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Westbend-Fort-Worth

Trademark Welcomes New Retailers, Restaurants to WestBend in Fort Worth

Fort Worth, Texas — Trademark Property Co. has welcomed seven new tenants to WestBend, the locally based developer’s mixed-use destination in Fort Worth. Four food and beverage concepts — fast casual eatery Sweetgreen, confectionary Van Leeuwen, burger chain Shake Shack and global

…

  • September 22, 2022
  • Published in Leasing, News, Texas
Craig-Marketplace

JLL Capital Markets Arranges $41.2 Million Sale, Acquisition Financing for Las Vegas Retail Center

Las Vegas — Gerrity Group has sold Craig Marketplace, a 119,280-square-foot retail center in Las Vegas, for $41.2 million. Gleb Lvovich and Daniel Tyner of JLL Capital Markets represented both Gerrity and the California-based buyer in the 1031-exchange transaction. John

…

  • September 20, 2022
  • Published in Finance, Grocery-anchored, Investment sales, Nevada, News

Axiom Capital Arranges $13.2 Million Refinancing of Upstate New York Retail Center

East Greenbush, N.Y. — Axiom Capital Corp. has arranged a $13.3 million permanent loan for the refinancing of a retail center in East Greenbush, roughly six miles southeast of Albany. The 301,894-square-foot property comprises six separate buildings and was leased

…

  • September 20, 2022
  • Published in Finance, New York, News

Marcus & Millichap Brokers $3.7 Million Sale of Retail Property in Suburban Columbus

Gahanna, Ohio — Marcus & Millichap has brokered the $3.7 million sale of an 8,464-square-foot retail property in the Columbus suburb of Gahanna. The property, which was 85 percent leased at the time of sale, is home to City BBQ

…

  • September 20, 2022
  • Published in Investment sales, News, Ohio

Northern Tool, AutoZone Sign Retail Leases Totaling 39,357 Square Feet Near Dallas

McKinney, Texas — Northern Tool + Equipment and AutoZone have signed retail leases totaling 39,357 square feet in McKinney, about 35 miles northeast of Dallas. The tenants will backfill a space previously occupied by Super 1 Foods with footprints of

…

  • September 20, 2022
  • Published in Leasing, News, Texas
cooper

Starbucks Plans to Open 2,000 New Stores by 2025, Invest $450 Million in Existing US Locations

Seattle — Starbucks Coffee (NASDAQ: SBUX) has announced plans to open 2,000 stores by 2025 and invest $450 million in its North American real estate, which will include the modernization of existing locations across the U.S.  The announcement took place during

…

  • September 15, 2022
  • Published in Company news, News, Washington
Regal-Celebration-Pointe

Regal Cinemas’ Parent Company Cineworld Group Files for Chapter 11 Bankruptcy Protection

Brentford, U.K. — Cineworld Group, parent company to Regal Cinemas among other international theater brands, has filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas.  While a specific plan regarding the company’s real

…

  • September 8, 2022
  • Published in Company news, News

Phillips Edison Acquires Las Vegas Crossroads Towne Center

Las Vegas — Phillips Edison and Company Inc. (PECO) has purchased Crossroads Towne Center in Las Vegas. Anchored by Walmart, the 148,770-square-foot community shopping center is home to a mix of national and local retailers and restaurants, such as Planet

…

  • September 8, 2022
  • Published in Investment sales, Nevada, News

New England Retail Properties Arranges $10.5 Million Sale of Six Retail Properties in Connecticut

Wethersfield, Conn. — New England Retail Properties has arranged the sale of six retail properties in Connecticut net leased to Smithland Supply. Matt Halprin of Wethersfield, Connecticut-based New England Retail represented the sellers — Retail Property One LLC, Retail Property

…

  • September 8, 2022
  • Published in Connecticut, Investment sales, Net lease, News
Piqua-Starbucks

Cooper Commercial Investment Group Arranges $2.8 Million Sale of Starbucks Location in Suburban Dayton

Piqua, Ohio — Cooper Commercial has arranged the $2.8 million sale of a single-tenant retail building occupied by Starbucks Coffee in the Dayton suburb of Piqua. Dan Cooper of Cooper Commercial represented the seller, a private developer out of the

…

  • September 8, 2022
  • Published in Investment sales, Net lease, News, Ohio
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Industry Content

Legacy Brokers $16.2 Million Sale of Shopping Center in Metro Charlotte

Indian Trail, N.C. — Legacy Realty Group Advisors has arranged the sale of Union Town Center, a 102,360-square-foot shopping center located in Indian Trail, roughly 15 miles southeast of Charlotte.…

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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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Industry News

  • TTM Purchases 248,841-Square-Foot Retail Center in Los Angeles
  • BWE Secures $35 Million Refinancing for Shopping Center in Washington
  • PGIM Sells Two Publix-Anchored Centers in Florida for $32 Million
  • Benderson Acquires Two Retail Properties, Opens Publix in Sarasota, Florida
  • Simon and JAG to Collaborate on Restaurants at Three Properties

More Retail News from France Media

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