Retail
CREC Arranges $13M Sunrise Retail Sale
CREC Vice President Andrew Remick and Aztec Group Managing Director Peter Mekras worked on behalf of seller CPAC in the transaction.
Orlando Retail Center Lands $22M in Financing
CBRE negotiated the loan on behalf of Unicorp National Developments Inc. for its Westside Shoppes in Windermere, Fla. The 68,346-square-foot retail center is fully leased.
NJ Retail Center Welcomes New Tenant
Goldfish Swim School will occupy 8,100 square feet at the Eastman Cos.-owned The Shoppes at the Livingston Circle in Livingston, N.J., which added multiple new tenants over the past few months.
Kimco to Build $110M Shopping Center in Baltimore Area
The company will erect the 575,000-square-foot Mill Station on the land that had been home to the now-demolished Owings Mills Mall.
Divaris Completes 6 VA Leasing Transactions
The company renewed contracts for five clients, in addition to a new tenant. The office and retail spaces are all located near major transit routes and shopping centers.
NewMark Merrill Buys CA Shopping Center
Madison Marketplace is located in Fair Oaks, Calif., and is 93 percent leased to several national and local retailers including Raley’s Supermarkets and TJ Maxx.
Uber Capital Group Finances Nebraska Retail Asset
The Conestoga Mall is known as the largest mall between Lincoln, Neb., and Denver. The property has more than 60 tenants, including Best Buy, Dillard’s, JC Penny, AMC Theatre and others.
NY-Area Retail Centers Land $663M Refi
The refinanced portfolio comprises 98.1 percent leased retail centers anchored by grocery stores, including ShopRite, Aldi, Home Depot and more. The loans include 14 fixed- and two floating-rate facilities with terms ranging from seven to 13 years.
Retail Strategies: Grocery Stores & E-Commerce
Joel Murphy, CEO of New Market Properties, reveals the strategies his grocery store tenants are using to compete in the e-commerce space.
Retail Strategies: New Market Properties
Joel Murphy, CEO of New Market Properties, provides insights into retail trends and how his company is addressing them, including the best markets and tenants for today and tomorrow.