Retail
Joint Venture Between Aviva and LBG Sells Prime Retail Property
The property is fully leased to Home Depot on a net lease.
Marcus & Millichap Arranges Miami Metro Retail Deal
Currently, the property is 100 percent leased, but the anchor tenant filed for bankruptcy, which will negatively impact traffic at the center.
JLL Expands in Hampton Roads, Names VP
Tom Dunn, JLL Norfolk’s new vice president, will focus on retail leasing in Hampton Roads, Richmond and Charlottesville, Va.
Gonzalez Family Brings Dickey’s Barbecue Pit to El Paso
Father and son team up to bring three Dickey’s locations to El Paso.
Economy Watch: Consumers Less Optimistic, But Still Likely to Spend
The University of Michigan Survey of Consumers chief economist posited that rising concerns about the U.S. economy contributed to the drop in consumer optimism this June.
Economy Watch: Survey Finds Retailers Optimistic, Ready To Take on Internet
Respondents to Levin Management’s annual survey reported strong year-to-date performance and stressed the increasing importance of technology-driven marketing for retailers.
Macy’s Changes CEO in Midst of Reorganization
As Jeff Gennette assumes the president & CEO responsibilities at Macy’s, he will have to examine strategies designed to improve performance, including evaluation of many of its stores.
West Colonial Oaks Mall Sells After Only Three Months on the Market
The 160,000-square-foot property, marketed by Avison Young, presents value add opportunities.
Belay, Arc Capital Form JV to Focus on Millennial Market
The joint venture will focus on acquiring and repositioning properties in California and Texas.
The Market at Springwoods Village in Houston Welcomes New Tenants
Regency Centers signed eight new tenants at the 170,000-square-foot retail center, which is part of the 1,800-acre Springwoods Village master-planned community.