St. Peters, Mo. — GBT Realty Corp. has unveiled new tenants at the Shoppes of Mid Rivers in the suburban St. Louis community of St. Peters.
Chula Vista, Calif. — NKF Capital Markets has arranged the $58.5 million sale of Broadway Plaza, a 356,335-square-foot shopping center in Chula Vista, located nine miles southeast of San Diego.
Jacksonville, Fla. — Triforce Development is set to break ground on Tinseltown Plaza, a 14,000-square-foot shopping center located in Jacksonville.
Sparks, Nev. — NAI Alliance has arranged the sale of Marina Marketplace, a shopping center located in Sparks.
Chattanooga, Tenn. — Chattanooga-based CBL Properties has named Michael Lebovitz president of the company.
Howell, N.J.— Marcus & Millichap has arranged the $3.1 million sale of a net-leased Texas Roadhouse restaurant located at 5309 US Highway 9 in Howell.
Retail Insight recently sat down with Hernan Martinez, CEO of Cuestamoras Urbanismo, to discuss the changing landscape of shopping centers as they become more of a community center for the cities they service. Martinez has firsthand experience with this as he and his company develop Oxigeno, a mixed-use project in San Francisco, Costa Rica, that offers four unique zones that incorporate entertainment, shopping, dining, green areas, and the local Heredia neighborhood. Do you think today’s convenience-driven, instant-gratification world is one reason we seem to be seeing an uptick in mixed-use …
Las Vegas is known for many things, with novel, unique experiences being at the top of the list. It is, after all, the Entertainment Capital of the World. As retail experts the world over descended upon the city to learn about providing more experiences that get people off their couches and into their establishments, they were convening in a city that is the ideal case study.
New York City — Newmark Group Inc. (NASDAQ: NMRK) has agreed to acquire RKF Retail Holdings LLC, a real estate firm specializing in retail leasing, for an undisclosed price.
Houston and Washington, D.C. — Retail developer Madison Marquette and Houston-based developer PMRG have confirmed that they plan to combine operations. The terms of the merger were not disclosed, but PMRG will become part of the family of companies owned by Capital Guidance, a global investment firm that owns Washington, D.C.-based Madison Marquette.