Retail
How South Florida Malls Are Navigating Vacancy Growth
CREC’s Steven Henenfeld spoke to Commercial Property Executive about South Florida’s retail centers and what landlords are doing to keep tenants and customers interested.
Kimco Sells 370 KSF Midwest Shopping Center
Chase Properties and DRA Advisors used a $40 million Wells Fargo loan to fund the acquisition of Primrose Marketplace, an open-air retail property in Springfield, Mo.
Food, Fun Power Retail Redevelopment
Mall owners are spending millions—and in one case even $1 billion—on makeovers to keep their retail centers fresh, hip and inviting.
CBRE Taps New Retail VP
Alex Cesar brings more than 16 years of commercial real estate experience to his new position, in which he will specialize in landlord and tenant representation.
Preferred Apartment Communities Grabs 2 Retail Assets
Publix grocery stores anchor both community shopping centers, which total nearly 140,000 square feet in the Nashville and Atlanta areas.
Retail Expansion Kicks Off Near Atlanta
The second phase of The Shops at Belmont will add more than 10,000 square feet to the property. Two tenants have signed leases and expect to open this fall.
Does Tax Reform Provide Life Support for the Retail Market?
After the Tax Cuts and Jobs Act, the question remains whether the retail sector will reap benefits that will allow it to more easily navigate its evolving business model driven by changing consumer preferences.
JPA Management Sells Maine Shopping Center
Falmouth Shopping Center is currently 89 percent leased to anchor-tenant Shaw’s Supermarket, as well as Goodwill, Bank of America, Ocean State Job Lot and Sullivan Tire.
Manhattan to House Swingers Golf Club’s First US Location
The London-based golf venture will occupy 22,000 square feet of space in Lam Group’s upcoming Virgin Hotel in the NoMad neighborhood.
CBRE Facilitates Chicago Retail Lease
Senior Vice President Joe Parrott represented the management of Marshfield Plaza, a 452,935-square-foot shopping center located in the city’s South Side.