Retail
Three-Point Play for Phillips Edison Grocery Center REIT II
The Cincinnati-based REIT recently acquired three grocery-anchored shopping centers located in Georgia, Florida and New York.
Why Haven’t Low Gas Prices Stimulated Retail Sales?
The answer may lie in the question: How long will it be before consumers start to feel the change is permanent?
$1.1B Sale of Las Vegas Strip Retail Center Closes
A joint venture between Simon Property Group and Invesco Real Estate shelled out roughly $1.1 billion to acquire a luxury retail asset on the Las Vegas Strip.
Davidoff Debuts Flagship Manhattan Store
The Swiss maker of luxury tobacco products recently opened a new global flagship store in the Financial District.
Saks OFF 5TH Enters D.C. Market
The first Saks Fifth Avenue Off 5TH store will open in Washington, D.C., this fall.
Economy Watch: Growth Continues to Plod Along, Says Beige Book
Two recent federal reports show overall continued, albeit sluggish, economic growth, including in the commercial and residential real estate industries.
Economy Watch: Retail Sales Slip in March
The Census Bureau’s retail report for March revealed a surprising dip in sales, although the sector’s performance is still better than it was at the same time last year.
Wheeler Real Estate Acquires 14 Grocery-Anchored Retail Centers for $71M
The 14 grocery-anchored assets, consisting of 603,142 leasable square feet, add to Wheeler’s growing retail portfolio.
HFF Closes Financing for Pearland Parkway II in Houston
Stream Realty Partners received financing from HFF for the development of Pearland Parkway II.
Baceline Goes Shopping in St. Louis
Baceline Investment LLC recently expanded its retail portfolio with the acquisition of a neighborhood shopping center in St. Louis.