Retail
Transwestern Announces Redevelopment of Landmark Minneapolis Office and Retail Complex
The historic Baker Center in downtown Minneapolis is headed for a more than $20 million renovation.
Music City Retail Center Changes Ownership
Castle Rock Equity Group, the new owner of Demonbreun Hill, plans a larger mixed-use development on the 3.38-acre site.
Riverside Entertainment Center Trades Hands
CBRE-controlled NRIG-West successfully completed the marketing process for University Village.
Economy Watch: Economy Creates Healthy 215K Jobs
The number of jobs increased in retail trade, healthcare and construction, all of which are sectors that have an impact on commercial real estate.
DRA Advisors Completes Merger with Inland
Inland Real Estate Corp. is now IRC Retail Centers Inc., following the company’s $2.3 billion merger with DRA Advisors LLC.
PREIT Nears Finish Line with Sale of Four Non-Core Malls
The Philadelphia-based REIT recently sold four of its retail assets for roughly $92.4 million, as part of the company’s portfolio repositioning effort.
Viking Partners Acquires Clawson Shopping Center in Suburban Detroit
The Cincinnati-based company acquired a grocery-anchored retail center in Clawson, Mich.
HFF Arranges Financing for Retail Center Near Phoenix
Progression REI acquired a 116,358-square-foot grocery-anchored shopping center near Phoenix thanks to a $6.3 million fix-rate loan with Wells Fargo Bank arranged by HFF.
Aztec Group Seals $52M Deal for Riverbend Marketplace in Ft. Lauderdale
Aztec Group finalizes two transactions for a Walmart-anchored shopping center in Miami MSA.
Nordstrom Rack Store Coming to Washington, D.C.
A 37,000-square-foot Nordstrom Rack store will open in Washington, D.C., in the fall.