Retail
The Avenue Shops at Cleveland’s Tower City Center Commands $56.5M
The three-story, 366,000-square-foot property encompasses more than 100 retailers and restaurants, plus an 11-screen movie theater.
Boulan South Beach Developer Sells Luxury Condotel and Retail Units For $25M in Miami Beach
Parc Place Development sold 30 luxury condotel units and two retail units within the Boulan South Beach for $25M.
Publix-Anchored East San Marco Project Finally Happening
Regency Centers joined forces with three real estate development and management companies to kick off a long-stalled development project in Jacksonville.
Economy Watch: Data Show Middling Growth For Economy
Despite the slow growth of the U.S. economy, consumer spending increased more than previously estimated in 2015.
Tempe Retail Buildings Provide Urban Infill Opportunity to New Owner
A San Francisco-based private investor paid nearly $14 million for two retail properties in downtown Tempe.
MGM Resorts Pulls Trigger on Mega-REIT
The newly formed MGM Growth Properties REIT recently filed a registration statement for an initial public offering.
Inland Investors Approve Merger with DRA
Inland Real Estate Corp.’s common stockholders have approved the merger between the company and a DRA Advisors subsidiary.
Retail Asset Changes Owners near Jersey Shore
The Plaza at Cape May Court House grocery-anchored retail center in New Jersey has been sold for $23.1 million.
SF Officials Agree on Changes to $8B Candlestick Point Mixed-Use Project
Lennar Urban and Macerich are moving forward with the development of a 775-acre mixed-use project in the Golden Gate City.
TPG, Phillips Edison Grocery REIT II Team on $250M Venture
The two companies have formed a joint venture to acquire several grocery-anchored retail centers across the U.S.