Retail
LEGOLAND Takes NY by Storm
The $350 million amusement park will be located in Upstate New York’s Goshen and will open in 2020, offering educational programs for children.
LMC to Manage, Lease NJ Shopping Center
The property is leased by ACME Supermarkets. Levin Management Corp. advised LMC Properties in acquiring the asset.
WeWork Nabs Lord & Taylor Flagship for $850M
Hudson’s Bay Co. sold the iconic building on Fifth Avenue to the co-working giant, which will use the 676,000-square-foot landmark as its new global headquarters.
$58M Sourced to Refi South Florida Retail Portfolio
MMG Equity tapped HFF to find the lender, a life company, for a nine-property portfolio. The properties are located in urban infill areas in what reportedly are some of South Florida’s densest retail submarkets.
LA-Area Retail Center Sells for $38M
Weingarten Realty sold the 92,000-square-foot retail asset. More than half of its tenants are entering their 22nd year of contract. NKF represented the seller.
IL Retail Property Gets New Owner After 30 Years
The property is located half a mile from one of the largest retail shopping centers in Illinois, Woodfield Mall. The deal closed at $6.3 million.
HFF Brokers Suburban LA Shopping Center Sale
Located in Burbank, the 165,500-square-foot Plaza Del Sol’s unique mix of property types, full tenant roster and desirable ethnic grocery anchor proved a strong draw for investors.
Newly Developed Retail Center Lands $13M Loan
Meridian Managing Director Noam Kaminetzky arranged the financing on behalf of the owner, an entity affiliated with Miami-based Midtown Realty.
HFF Arranges Colorado Retail Sale
Brookhill Towne Center sits on approximately 8.5 acres. The retail center is 81.5 percent leased to three tenants: Fruehauf’s, Guiry’s and Dollar Tree.
Amazon’s Quest for HQ2 Broadens
Will it be Chicago? Irvine? Canada? According to a 2017 study by Development Counsellors International, survey respondents choosing the three most favorable U.S. business environments placed Texas first with 42 percent.