Retail
DJM Capital Partners JV Sells Orange County Retail Center for $29M
The property previously changed hands for $26.5 million in 2022.
KPG Funds Secures $50M for Manhattan Office Building
Sabal Investment Holdings and GDS Brightstar provided the financing.
Macerich Eyes Makeovers for Former Sears Boxes
After assuming majority ownership, the REIT plans to redevelop stores located primarily on the East and West coasts.
Sonnenblick-Eichner Lines Up $27M for Santa Monica Retail Project
The development is taking shape in a pedestrian-only area.
Whitestone Buys Phoenix Retail Asset for $25M
The firm expects to finance this acquisition by using proceeds from its 2023 dispositions.
CTO Realty Buys Dallas Shopping Center
Plaza at Rockwall sold for $61.2 million in a 1031 exchange.
Standard, Trammell Crow Kick Off $290M DC Project
Demolition of the existing buildings will start this month.
Barkham Predicts Mild Recession, Rapid Recovery
At the NAREE conference, CBRE’s chief economist praised a well-balanced office supply and demand, while identifying only a narrow band of impacted buildings.
Bernard Capital Acquires Chicago-Area Mixed-Use
CenterPoint Properties Trust sold the retail and industrial property.