Shopping Center Business
WEB3 days ago · Westwood Financial Purchases 83,787-Square-Foot Paradise Hills Shopping Center in Phoenix.
Massachusetts – Shopping Center Business
WEBSep 19, 2024 · Newmark Brokers $20.1 Million Sale of Retail Center in Cambridge, Massachusetts. Cambridge, Mass. — Newmark has brokered the $20.1 million sale of Porter Square Galleria, a retail center located in Cambridge. A 28,893-square-foot Target anchors the property, which totals 55,610 square feet and was 96 …
News – Shopping Center Business
WEBKeizer, Ore. — Hanley Investment Group Real Estate Advisors has brokered the $13 million sale of Keizer Village Shopping Center in Keizer, roughly 45 miles southwest of Portland. Physiq Fitness and The Thrift Store anchor the property, which totals 76,785 square feet. The center, which was built in 1962 and renovated in 2004, was 99 percent ...
From The Magazine – Shopping Center Business
WEBJul 1, 2024 · The U.S. retail market is currently on a long stretch of rock-solid performance at the property level. The national vacancy rate is at a healthy 4.1 percent, according to first-quarter 2024 research from CoStar Group. This comes one quarter after a stellar 4 percent vacancy rate at year-end 2023. What’s more is net store openings are on pace ...
Florida – Shopping Center Business
WEBSep 19, 2024 · PGIM Sells Grocery-Anchored Shopping Center Portfolio in Florida for $223.9 Million. Newark, N.J. — New Jersey-based PGIM Real Estate has sold a portfolio of seven grocery-anchored shopping centers in Florida. An undisclosed buyer purchased the portfolio, which comprises a total of 608,314 square feet of retail space, for $223.9 million.
CNSREIT Acquires 142,000-Square-Foot Shopping Center in Metro …
WEB3 days ago · September 26, 2024. Pooler, Ga. — Cohen & Steers Income Opportunites REIT (CNSREIT) has acquired Village on Pooler Parkway, a 142,000-square-foot shopping center located in Pooler, roughly 15 miles outside Savannah. CNSREIT purchased the center through a joint venture with Sterling Organization. …
Development - Shopping Center Business
WEB5 days ago · Hinesville, Ga. — Branch Properties has acquired 9.7 acres of land for Flemington Village, a 57,851-square-foot shopping center to be developed in Hinesville, approximately 40 miles southwest of Savannah. A 46,791-square-foot Publix will anchor the center, which is scheduled for completion in the third quarter of 2025.
Georgia - Shopping Center Business
WEBSep 11, 2024 · Austell, Ga. — Hendon Properties has acquired East West Shops, an 85,565-square-foot shopping center located in Austell, Georgia. Concorde Group Holdings sold the property for $15.2 million.
BWE Secures $31.8 Million Refinancing for Shopping Center in Ohio
WEB4 days ago · 1. Fairlawn, Ohio — BWE has secured a $31.8 million loan for the refinancing of Market Square at Montrose, a shopping center located in Fairlawn, roughly 30 miles outside Cleveland.Totaling 506,870 square feet, the property was 88 percent leased at the time of financing. The Home Depot anchors the center, and other tenants include Dick’s Sporting Goods, Staples, Cost Plus World Market ...
Industry Content – Shopping Center Business
WEBJul 25, 2024 · No matter the economic climate, the formula for creating value in properties will always be a retail property owner’s best friend. That’s why Broad Reach Retail Partners uses a multi-faceted approach that includes data-driven key performance indicators (KPIs) to drive their plans of action, strategic redevelopment and ongoing budget updates that optimize net operating income (NOI).
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