Retail
TCM Sells Limited Partnership Interest in PA Retail Asset
Miracle Mile Retail Center is a power center anchored by tenants such as LA Fitness, Marshalls, PNC Bank and others. The property was 98 percent occupied at the time of the sale.
Baltimore’s Tradepoint Atlantic Lands 1st Retail Tenant
Royal Farms has signed a long-term lease for a 3.7-acre stand-alone pad and is expected to start operations in late-2018.
Tampa-Area Shopping Center Trades for $7M
Aztec Group brokered the sale of Eastside Village Center in Lakeland, Fla. The firm represented both the seller, an affiliate of Brandywine Financial, and the buyer, CF Properties.
OC Mixed-Use Building Sells for $56M
CBRE brokered the sale of The Triangle, a 204,532-square-foot dining and entertainment lifestyle center in Costa Mesa, Calif., on behalf of a partnership led by Greenlaw Partners.
HFF Secures $75M Refi for Rhode Island Mall
The company worked on behalf of a joint venture between Bliss Properties, Mark T. Brennan & Co. and the Lane Family Trust to secure the 10-year, fixed-rate loan through Bank of America.
Most Expensive High Streets in the World: C&W Report
The global real estate services firm released the 29th edition of its “Main Streets Across the World” report, which tracks 451 of the top retail streets, ranking the most expensive in 68 countries by their prime rental value.
Phillips Edison Buys 100 KSF Retail Asset in Florida
In a transaction arranged by Transwestern, a Dallas-based group sold the two-story Winter Springs Town center, which is anchored by Publix.
Forest City in Merger Talks
The REIT, which has been exploring options to enhance stockholder value for the last two months, has reportedly received an invitation from Equity Commonwealth to talk about a merger.
Brookfield Bids $14.8B for GGP
The proposed deal would net shareholders $23 per share and BPY units. The official proposal was submitted to the board of directors on Nov. 11.
When Tenants Need Space
CPE and Kingsley Associates partnered this month to see what tenants thought about the layout in their CRE spaces.