Retail
IKEA Names Contractors for Upcoming San Antonio Store
The new store will feature almost 300,000 square feet of space and is expected to open during the summer of 2019.
How to Survive Retail’s Next Phase
At ICSC’s New York Deal Making event, industry experts listed a number of critical strategies that retailers and retail real estate owners will need to pursue to stay competitive, among them the need for flexibility and the adaptability to address changing consumer preferences and shopping habits.
U-Haul Purchases Western CO Retail Building
The property, featuring more than 85,000 square feet of space, was formerly occupied by a Kmart which closed its doors in March.
Aztec Group Secures Financing for 67 KSF Retail Center
The company arranged $6.7 million in financing for a shopping center located in the suburbs of Tampa. BankUnited provided the loan, with a 70 percent loan-to-value ratio.
Unibail-Rodamco to Acquire Westfield in $16B Deal
Expected to close in the second quarter of 2018, the transaction would create a global company with a gross market value of $72.2 billion and 104 assets in many of the world’s most attractive retail markets.
Capturing Holiday Sales with the Store-Within-a-Store
The shop-in-shop trend has grown into an industry segment grossing $10 billion annually. Learn how brands can pick the right complementary partners in order to capture more walk-in customers.
Kennedy Wilson Refinances $334M of Irish Properties
Euro-subsidiary completes refinances of seven assets, including office, retail and multifamily properties in the capital city of Dublin. The deal follows this fall’s merger between Kennedy Wilson Holdings and Kennedy Wilson Europe Real Estate.
ShopOne Enters NYC MSA
The company acquired Oak Park Commons, a 139,717-square-foot grocery-anchored shopping center in South Plainfield, N.J., continuing its plan to diversify the geographic makeup of its portfolio.
HFF Arranges Sale of 150KSF Inland Empire Shopping Center
The buyer of Perris Plaza, a joint venture, plans to expand the property to almost 300,000 square feet and bring several new retailers and restaurants. Leasing has already started.
Faris Lee Completes Sale of CO Retail Asset
Governors Park Lofts LLC has acquired the freestanding retail property for $6.1 million. The transaction closed at a 6.5 percent cap rate.