JCPenney
New Owner Eyes Makeover for 1 MSF Topeka Mall
Plans call for the property’s conversion into a mixed-use lifestyle center.
Bridge Group, Steerpoint Pay $60M for Greater Los Angeles Mall
The new owners plan to upgrade the property.
Joint Venture Acquires 5-Building JCPenney Retail Portfolio
For now, the mall-adjacent properties will continue to operate as stores.
JV Buys Texas Shopping Centers Totaling 1 MSF
JLL has arranged the sale of South Park Mall in San Antonio and Westgate Mall in Amarillo.
Trademark to Reimagine Houston’s Memorial City Mall
Owner MetroNational will rely on the real estate investment, development and management company to create a master plan for the 1.7 million-square-foot super-regional shopping center’s future.
How Will Retail Perform This Holiday Season?
A new JLL survey predicts the main trends that will define holiday spending this year, when people may spend as much as 5 percent more than in 2017.
Lionheart Capital Subsidiary Lands 734 KSF Ohio Retail Asset
Sears, Avita Health Systems, Macy’s, JCPenney, Victoria’s Secret and Chuck E. Cheese are among the tenants of the property. The buyer retained Madison Marquette to spearhead leasing efforts going forward.
PREP Buys 655 KSF Shopping Center in Nebraska
The Cincinnati-based company expanded its portfolio with the acquisition of Shadow Lake Towne Center in Omaha. Tenants include Dick’s Sporting Goods, JCPenney, Best Buy and Old Navy.
JCPenney Sells Legacy WI Warehouse
The Wauwatosa outlet centers encompasses more than 2 million square feet and was bought by an affiliate of Phoenix Investors for $31.3 million.
Forest City Sells Pittsburgh Mall
The nearly 900,000-square-foot regional mall is part of a larger, 10-property retail portfolio, as the firm continues to shed its shopping center assets.