Faith Hope Consolo Chairman, Douglas Elliman Real Estate’s Retail Group It’s not the most expensive retail city in the world but New York City remains the most vibrant city anywhere.
Lorton, Va. – Before closing on Lorton Station Town Center, JCR acquired 1522 14th Street, NW, in Washington.
Worcester, Mass. – The Walmart anchor is the retailer’s largest store in New England and its only location in Worcester. Sam’s Club relocated within the market to be adjacent to the Walmart and is the city’s only big-box membership warehouse club.
Lake Forest, Calif. – According to CoStar, the 4.8 percent cap rate was a record low for a non-anchored retail strip center sale in south Orange County.
Escondido, Calif. – The single-story strip center was sold by R.J. Mission Plaza LLC.
Lilburn, Ga. – BDB purchased the property for $11.2 million and obtained the financing through Jefferies LoanCore.
Tamerac, Fla. – Marketplace at Tamerac is 100 percent leased to regional and national tenants.
Johnstown, Ohio – The 15,292-square-foot retail center was built in 2010.
Pensacola, Fla. – Village Oaks was most recently renovated in 2013, and is 95.4 percent leased to national and regional tenants.
Miami – CREC Vice President Chris Barney and Co-Director of Retail Leasing Sabrina Meerbott will jointly represent Crunch, while Barney will manage the tenant representation assignments for Applebee’s and Flix Brewhouse.