Retail
Regional Trends Vary Widely, Says New Global Shopping Center Report
A new global shopping report from Cushman & Wakefield and the International Council of Shopping Centers shows that Asia and Latin America are driving the global shopping center revival.
CorAmerica Invests $90M in Suburban LA Retail Property
CorAmerica has bought Nordhoff Plaza, a Class A community center in Northridge, Calif., for approximately $90 million.
Realty Income to Acquire American Realty Capital Trust in $3B Transaction
Realty Corp has bought American Realty Income REIT. Under the terms of the deal, the seller would acquire all of the outstanding shares of ARCT for about $3 billion.
Amazon to Expand HQ—Again
Vulcan Real Estate is developing a sixth phase of Amazon’s campus in Seattle’s South Lake Union submarket.
Regency Centers Engages in Crowdsourcing to Lease Shopping Center in Baltimore
Regency Center is trying out a new trend called “crowdsourcing,” asking the public to recommend what stores and restaurants they’d like to see go into nearby shopping centers.
Retail Properties of America Closes on 1 MSF Cost Plus Distribution Center for $63M
Retail Properties of America sold a 1 million square-foot distribution center in Stockton, Calif., to American Realty Trust for approximately $63 million.
Bedok Mall Joins Ambitious M-U Development in Singapore
By Alex Girda, Associate Editor The Singapore mixed-use market is on track to see a large project take shape as the Bedok Mall, the area’s first major shopping mall, was announced for fourth quarter of 2013. Bedok is Singapore’s largest estate and the retail project is just a phase in a massive upcoming retail-residential-transport development, the first of its kind in the region. The Bedok Mall project will join the existing Bedok Residences and the forthcoming Bedok transport hub, consisting of the Bedok MRT station and the new bus interchange to complete the vision. The shopping mall will boast a…
Pebblebrook Picks Up Starwood’s W Los Angeles – Westwood for $125M
Pebblebrook Hotel Trust bought the W Los Angeles, a premier all-suite property in a bustling area of Westwood that features a meeting space, a spa, a public fitness center and a garage.
Ground Broken at 71-Acre Green Mixed-Use Project Franklin Park
By Eliza Theiss, Associate Editor Decades of sustained development continue in the Cool Springs market, a top destination for relocating Fortune 500 companies and other corporations with the groundbreaking of the unprecedented 71-acre mixed-use sustainable corporate community Franklin Park. Located on the corner of McEwen Drive and Interstate 65 in Franklin, TN, Franklin Park is […]
DDR Corp Buys Tucson Shopping Center for $125.4M
DDR Corp. closed on a regional shopping center in Tucson, Ariz. Wednesday, adding to its collection of shopping centers bought throughout the first part of this year.