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Wallbrook_Publix_Roseville

Crosland, Harbour Retail to Develop 78-Acre Mixed-Use Wallbrook Project in Suburban Raleigh

Rolesville, N.C. — Crosland Southeast and Harbour Retail Partners are co-developing Wallbrook, a 78-acre mixed-use development in the Raleigh suburb of Rolesville. The property is expected to comprise 140 residential units and 265,000 square feet of commercial space, including a 50,000-square-foot

…

  • June 24, 2022
  • Published in Development, Grocery-anchored, News, North Carolina
North-Tampa-Shores_Oldsmar

Northmarq Arranges $16.7 Million Refinancing of Metro Tampa Retail Portfolio

Tampa, Fla. — Northmarq’s Tampa office has arranged four loans totaling approximately $16.7 million for the refinancing of a retail portfolio in the metro Tampa area. The four assets include Carrollwood Regency Plaza and The Pointe at Tampa Palms in Tampa,

…

  • June 24, 2022
  • Published in Finance, Florida, News
1950-S-4th-St-El-Centro-CA

Faris Lee Negotiates $5.7 Million Sale of Sherwin Williams-Anchored Retail Center in El Centro, California

El Centro, Calif. — Faris Lee Investments has arranged the sale of a retail strip center in El Centro. A Los Angeles-based family office sold the property to an undisclosed buyer for $5.7 million. Sherwin-Williams anchors the center, which is located at 1950

…

  • June 24, 2022
  • Published in California, Investment sales, News

Cinergy Dine-In Cinemas to Open at Former CMX Location at Wheeling Town Center in Suburban Chicago

Wheeling, Ill. — Cinergy Dine-In Cinemas is slated to open in July at the former CMX CinéBistro location at Wheeling Town Center in the Chicago suburb of Wheeling. The 40,000-square-foot, seven-screen theater will offer a dine-in theater experience. Wheeling Town Center,

…

  • June 24, 2022
  • Published in Illinois, News

Triple Five Group to Open 10,000-Square-Foot Food Hall at American Dream in East Rutherford, New Jersey

East Rutherford, N.J. — Triple Five Group, owner of the 3 million-square-foot American Dream shopping, dining and entertainment destination in Northern New Jersey, will soon open a 10,000-square-foot food hall. The food hall will feature seven concepts, including Van Leeuwen Ice Cream,

…

  • June 24, 2022
  • Published in New Jersey, News
State-Farm_Johns-Creek-Atlanta_Toro

Toro Development to Redevelop Office Campus in Metro Atlanta for Mixed-Use Destination

Johns Creek, Ga. — Toro Development Co. plans to redevelop a former State Farm Insurance corporate campus in the northeast Atlanta suburb of Johns Creek to make way for a mixed-use destination. The project will be part of Johns Creek’s future

…

  • June 23, 2022
  • Published in Development, Georgia, Mixed-use, News

Slate Grocery REIT to Acquire 14-Property Grocery-Anchored Retail Portfolio for $425 Million

Toronto — Toronto-based Slate Grocery REIT has entered into an agreement to acquire a portfolio of 14 grocery-anchored retail properties valued at $425 million. The centers span a total of 2.5 million square feet and are located across seven states, including

…

  • June 23, 2022
  • Published in Grocery-anchored, Investment sales, News
64-68-Colorado-Blvd-Pasadena-CA

CBRE Arranges $52.2 Million Sale of Tiffany and Shops Retail Property in Pasadena, California

Pasadena, Calif. — CBRE has brokered the sale of Tiffany and Shops, a 28,421-square-foot street-front retail property in Pasadena. Blatteis & Schnur and The Felson Cos. acquired the center for $52.2 million. Jimmy Slusher, Philip Voorhees and Trent Steeves of CBRE’s National Retail

…

  • June 23, 2022
  • Published in California, Investment sales, News

Marcus & Millichap Brokers $23.5 Million Sale of Butler Plaza in Northern New Jersey

Butler, N.J. — Marcus & Millichap has brokered the $23.5 million sale of Butler Plaza, a 29,833-square-foot retail center located in the Northern New Jersey community of Butler. The property was completed in 2021 and is home to tenants including

…

  • June 23, 2022
  • Published in Investment sales, New Jersey, News

RD Management Signs Burlington to Space at Harriman Commons in Monroe, New York

Monroe, N.Y. — RD Management has signed a lease with Burlington to open at Harriman Commons, a 706,230-square-foot retail center in the Orange County community of Monroe. A timeline for the opening and further details on the space were not

…

  • June 23, 2022
  • Published in Leasing, New York, News
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Industry Content

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…

Read more

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,…

Read more

Stan Johnson Company: Net Lease Retail — Investment Opportunities in the Face of Changing Market…

Where are the opportunities in today’s single tenant net lease (STNL) market? The ever-changing nature of today’s retail environment has placed an emphasis on finding the best properties, while compressed…

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Taylor Street: Net Lease Opportunities: STNL Deals, Multi-Tenant Outlook, 1031 Exchange Landscape

Where does net lease stand at the moment? As cap rates compress for single tenant net lease (STNL) deals, investors are expanding their outlooks to find retail opportunities. Multi-tenant centers,…

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Pylot™: Digital Platform Streamlines Commercial Real Estate Marketing

Commercial real estate retail marketers today must navigate an increasingly complex marketing landscape. How can they identify the right tools and technologies necessary to scale their marketing presence efficiently across…

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Industry News

  • Crosland, Harbour Retail to Develop 78-Acre Mixed-Use Wallbrook Project in Suburban Raleigh
  • Northmarq Arranges $16.7 Million Refinancing of Metro Tampa Retail Portfolio
  • Faris Lee Negotiates $5.7 Million Sale of Sherwin Williams-Anchored Retail Center in El Centro, California
  • Cinergy Dine-In Cinemas to Open at Former CMX Location at Wheeling Town Center in Suburban Chicago
  • Triple Five Group to Open 10,000-Square-Foot Food Hall at American Dream in East Rutherford, New Jersey

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