industry, including ongoing tariffs and rising costs, are expected to be offset by the generally strong U.S. economy in 2019, at least in the first half, JLL reports.