Retail
HFF Secures Financing for Denver Shopping Mall
The company worked on behalf of the borrower to arrange the fixed-rate loan for the multi-tenant property, whose roster includes Target, Chipotle and Great Clips.
LA-Area Landmark Walgreens Building Sells for $23M
Hanley Investment Group represented the seller, AEGON USA Realty Advisors, and Realty Advisory Group worked on behalf of the buyer, a private investor in the deal.
DealPoint Merrill Secures Financing for Cleveland Giant Eagle
The $6.6 million loan will be used for the redevelopment of the shopping center. DealPoint Merrill arranged the sale of the same property earlier this year.
PREP Buys 655 KSF Shopping Center in Nebraska
The Cincinnati-based company expanded its portfolio with the acquisition of Shadow Lake Towne Center in Omaha. Tenants include Dick’s Sporting Goods, JCPenney, Best Buy and Old Navy.
Tampa Retail Center Trades for $27M
Cushman & Wakefield arranged the sale of Tampa Bay Center on behalf of the seller. The shopping center has recently undergone a $5 million improvement.
Lynmark Group’s Chicagoland Retail Center Adds Tenants
Wheeling Town Center, which is slated for opening in early 2019, added two new restaurants to its roster, bringing the mall to 83 percent occupancy.
NARE Expands Chicagoland Retail Portfolio
The company acquired Woodgrove Festival, a roughly 157,000-square-foot retail center in Woodridge., Ill. The asset is approximately 89 percent occupied.
Sacramento Valley Retail Center Changes Hands for $18M
The shopping center opened its doors in 1985, anchored by K-Mart. Engstrom Properties renovated the asset and shifted toward a diversified mid-size tenant roster.
Benderson Development Grabs Bay Area Retail Asset
The vacant building that used to be home to Toys “R” Us and Babies “R” Us contains approximately 45,000 square feet.
On the Market: 5 Interesting Listings for August
This month’s listings include several modern office buildings on the West Coast; a top-of-the line medical center in Fort Wayne, Ind.; and a recently completed retail center in Kennewick, Wash.