Retail
Inland Empire Retail Center Sells for $32M
Cushman & Wakefield brokered the sale of Upland Town Square, a 100,350-square-foot retail center. The property was approximately 88 percent leased at the time of the acquisition.
Kimco Begins $186M Staten Island Redevelopment
A redevelopment of the former Hylan Plaza shopping center—the 460,000-square-foot “The Boulevard”—is scheduled to open in early 2020.
Construction Begins on Miami’s Wynwood Walk
Thor’s mixed-use project will feature a mix of retail and restaurant space with a green rooftop, paseo and a landscaped terrace with outdoor seating.
Harbor Freight Adds 1 MSF to SC Hub
Already the region’s largest employer, the retailer intends to double its workforce. With this expansion, Harbor’s total investment in South Carolina will exceed $200 million.
CBRE Puts Chicago Retail Property on the Market
Elston Logan Plaza is fully leased to XSport Fitness, Panera Bread and Mattress Firm. CBRE Vice President Keely Polczynski will be in charge of listing the property.
Avison Young Arranges $24M Sale of Orlando Retail Center
IMC Equity Group sold Good Homes Plaza, a 96 percent-occupied asset situated near one of the area’s high-trafficked roadways.
NewMark Merill Buys Placentia Town Center in CA
CBRE supported the buyer and Newmark Knight Frank represented the seller in the deal. NewMark Merill owns a portfolio of more than 78 shopping centers in Colorado, Illinois and California.
Mid-America Real Estate Closes Ohio Retail Deal
Belden Park Crossings in North Canton, Ohio, is anchored by Target and features a strong tenant mix which includes Kohl’s, Dick’s Sporting Goods, Ulta and DSW, among other retail businesses.
U.S. Realty Snags $57M CA Shopping Center
The 334,939-square-foot Murrieta Town Center, a value-add community shopping center in Murrieta, Calif., is currently 81 percent leased. HFF represented the seller in the transaction.
Schuckman Realty Names New VP
Trent Dickey will take on a newly created position—vice president of New York City landlord representation. He will be involved in managing the firm’s brokerage expansion in New York.