Retail
Paradise Valley Buys Phoenix Retail Center for $11M
The 54,430-square-foot Pueblo Point Shopping Center is situated in an infill location, with high barriers to entry for other potential retail developments. The area’s demographics are favorable, with an average household income of more than $92,000 within a five-mile radius.
Shakeouts, Silver Linings Ahead for Retail in 2018
At ICSC’s New York Deal Making event, industry veterans offered varied perspectives on the challenges facing the sector, and attempted to correct misconceptions that have emerged during a challenging year.
![Anne Mahlum, founder, [solidcore]](https://www.commercialsearch.com/news/wp-content/uploads/sites/46/2017/12/Anne-Mahlum-founder-solidcore.png?w=300)
[solidcore] Opens First Chicago Location
The fitness service provider signed a 2,200-square-foot lease in the city’s River North district, making Chicago the 12th market it has entered in four years.
PAC Snags $19M FL Shopping Center
New Market Properties LLC, the company’s wholly-owned subsidiary, purchased Crossroads Market in Naples, Fla. The shopping center is anchored by a Publix grocery store.
Lifestyle-Oriented Retail Center Coming to Pembroke Pines
Terra Group plans to break ground on 16000 Pines Market’s commercial phase in early 2018, with opening estimated to take place in the third quarter of 2019.
Sofran Partners Begin Construction in Central TN
Work is underway to expand a shopping center in Shelbyville, Tenn. with the addition of a nearly 19,000-square-foot retail building.
RCG Ventures Nabs 471 KSF Idaho Retail Center
Nampa Gateway Center is situated on 78.8 acres along Interstate 84 at Garrity Boulevard, with a traffic count of roughly 112,600 vehicles per day.
NCC Closes $33M Sale of Sacramento Retail Center
With a 98 percent occupancy rate, Laguna Village Investors LLC bought the 15-acre asset anchored by Regal Cinemas and 24 Hour Fitness.
NKF Arranges $27M Retail Sale in NH
The Davis Cos. acquired The Windalier Portfolio in West Lebanon, N.H., comprising three shopping centers totaling more than 230,000 square feet.
Divaris Facilitates 6 Transactions in Richmond
The company negotiated five retail and office leases, as well as the $1.4 million sale of a warehouse and land parcel.