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NY-Retail

NYC Retail Enters A New Phase Of Discovery

The New York City retail market is currently functioning like an episode of The Price Is Right. Developers, investors, brokers and operators are all trying to attach fair values to rents and sales prices for spaces of all sizes and

…

  • December 21, 2022
  • Published in Features, From The Magazine, New York
LawrenceParkRender (8)

From Physical Upgrades to New Merchandising, Owners Are Reimagining Philadelphia’s Shopping Centers

Philadelphia is known for many things, from being the City of Brotherly Love to a city rich in history, art, culture and food. As a result, the region is desirable for many residents and visitors and has been recognized in

…

  • November 14, 2022
  • Published in Features, From The Magazine
Aritzia

Chicago Update: While Some Tenants Have Vacated Storefronts, Other Retailers Have Expanded

This summer, Canadian women’s fashion retailer Aritzia signed a lease for 46,000 square feet at 555 N. Michigan Ave. for its fourth Chicago-area location. At the time of the lease signing, the deal represented the largest completed transaction on the

…

  • November 9, 2022
  • Published in Features, From The Magazine
Newark-Shopping-Center

Neuman Commercial Arranges $33.5 Million Sale of Newark Shopping Center in Metro Philadelphia

Newark, Del. — Atlantic Realty Cos., represented by Gil Neuman of Neuman Commercial Group, has sold Newark Shopping Center for $33.5 million. The 145,400-square-foot retail center is located in Newark, Delaware, roughly 45 miles southwest of Philadelphia. The property was

…

  • September 23, 2022
  • Published in Delaware, Investment sales, News
Conyers-Commons_Atlanta

M Street, Highline Purchase Conyers Commons Shopping Center in Metro Atlanta for $17 Million

Conyers, Ga. — A joint venture between M Street Holdings and Highline Real Estate Capital has acquired Conyers Commons, a 118,916-square-foot shopping center in the Atlanta suburb of Conyers. The undisclosed seller sold the property for approximately $17 million. Chris

…

  • September 23, 2022
  • Published in Georgia, Investment sales, News
Circle-Centre-Mall

COhatch, North High Brewing Open at Circle Centre Mall in Indianapolis

Indianapolis — COhatch and North High Brewing have opened at Circle Centre Mall in Indianapolis. COhatch offers co-working spaces, private offices and meeting and event space. North High Brewing features a selection of craft beers as well as a food

…

  • September 23, 2022
  • Published in Indiana, Leasing, News

Grandbridge Secures $3.3 Million Refinancing of Omaha Retail Center

Omaha, Neb. — Grandbridge has secured a $3.3 million loan for the refinancing of Brentwood Village shopping center in Omaha. The property is fully leased. Brett Olson and Jeff Witt of Grandbridge arranged the fixed-rate, seven-year loan. A local bank

…

  • September 23, 2022
  • Published in Finance, Nebraska, News
Promenade-at-Downey

Promenade at Downey Adds Seven New Tenants in Metro Los Angeles

Downey, Calif. — Seven new businesses are joining the tenant roster at Promenade at Downey, a 656,000-square-foot retail center in Downey, located roughly 13 miles outside of Los Angeles. Guacamaya Oasis, Xécora Gastronomía Urbana and Zen Med Spa have already

…

  • September 23, 2022
  • Published in California, Leasing, News
High-5-Entertainment-Allen-Texas

High 5 Entertainment to Open 70,000-Square-Foot Venue at Mixed-Use Development in Suburban Dallas

Allen, Texas — High 5 Entertainment, an Austin-based concept, will open an 70,000-square-foot venue at The Farm in Allen, a 135-acre mixed-use development located on the northeastern outskirts of Dallas. In addition to craft food and beverages, the entertainment center will

…

  • September 22, 2022
  • Published in Development, News, Texas

Marshalls Opens 50,000-Square-Foot Store in Totowa, New Jersey

Totowa, N.J. — Marshalls has opened a 50,000-square-foot store at Totowa Square, a 258,000-square-foot retail power center in Northern New Jersey. The discount retailer is backfilling a space formerly occupied by Toys ‘R’ Us. Brian Katz and Amy Staats of Katz

…

  • September 22, 2022
  • Published in Leasing, New Jersey, News
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Industry Content

NRF: Holiday Retail Sales Rose 5.3 Percent to $936.3 Billion in 2022

 Washington, D.C. — The National Retail Federation (NRF) has reported that retail sales during 2022’s November-December holiday season rose 5.3 percent year-over-year, reaching $936.3 billion. Though the number fell short…

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Key Variable Moving Forward in Today’s Market? Motivation from Both Sides

Motivation is one of the prime drivers in any market cycle. Some markets are affected by interest rates and others by inflation. One way or another, however, a retail investment…

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Today’s Pricing Strategy is a Mix of Art, Science

There will always be a tug-of-war between retail buyers and sellers — or, really, buyers and sellers of any kind. Both parties want to achieve the best price, but that…

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City of Murrieta: Experiential Leads Retail Expansion in Evolving California City

The City of Murrieta, located in Southern California, has seen explosive growth, leading to expanding retail potential — especially in the experiential arena. The city's retail successes have been based on its…

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Cullinan Properties: Mixed-Use Properties Use Retail to Drive Value

Real estate is densifying across the country, and retail has become an important amenity as people seek to live, work and play all together in mixed-use locations. The pandemic sped up…

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Faris Lee: Abundant Capital, Sales Volume Rise as Investors Pursue Retail

Investment volume, capital and competition in the retail sector have been at unprecedented levels lately, leading to lower cap rates as well as more flexibility than investments in multifamily and…

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The Necessity Retail REIT: Growing a Recession-Resilient, Necessity Retail Portfolio

What does it take to build a $5.2 billion recession-resilient, necessity retail property portfolio? Reporter Nellie Day of Retail Insight explored this topic and more with Jason Slear, Executive Vice…

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NewMark Merrill: Prop Tech Solutions to Retail Challenges

Shopping center developers, owners and managers are using property technology (prop tech) to make sense of a wealth of new, retail-generated data to create an ongoing, positive experience for customers. Sandy Sigal,…

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Industry News

  • The Jaffe Cos. Receives $40 Million Refinancing for Edens Collection in Chicago
  • First Washington Realty Sells Whole Foods Market-Anchored Retail Center in Southern Arizona for $31.1 Million
  • Atlantic Capital Partners Arranges Sale of 107,597-Square-Foot Shopping Center Near Providence
  • DalMoros Fresh Pasta to Open Two South Florida Locations Totaling 1,836 Square Feet
  • SRS Opens Pacific Northwest Office in Metro Portland

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