Retail
CBRE|Raleigh Brokers Sale of Burlington Outlet Village
Wells Fargo Bank sold the sprawling retail center off of Interstate 40/85 in Burlington for nearly $1.9 million.
CBL Closes $67M Michigan Retail Sale
The two shopping malls, located in Saginaw and Muskegon, Mich., were sold to a private buyer at a hefty price.
University Heights Retail Center Sold with Help from Colliers
San Diego continues to grow at a strong rate, bringing attention to local retail properties.
CBRE Nabs $116M Shopping Center in the UK
The 231,000-square-foot Willow Brook Centre in Bristol opened in 2009 and is anchored by Tesco.
HFF Arranges Record Retail Deal on Rodeo Drive
The building that houses Bijan reportedly fetched a record price per square foot.
Inland Auto Service Center Sale Arranged by Marcus & Millichap
A Marcus & Millichap representative arranged the sale on behalf of the owner, an unnamed partnership, and procured the buyer.
Ross Stores Opens 31 New U.S. Locations
The move is part of the company’s plan to open 90 stores in the U.S. by the end of the year.
Hershey’s Ups the Ante with New Times Square Location
The brand’s new flagship New York City store will be three times the size of its current location.
Economy Watch: NAIOP Report Details CRE Contributions to Economy
Development and construction of new commercial real estate continues to be a strong contributor to the U.S. and individual state economies.
Economy Watch Weekly: Retail Sales Jump in June
The economy not only created more jobs than expected in June, but also saw a decent jump in retail sales for the month. Economy editor Dees Stribling weighs in on this surprising news, for the week ending July 15, 2016.
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