Retail
JLL Acquires Canadian Retail Advisory Firm
The purchase of Northwest Atlantic will allow the company to expand its current retail advisory business and provide a range of real estate and leasing services to retailers looking to operate or expand in the Canadian market.
Safety Net?
Interest in single-tenant net-leased properties is gaining momentum. A strengthening economy and the newly introduced 20 percent deduction on income from pass-through entities are some of the factors behind this trend.
Sterling Sells Metro Orlando Mall for $73M
AEW Capital Management is the new owner of the Center of Winter Park, which had been extensively renovated and re-tenanted over the past five years.
Dollar Stores See Rising Cap Rates
The latest report from The Boulder Group attributes rising cap rates in part to a drop in the average remaining lease term at some stores. Meanwhile, institutional investors continue to lose interest in the sector, which nonetheless remains healthy.
Investors Favor Internet-Resistant Net-Leased Assets
In an economic environment where e-commerce continues to encroach on brick-and-mortar retail, what types of tenants will stand the test of time? Transwestern Vice President Sade Ghorban explores this niche.
Tallahassee Retail Asset Changes Hands for $16M
JLL Capital Markets arranged the sale and financing of Killearn Shopping Center on behalf of the sellers, a joint venture between DDR Corp. and Madison International Realty.
JV Celebrates Milestone for 4.2 MSF DC-Area TOD
The Meridian Group and Kettler have topped out on the structures comprising the 1.7 million-square-foot first phase of the transit-oriented development in Tysons, Va.
Single-Tenant Retail Asset Changes Hands in NM
The 43,484-square-foot property is on the border of New Mexico and Texas. The only tenant of the building is a grocery store.
JV Acquires 350 KSF DC-Area Retail Center
GBT Realty Corp. teamed up with Equity Resource Investments and Avante Financial Group to buy Ellsworth Place in Silver Spring, Md. The asset was 93 percent leased at the time of sale.
Charleston Mixed-Use Asset Lands 3 Retail Leases
Federal Capital Partners and Kane Realty are renting 7,200 square feet at 601 Meeting St. to a nail salon, a cafe and a fitness facility.