Retail
Austin Retail Center Sells for $112M
InvenTrust Properties Corp. bought the 404,000-square-foot asset from a local developer. Anchored by a 365 by Whole Foods, the property is located in a rapidly growing submarket.
Keystone Secures $60M for OC Retail
One of Keystone’s correspondent insurance companies sourced the 15-year, fixed-rate loan for the 295,000-square-foot shopping center in Laguna Niguel, Calif.
Hanley Completes Target Shadow-Anchored Retail Sale
The 22,577-square-foot shopping center in Lake Elsinore, Calif., changed hand for $11.6 million. The asset has long-term tenants and was fully occupied at the time of the transaction.
Historic Detroit Restaurant Goes Energy Efficient With C-PACE
Austin-based Petros PACE Finance facilitated nearly $1 million in C-PACE financing, which will allow the owner to install energy-saving components that are projected to save $2 million during the next 20 years.
Westwood New Executive VP Leads Expansion
Matt Lougee brings a decade of real estate finance experience and will spearhead the firm’s corporate strategy and finance, supporting its growth.
Dunkin’ Donuts Serves Up 7 New NC Restaurants
The chain is expanding its presence in the Raleigh-Durham market with its plan to develop seven new restaurants, in partnership with existing franchisee Coastal Franchising Inc.
Full House at Suburban NJ Shopping Center
Key Properties LLC signed three new leases at the recently developed Hanover Crossroads in Cedar Knolls, N.J., bringing the asset to full occupancy.
What Amenities Do Tenants Want?
Does your property have everything your tenants need? CPE and Kingsley Associates report what office users most want in their properties.
Joe & The Juice Coming to Chicago
A team of brokers from CBRE represented the Danish company in closing on three lease agreements in three neighborhoods in Chicago. These locations will be the first ones the beverage provider will open in the Midwest.
GBT Delivers Three Midwest Shopping Malls
The shopping centers are located near St. Louis, Little Rock, Ark., and Oklahoma City, and total more than 500,000 square feet of retail space.