Retail
OC Retail Center Sells for $30M
JLL has arranged the sale of a 77,276-square-foot shopping center located in Fullerton, Calif. The brokerage firm represented the seller.
Atlanta-Area Retail Property Trades for $2M
Kehr Hunter Properties disposed of Delk Powers Ferry Place in Marietta, Ga. The 88 percent leased asset includes tenants such as Domino’s Pizza, American Deli and China Doll.
Lamar Acquires 550 KSF Phoenix-Area Shopping Center
In partnership with Real Capital Solutions, the company purchased a segment of Promenade at Casa Grande, a 1 million-square-foot retail property in Casa Grande, Ariz.
Hub International Presents New Risk Purchasing Program
The program will provide broad umbrella coverage with no shared limits for offices, industrial, retail and mixed-use spaces.
On the Market: 5 Interesting Listings for May
This month’s listings include a modern three-story office building in Fort Lauderdale, Fla., a former school that will be turned into multifamily property, a historic office building and two retail centers.
CRE Challenges: A Look at Current Retail Issues
Foley & Lardner attorney Kim Ashby talked to Commercial Property Executive about the impact of key economic trends on the retail climate and what the future may hold for brick-and-mortar businesses.
Retail Leaders Share Strategies for Change
Marcus & Millichap’s annual Retail Trends panel, held during RECon, addresses the opportunities and challenges posed by a sector going through rapid transformation.
Colliers Brokers Sale of 2 PA Retail Assets
The properties—a 9,000-square-foot, three-story historic office and retail building and a gas station/convenience center—traded for a combined $6.8 million.
Stockbridge Grabs $40 South FL Retail Asset
The new owner selected CREC to oversee management and leasing for The Fountains of Miramar, a nearly 140,000-square-foot shopping center.
Retail Investment to Gain Momentum After Sluggish Start to 2018
JLL largely attributed the drop in investment to caution and the perception that current retail returns are not commiserate with current valuations.