Over the course of the last decade, we have seen a major evolution in retail real estate. Super regional malls and enclosed shopping centers, which once dominated the landscape, are being replaced by immersive, open-air centers that provide visitors with more than just a place to shop.
Atlanta — Selig Enterprises has added two new food and beverage tenants at The Works, a $1 billion mixed-use development underway on 80 acres in Atlanta’s Upper Westside neighborhood.
Sachse, Texas — PMB Capital Investments, a Dallas-based development and investment firm, will develop The Station, a $250 million mixed-use destination that will be located in Sachse, a northeastern suburb of Dallas.
Atlanta — CBRE’s National Retail Partners has arranged the sale of Midtown Promenade, a 110,988-square-foot shopping center located in Midtown Atlanta.
Wellington, Fla. — HFF has arranged the sale of The Plaza at Wellington Green, a 57,221-square-foot shopping center located in the Palm Beach County community of Wellington.
Gardena, Calif. — SRS Real Estate Partners has arranged the sale of Gardena Plaza, a 55,705-square-foot shopping center located 13 miles southwest of Los Angeles in Gardena.
Beverly Hills, Calif.— HFF has arranged a $160 million refinancing for a 28,114-square-foot retail property located on Rodeo Drive in Beverly Hills.
Chico, Calif. — Newmark Knight Frank (NKF) has arranged the sale of Chico Mall, a regional mall located in Chico, California.
Chapel Hill, N.C. — Madison Marquette has sold University Place, a 372,190-square-foot shopping center in Chapel Hill, for $51.5 million.
St. Louis — Lawrence Group, the developer for City Foundry STL, has unveiled that the 30,000-square-foot food hall at the mixed-use project is now 50 percent preleased.
