Retail
TOMS Shoes Leases L.A. Building for New HQ
The progressive company, which matches each sold pair of shoes with the donation of another, has signed a lease that will facilitate its relocation to spacious quarters of nearly 70,900 square feet.
Madison Gets 50 Percent Interest in Retail Center
Bridgeport Marketplace, a 126,769-square-foot, mixed-use asset, is located in the Southern California city of Valencia.
HFF Secures Financing for SoCal Retail Center
The loan was procured for Oceangate Commerce Center, a 182,743-square-foot grocery-anchored property in Hawthorne, Calif.
HFF Arranges $61M Refi for NorCal Retail Center
The 10-year fixed loan was procured for El Paseo de Saratoga, a 295,979-square-foot retail center in San Jose.
General Growth Refinances Seven Malls to the Tune of $1.7B
The move is in accord with the REIT’s post-bankruptcy goal of reducing outstanding debt.
Williams-Sonoma Leases 411,700-SF Facility
Kelly Boulevard Associates L.L.C. filled the empty tenant roster for its industrial property at 2973 Kelly Blvd. in Claremont, N.C., in one fell swoop. The business entity, a joint venture involving JER Partners and Fulcra Enterprises, got the home furnishings specialty retailer to sign on the dotted line.
Atlantic | Pacific Lands Florida Assignment
The property management firm will attempt to counter the troubles encountered by Las Olas Riverfront, a 244,667-square-foot retail and entertainment complex in Fort Lauderdale.
Forest City, Madison International Join Forces
As the $851.5 million partnership was struck, the company had another announcement: president & chief operating officer Joanne Minieri will resign her position to form her own consulting firm. However, she will not entirely separate from her longtime employer, but rather take on the role of consultant on major Forest City projects.
IPD: U.S. Real Estate Among Top Performers
The U.S. commercial real estate industry is not only recovering, it is performing better than real estate in many other nations, according to findings presented at IPD’s conference.
Lend Lease to Build for 7-Eleven
The retail chain plans to boost its profile by at least 500 stores this year via individual store capital leases, business conversions and acquisitions.