Retail
Weingarten Acquires 350 KSF Shopping Center in Austin
Weingarten Realty Investors has acquired Mueller Regional Retail Center, a 350,000-square-foot power center adjacent to I-35 in Austin.
Inland American, Inland Diversified Select JLL to Lease 1 MSF Dallas Retail Portfolio
Inland American Retail Management and Inland Diversified have chosen Jones Lang LaSalle Retail to lease seven shopping centers in the Dallas area.
Trio of Lenders Provide $850M for Tysons Corner Center Refi
Prudential Mortgage Capital, Northwestern Mutual and TIAA-CREF each chipped in $283 million, for a total $850 million, to refinance Tysons Corner Center in metro Washington, D.C.
Mack Urban, AECOM Acquire Six Acres in Los Angeles CBD
Mack Urban and AECOM Capital have teamed to acquire six acres of land in downtown Los Angeles’ South Park district, on which they plan to build a new mixed-use neighborhood.
Jamestown Acquires San Francisco’s Famed Ghirardelli Square
Aiming to boost its appeal to locals as well as tourists, Jamestown has acquired the famed Ghirardelli Square retail complex at San Francisco’s Fisherman’s Wharf for a reported $56 million.
Cypress Equities Buys 350 KSF Alabama Power Center
Cypress Equities, acting through a fund managed by its real estate investment management group, adds a third Alabama retail property to its portfolio with the acquisition of Promenade Tannehill, an approximately 350,000-square-foot regional power center in the suburban Birmingham town of Bessemer.
Macquarie REIT Acquires Double Retail Center in Mexico City for $153M
The Macquarie Mexican REIT has made a move into the Mexico City retail market with the purchase of two commercial properties in the capital’s metropolitan area for $153 million.
CBL Sells 3 Malls in the Southeast for $176M
CBL & Associates Properties has closed on the sale of a three-mall portfolio in the Southeast for a gross sale price of $176 million in cash.
H&M Takes 63 KSF Flagship Spot at Re-Envisioned Herald Center in NYC
JEMB Realty’s long-held vision for Herald Center, its 250,000-square-foot office and retail property at the intersection of 34th Street and Broadway in Manhattan, is coming to fruition. The 10-story tower has landed fashion retailer H&M for occupancy of a prominent 63,000-square-foot wraparound retail space under a 25-year lease agreement.
Ivanhoé Cambridge Ends Phase II Redevelopment of Shopping Center in Metro Vancouver
Ivanhoé Cambridge completed Phase II of the redevelopment of its fully-owned Guildford Town Centre, located in Surrey, British Columbia, the fastest growing municipality in Metro Vancouver and Western Canada.