Retail
JLL Secures $22M in Financing for Humblewood Center
The 172,897-square-foot retail asset is located in a highly visible area of Humble, Texas, at the southwest corner of U.S. Highway 59 and Farm to Market Road 1960.
JLL Arranges Financing For Retail Centers in Austin Suburbs
The retail assets are 19,628-square-foot Elgin Village and 9,240-square-foot Cedar Breaks Center, fully occupied at the time of the deal.
Hanley Arranges Sale of Single-Tenant Walgreens in San Diego County
The 14,380-square-foot property in in Oceanside, Calif., traded for $7.4 million, marking only the second Walgreens in the county to change hands in the last 12 months.
CVS Opens First Standalone Store in Colorado
This location marks the first standalone location in Colorado, which will be followed by the opening of two others, one in Denver and one in Littleton.
Economy Watch: Contrary to Expectations, Some Retailers Are Expanding
While retail bankruptcies are at an all-time high, there are certain retailers that are still expanding, mainly in the off-price or discount category, according to a recent CBRE retail report.
85 Broad St. in Manhattan Gets 2 New Owners
The 1.1 million-square-foot building takes up the full block of Broad Street between South William and Pearl streets and has 115 feet of frontage along Broad Street in the Financial District.
Detroit Northern Suburb Retail Asset Changes Hands
A California-based investor acquired the Southfield, Mich., property from SRC Holdings LLC. Steven Silverman of Friedman Integrated Real Estate Solutions brokered the sale on behalf of both the seller and the buyer.
Apple Opens First Singapore Flagship Store
Foster + Partners paired up with the design team at Apple led by Chief Design Officer Jonathan Ive and Vice President of Retail and Online Stores Angela Ahrendts.
Paragon Closes Largest LA County Retail Deal of 2017
Constructed in the early 1980s, the San Fernando Valley shopping center anchored by Target and Kohl’s traded for roughly $233 per square foot.
IKEA Lands in Nashville
The store will be situated in the Antioch area, 13 miles southeast of downtown. The company is hoping to start construction in the spring of 2019, with an anticipated opening in mid-2020.