Retail
NYU REIT Symposium: Finding Value in Disruption
Hosted by NYU Schack, the 22nd annual REIT symposium gathered preeminent decision-makers for a spirited dialogue about the forces impacting the sector. Among the event’s headliners were Equity Group Chairman Sam Zell and Blackstone Global Head of Real Estate Jonathan Gray.
Stonelake Begins Third Phase at Park Place River Oaks
The company announced the construction of two four-story buildings atop two levels of below-ground parking and a prominent park within the mixed-use development.
Chicago Retail Center Sells for $24M
Archer Station is fully leased to a tenant roster including Ross Dress for Less, LA Fitness, AT&T Wireless and Athletico Physical Therapy.
Atlanta Area Retail Center Changes Hands
The shopping center known as Dawson 400 is anchored by Napa Auto Parts and Goodwill and was at 88 percent occupancy at the time of the deal. The center benefits from the proximity of North GA Premium Outlet Mall.
Texas 7-Eleven Stores to Be Powered by Wind Energy
The retailer signed an agreement with TXU Energy for 425 of its locations, contributing to the company’s savings by providing incentives through the GreenBackSM program.
Exceeding Expectations
No matter where the project is being built, developers in the rapidly changing retail industry need to always be thinking about what they can bring to the surrounding community to keep them engaged, notes Phil Mays, principal of RocaPoint Partners.
NJ Retail Center Trades for $51M
Phillips Edison Grocery Center REIT II purchased the only grocery-anchored shopping center in Pompton Plains.
TSCG Arranges Sale of Orlando Regional Shopping Center
An affiliate of Charlotte-based Gemini Real Estate Advisors purchased the LA Fitness–anchored asset for $16 million.
A First Look at Target’s New Generation of Stores
Target reveals new design and strategy, as it aims for a more inspiring and easy shopping experience.
Meet Asana Partners’ New CFO
Micah Holton joined the retail real estate investment management firm after serving as senior vice president and CAO at an S&P 500 company.