Retail
L.A.-Based Lee & Associates Opens NYC Doors, Merges with Sierra
L.A.-based Lee & Associates, in a merger with Sierra Realty, opened its first office in New York City and will be focused primarily on the retail sector but will look to make headway into office leasing.
Lincoln Eyes Long-Term Upside in $76M Orange County Buy
Lincoln Property Co. has snapped up the Towers at Bella Terra, a 420,000-square-foot office and retail complex in Huntington Beach, Calif., in a $76 million cash transaction green-lighted by the state Superior Court.
MEPT Purchases Two D.C. Retail Centers for $127M
Purchased in two separate transactions, Multi-Employer Property Trust has grabbed two grocery-anchored properties, with an aggregate 524,000 square feet, for a combined price tag of $122.6 million.
Inland American Picks Up 710 KSF of Houston-Area Retail in $172M Deal
Inland American Real Estate Trust Inc. has added 710,000 square feet of retail space in metropolitan Houston to its holdings from NewQuest Properties, courtesy of a $172 million deal.
Fashion’s Rise in NYC’s Times Square, Meatpacking Districts Brings Lease Signings
CBRE Group Inc.’s third-quarter report for 2011 saw strong leasing velocity in Manhattan as a whole, but certain submarkets — including the Meatpacking District and Times Square — outperformed expectations.
WTC: 10 Years Later
CPE takes a look at changes the industry has made in the 10 years following the Sept. 11, 2001, terrorist attacks and how rebuilding of the World Trade Center site is coming along.
Kennedy Wilson: $1.8B U.K. Deal ‘Is Our Largest’
Kennedy Wilson makes its biggest splash ever in the loan-acquisitions game with an agreement to acquire a performing portfolio from Bank of Ireland for a whopping $1.8 billion, with an eye toward continuing to acquire in the United Kingdom.
Inland Western Spends $98M on Austin Retail Center
Austin looks to be a retail hotspot and Inland Western Real Estate Trust is ready to take advantage — purchasing 1890 Ranch in Cedar Park, an Austin suburb, for $97.6 million.
Growing Demand, Supply Constraints Keep Lid on Net-Lease Cap Rates: Boulder Group
The market for single-tenant assets should remain stable through the end of the year as demand for core assets keeps the lid on cap rates.
STORE Capital Seals $105M Sale-Leaseback Deal with O’Charley’s
The deal involves 50 of O’Charley’s Inc.’s 342 restaurants.