Retail
JV Buys $19M NY Shopping Center
DDR sold the 174,642-square-foot Southern Tier Crossing in Horseheads, N.Y., which is currently 89 percent leased to tenants including Dick’s Sporting Goods, PetSmart, Five Below and Buffalo Wild Wings.
The Changing Retail Landscape
CBRE Head of Retail Research for the Americas Melina Cordero sat down with Commercial Property Executive to discuss the major trends and challenges facing the retail sector and how retail real estate owners and managers, as well as retailers themselves, are adapting.
Regency Centers Sheds Northern Florida Retail Center
The nearly 85,000-square-foot shopping center, home to a range of national and local tenants, sold for more than $10 million.
Kidder Mathews Hires New Sacramento SVP
With more than 30 years of industry experience, John Austin contributed to the development of several major shopping centers, while also negotiating more than 800 transactions.
Albertsons Trades 2 North TX Retail Properties
Dallas-based 356 Development purchased the assets, which include nearly 125,000 square feet combined. Venture Commercial represented the seller in this transaction.
National Asset Services Picked to Manage SC Retail Asset
Planet Fitness, Office Depot, Stein Mart and 26 other tenants occupy the open-air shopping center, containing nearly 250,000 square feet.
JLL Names New Retail VP in Orlando
With more than 150 transactions completed, Brandon Delanois has been promoted from associate. He will focus on retail projects in mixed-use developments, university campuses and entertainment centers.
Brookfield Secures Partners for $15B Purchase of GGP
The company has obtained commitments from four investment entities, including CBRE and TH Real Estate, to help finance its planned acquisition of the retail property owner.
Mall REIT M&A Could Accelerate
On the heels of Brookfield Property Partners’ acquisition of GGP, BDO USA Partner Stuart Eisenberg posits that retail REITs may have a bumpy road ahead.
‘Death of Retail’ Rumors Overblown
While investors in retail real estate are facing a number of challenges, opportunities for returns remain in brick-and-mortar stores, argue Squire Patton Boggs’ John Thomas and Stacy Krumin.