Retail

Alpharetta’s Mammoth Mixed-Use Project Lands 9 Retail Tenants

North American Properties announces nine retailers coming to Avalon’s Phase II, which will include luxury residences, a 325-key hotel and more.

HFF Facilitates Sale of Fort Lauderdale-Area Retail Asset

A 16.20-acre grocery-anchored retail center has changed hands in Plantation, Fla.

Luke Petherbridge, Excel Trust

Excel Trust Named New President & CEO for Extended Portfolio

Luke Petherbridge is leaving his role as CFO at DDR Corp. for a top position at Excel Trust, a REIT which more than doubled its portfolio.

Pontus Capital Secures $109M Loan for National Retail Portfolio

HFF managed to secure a $109 million acquisition loan for Pontus Capital to purchase a 61-asset retail portfolio in the Eastern U.S. and Northern California.

Macomb Mall in Roseville, Mich.

Are Metro Detroit’s Outdated Shopping Malls Going Extinct?

The life and death of shopping malls in the Detroit area. Can they be revived?

Renaissance Center, Durham, N.C.

CBRE|Raleigh Wins Leasing Assignment for Renaissance Center in Durham

InvenTrust Properties has selected CBRE|Raleigh to handle the leasing responsibilities for the retail and office portions of Renaissance Center in Durham.

Marcus & Millichap Lists Publix-Anchored Jacksonville Retail Center

Publix-anchored Gateway Town Center in Jacksonville’s Northside sub-market for sale for $12 million.

Drexeline Shopping Center

HFF Lines Up Financing for Suburban Philly Shopping Center

In a deal facilitated by HFF, The Hampshire Cos. and MCB Real Estate received a $21.7 million acquisition loan for Drexeline Shopping Center in Drexel Hill, Pa.

78 Kmart and Sears Stores to Close in July and September Nationwide

Nearly 80 Kmart and Sears stores will shut down this summer.

Economy Watch Weekly: CRE Lending, Development to Pick Up

Economy Editor Dees Stribling brings some good news for the commercial real estate industry, with industry reports pointing to an increase in construction lending and activity later this year, for the week ending April 22, 2016.