Retail
Goldman Sachs JV Buys NJ Retail Center
Springfield Avenue Marketplace in Newark comprises 120,000 square feet and provides residents from the area—including students from four universities—a wide array of shopping and dining options.
New Locales Are Prime for Amazon’s Dual HQ
NetCMG’s Jonathan Hipp points to the market-wide shifts that are already occurring in the wake of the e-commerce giant’s rise, accelerated by the company’s decision to split its new headquarters.
How Will Retail Perform This Holiday Season?
A new JLL survey predicts the main trends that will define holiday spending this year, when people may spend as much as 5 percent more than in 2017.
CBRE Brokers $41M LA Retail Center Sale
A joint venture between Hutensky Capital Partners and Festival Cos. sold the 112,000-square-foot Santa Fe Trail Plaza in El Monte.
HFF Arranges Sale of Portland Retail Center
As the new owner of the asset, Asana Partners plans to make significant enhancements to the property and push leasing efforts to attract new tenants.
World’s Most Expensive High Streets
Tracking more than 400 top retail streets, Cushman & Wakefield’s 30th edition of its Main Streets Across The World report ranks them by their prime rental value.
Mission Capital Arranges $13M Loan for Chicago Retail Asset
The owner, an affiliate of the Sterling Organization, will use the financing to recapitalize the vacant property, which is part of the Magnificent Mile.
Phillips Edison, Northwestern Mutual Form $415M JVs
The two seeded joint ventures, Grocery Retail Partners I and II, own a combined portfolio of 20 shopping centers anchored by leading grocers.
Restored Jacksonville Landmark Earns LEED Silver
The restaurant received recognition for the environmentally friendly materials and methods used during construction and ongoing operations that reduce its environmental impact.
Newmark Knight Frank Secures Refi for Soho Retail Assets
Oaktree provided the floating-rate loan to a partnership led by 60 Guilders to upgrade two interconnecting spaces encompassing more than 4,000 square feet.