Retail
A Look at Retail’s Future
On the first day of ICSC’s RECon 2018 in Las Vegas, panelists looked back at 25 years of retail and predicted what the next 25 might look like.
Puma Debuts Global Flagship Location in Manhattan
The company will occupy the entire retail section of SL Green’s office building, right in the middle of the city’s busiest shopping corridor.
InvenTrust Snags Florida Grocery-Anchored Shopping Center
Tenants at the 120,000-square-foot asset include Marshalls, Ulta Beauty and Chase. At the time of sale, the property was 95 percent occupied.
Strahan Brings Star Power, Insight to RECon Keynote
The TV personality and Hall of Fame NFL player opened ICSC’s annual convention with perspectives on leadership, persistence and adapting to change.
Grocery-Anchored Retail Center Trades in RI
HFF represented ShopCore Properties in the sale of the 60,488-square-foot retail center in Richmond, which includes a supermarket, fuel center and a fitness club.
Abrams Realty Snags $55M PA Retail Power Center
HFF marketed the property on behalf of Urban Edge Properties and arranged a $50.4 million floating-rate acquisition loan for the buyer.
Simon Property Group to Spend $4B on Experiential Upgrades
The retail and mixed-use property developer will transform some of its most notable assets with a mix of new offerings ranging from progressive restaurant concepts to premier hotels.
Miami-Area Shopping Complex Fetches $12M
Walmart is the anchor tenant of the 2016-built Palmetto Design Plaza and has 17 years remaining on its lease with 16 five-year options.
Boxcar Betty’s Coming to Chicago
CBRE’s Phil Golding negotiated the lease on behalf of the tenant, while Todd Siegel and Kim Wiskup represented the landlord, KBS Realty Advisors.
Blackstone’s International Market Centers to Buy AmericasMart
The merger, expected to close in the third quarter, will yield a company with 20 million square feet of permanent showroom accommodations.