Retail
Terramar, Studley Sell 618 KSF Shopping Center in Santa Clarita, Calif.
Terramar Retail Centers, with the help of Studley, has sold a 618,000-square-foot regional shopping center in Santa Clarita, Calif. through its subsidiary, GMS Golden Valley Ranch.
Stream Realty Partners Gets Financing for Power Center in Houston Area
Stream Realty Partners has received joint venture equity and construction financing for a 165,000-square-foot power center development in Pearland, Texas.
Rooker Buys 90-Acre Mall Site in Atlanta for Redevelopment
Atlanta-based real estate development and construction company Rooker plans to buy a 764,000-square-foot mall on a 90-acre site in Union City, Ga., and redevelop the property.
David Durning: Prudential’s Construction Financing Strategy
David Durning, president & CEO of Prudential Mortgage Capital Co., describes the insurance company’s commercial property construction loan program.
Online Retail Sales On the Rise
For more on the impact of e-commerce on retail and industrial real estate, see the special report in the March issue of CPE.
Gallery: Adaptive Reuse
Developers are infusing new energy into adaptive reuse. This slideshow depicts examples of distinctive projects from around the country.
Hines Sells Industrial, Retail Assets in Mexico to Fibra Uno REIT
International real estate firm Hines has sold a portfolio of five industrial properties and one retail center in Mexico.
Madison Int’l Acquires Interest in Downtown NYC Retail Condo for $68M
Madison International Realty shelled out $68 million on the acquisition of a non-controlling 49 percent interest in a retail condominium at 510 Sixth Ave. in Manhattan.
Auction.com to Auction Woolworth Building in Downtown LA
The historic Woolworth Building at 719-725 South Broadway in downtown Los Angeles will go up for auction on March 10, according to Auction.com.
Vornado to Sell Broadway Mall in Hicksville, NY, for $94M
Vornado Realty Trust has entered into an agreement to sell Broadway Mall in Hicksville, N.Y., on Long Island, for $94 million.