Retail
Phoenix-Area Retail Center Trades for $22M
The 118,377-square-foot property located in Glendale is 97 percent leased, with Walmart as main anchor. Lee & Associates Arizona represented both the seller and the buyer.
How to Improve Retail Financing Prospects
Why an effective leasing strategy is critical in order to secure funding for retail properties, according to Transwestern Senior Vice President Larry Jordan.
Abbey Nails Down $229M Bridge Funding on Retail Portfolio
Represented by law firm Sklar Kirsh, the company recapitalized a 27-property portfolio in California. The assets total 2.1 million square feet of space scattered across Los Angeles, Orange, Riverside, San Bernardino, Fresno and Kern counties.
JV Lands Equity, Construction Financing for FL Retail Project
O’Connor Capital Partners and LaSalle Investment Management, with help from HFF, secured the financing for Vineland Pointe, a 470,000-square-foot retail destination in Orlando.
Q&A: The Retail Experience of Digital Natives
A.T. Kearney’s Michael Brown provided insight on how the new generation of consumers will impact the format of future shopping centers and why technology will be such a big part of the retail story.
Retail Investment Trends to Watch in 2018
While some markets are stronger than others, the new Marcus & Millichap report points to general trends such as rising consumer confidence levels, the potential for higher wages and changes in the tax law that could play a role in shaping the economy and retail demand in 2018.
KAI Renovates 4 St. Louis Retail Assets
The four buildings in the greater metro area have now reopened as Art Van Furniture stores, following $3.5 million in renovation work.
NCC to Lease NorCal Retail Space
The 4,310-square-foot street-level retail unit in Walnut Creek, occupied by a restaurant until last summer, sits beneath a 250-stall parking garage.
Flix Brewhouse to Anchor TX Retail Center
The pedestrian-friendly, outdoor retail center is spread across 63 acres at Interstate 10 and Paseo del Norte in El Paso, Texas, and is slated for completion in early 2019.
Alexander & Baldwin Takes 3 in Hawaii for $254M
Terramar Retail Centers disposed of three newly constructed retail centers, totaling 391,000 square feet. As part of the transaction, A&B also assumed $62 million in mortgage debt.