Retail
Preferred Apartment Communities Nabs Charlotte-Area Retail Asset
The company used an $18.5 million loan from Nationwide to finance the acquisition. CBRE facilitated the sale of Brawley Commons on behalf of the seller.
Calkain Arranges $6M Sale of VA Shopping Center
Sycolin Corner Strip Center in Leesburg comprises 13,837 square feet and is anchored by a 9,300-square-foot Kiddie Academy. Other tenants include Sandy Nails & Spa, Hunan Cafe and Sycolin Cleaners.
Forge Capital Grabs Memphis Shopping Center
Kroger and Ross Dress for Less anchor the retail property, which contains more than 135,000 square feet. An HFF team facilitated the transaction.
Benderson Development Pays $17M for Chicago Costco
The store is located in the city’s South Loop neighborhood, spans across 16 acres and is part of the Illinois Medical District Campus.
KeyBank Provides $27M Loan for CA Retail Asset
The owner of the Enos Ranch Center, an approximately 119,800-square-foot shopping center in Santa Maria, used the funds to refinance an existing construction loan on the property.
Dollar Tree Opens 11th Baltimore Location
The Fortune 200 company will take up more than 14,000 square feet at Loch Raven Shopping Center in Towson, Md., joining a roster of tenants comprising Subway and Wells Fargo.
Paramount Assets Grabs Value-Add Opportunity in NJ
The company, which specializes in renovating and converting underutilized historical buildings, has yet to decide the fate of the newly purchased office and retail buildings.
The Opportunity Behind Vacant Mall Spaces
Well-known retailers announced thousands of store closings this year, giving most mall operators the shivers. Noddle Cos. Vice President of Leasing Gordon Sudbeck reveals his predictions on how the retail landscape is about to pivot.
Industrial Real Estate: Valuation Fever
What are the implications of recent industrial mergers and acquisitions, and should the market expect this activity to continue? Green Street Advisors Senior Analyst Eric Frankel offers his perspective.
Albanese Cormier Snags 105 KSF Shopping Center in Texas
Hanley Investment Group Real Estate Advisors represented the buyer in its purchase of Renaissance Square in Fort Worth. The 2014-built property is currently 98.5 percent occupied.