Retail
Hanley Arranges Sale of CA Shopping Center
La Verne Courtyard, an 84,368-square-foot property anchored by ALDI and Orchard Supply Hardware, sold for $20.7 million.
JLL Adds 1.3 MSF to CA Management Portfolio
Cypress Equities purchased Burbank Town Center two years ago and Glendale Marketplace in 2013. The company invested $60 million in the renovation of the first retail asset.
Tuft & Needle’s Phoenix HQ Trades for $9M
In 2012, the e-commerce and manufacturing firm acquired and completely renovated the iconic building in the city’s downtown area. Retail Realty Fund now purchased the entire 36,000-square-foot property from SimonCRE.
Big Box Tenants—The Next Generation
The same qualities that turn these assets into eyesores when they’re empty also hold the key to their revival. Creative repurposing is breathing new life into retail properties past their prime.
BBX Capital, Stiles Trade FL Retail Property
The building sold for more than $7 million and is part of PGA Station, a mixed-use development featuring office and shopping space.
CPE’s Top 5 March Posts
Miss out on any CPE stories? Here are five of our most popular articles for the month.
CBRE Miami Taps Retail Expert for Transaction Services
Drew Schaul will return to the firm, specialize in both landlord and tenant representation, following a seven-year stint establishing and leading Robert Futterman & Associates Miami operations.
Andrew Segall Stays Ahead of the Retail Revolution
Combining sharp analytical skills with an aptitude for building relationships, Andrew Segall has made his mark on the Mid-Atlantic retail market over the past 25 years, most recently as the owner of Baltimore-based Segall Group.
HFF Brokers Sale of 382 KSF Shopping Center in CT
An entity managed by DDR Corp. has sold the 382,864-square-foot, Walmart-anchored Naugatuck Valley Shopping Center in Waterbury, Conn. The property includes 2,155 parking spaces.
North FL Retail Development Lands $80M Loan
The 80-acre shopping center in the Jacksonville area is already underway, with the first phase wrapping up later this year.