Retail
CO Retail Asset Trades for $11M
Transwestern represented the seller, Transmark Co., in its disposition of Broadbridge Shopping Center in Littleton, which is currently 89 percent leased.
Fitness Joins the Brick-and-Mortar Vacancy Debate
Robert Cohen, CEO of Earth Treks and Planet Granite, touches on how gyms are benefiting from the experiential retail trend and the advantages of having social spaces in health clubs.
Boston-Area Retail Asset Changes Hands for $6M
Built in 1958, the fully occupied property is within a 40-minute drive north of downtown Boston and comprises 30,000 square feet.
Velocis, Katz Acquire MD Retail Center
Brandywine Crossing comprises roughly 231,000 square feet and is anchored by four major retailers. This purchase marks the firm’s fifth investment in the Washington, D.C., metro.
Baceline Investments Grows Retail Portfolio
The firm purchased four shopping centers located in Wisconsin, Texas, Tennessee and Utah, spending a total of $18 million on 131,000 square feet of leasable space.
Lamar Acquires 2 DFW Shopping Centers
The company teamed up with Real Capital Solutions to purchase Shops at Vista Ridge and Vista Ridge Plaza, totaling more than 290,000 square feet.
HFF Brokers $13M Sale of Pittsburgh-Area Retail Asset
Fully occupied by Levin Furniture, the 53,000-square-foot property is located adjacent to a Whole Foods-anchored retail center along Perry Highway.
Hanley Investment, Voit Arrange $10M Sale of CA Shopping Center
RC Plaza in Rancho Cucamonga features nine retail buildings totaling 37,239 square feet. Current tenants include Starbucks and Pizza Hut.
Elit Breaks Ground on Miami-Area Retail Development
The 45,000-square-foot plaza already has two tenants on the roster and is set to feature a plethora of other businesses upon its completion next year.
Simon Property Appoints New EVP, CFO
Brian McDade, who most recently served as the company’s senior vice president & treasurer, will succeed Andy Juster, who is retiring on Oct. 1, 2018.