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Shoppes-of-Westlake-Commons-Westlake-Fla

Konover South Breaks Ground on 23,000-Square-Foot Retail Center in Southeast Florida

Westlake, Fla. —Konover South has broken ground on Shoppes of Westlake Landings in Westlake, in the southeastern part of the state. Upon completion, the 23,000-square-foot development will comprise two multi-tenant shopping centers and a pod of quick-service restaurants. Konover acquired

…

  • February 6, 2023
Market-57-Food-Hall-New-York-City

Pier 57 Unveils 15-Vendor Lineup for Market 57 Food Hall in New York City

New York City — Pier 57 has announced the vendor lineup for Market 57, a new food hall located in Pier 57 on the Hudson River waterfront in in New York City. Curated by anchor tenant the James Beard Foundation

…

  • February 3, 2023
High-Street_Atlanta

GID Signs Four New Retailers to Join $2 Billion High Street Mixed-Use Development in Atlanta

Atlanta — GID Development has signed four new tenants to join High Street, a $2 billion mixed-use, transit-oriented development underway in Atlanta’s Central Perimeter submarket. Phase I of the development, which will span 10 city blocks near the Dunwoody MARTA

…

  • February 2, 2023
Limestone-Marketplace-Gainesville-Ga

Branch Properties Acquires Land to Construct 76,764-Square-Foot Shopping Center Near Atlanta

Gainesville, Ga. — Branch Properties has acquired 14 acres for the construction of Limestone Marketplace in Gainesville, roughly 55 miles northeast of Atlanta. Upon completion, the shopping center will comprise 76,764 square feet and feature a 54,964-square-foot Publix. The property

…

  • January 25, 2023
Metrocenter-Mall-Redevelopment-Rendering-Phoenix

Joint Venture Completes Acquisition of Metrocenter Mall in Phoenix, Begins $850 Million Redevelopment

Phoenix — Concord Wilshire Capital and TLG Investment Partners, in partnership with Carl DeSantis’ CDS International Holdings Inc., have completed the acquisition of the Metrocenter Mall in Phoenix. The development group has formed a strategic alliance with Hines, an international

…

  • January 24, 2023
Lexington-Village-Frisco-Texas

Northmarq Secures $25.4 Million Construction Financing for Shopping Center in Metro Dallas

Frisco, Texas — Northmarq has secured $25.4 million in financing for the construction of Lexington Village Shopping Center in Frisco, roughly 30 miles north of Dallas. Upon completion, the Tom Thumb-anchored development will comprise 90,000 square feet situated on 15

…

  • January 23, 2023

Thompson Thrift Breaks Ground on 12-Acre Commercial Portion of Mixed-Use Development Near Phoenix

Glendale, Ariz. — Thompson Thrift has broken ground on the 12-acre commercial portion of a mixed-use development underway in the northwest Phoenix suburb of Glendale. Sitting on a larger 24-acre parcel, the property will include tenants such as Black Rock

…

  • January 18, 2023

Gulf Coast Commercial Group Signs Leases with Two Tenants at Retail Project Near Houston

Manvel, Texas — Gulf Coast Commercial Group Inc. has inked leases with two tenants, the first to sign on to the firm’s upcoming retail development in Manvel, roughly 24 miles south of Houston. Comprising 20,700 square feet, construction on the

…

  • January 17, 2023
Shops-at-N-Bridge-Weslaco-Texas

Texas Roadhouse Signs 7,926-Square-Foot Lease at Retail Center in Southern Texas

Weslaco, Texas — Texas Roadhouse will open a 7,926-square-foot restaurant as the anchor tenant at the Shops at N Bridge, a retail center currently under development in Weslaco, near the Mexican border. Garansuay Group broke ground on the development in

…

  • January 16, 2023
Universal-Frisco

Universal Parks & Resorts Plans 97-Acre Development in Frisco, Texas

Frisco, Texas — Universal Parks & Resorts has announced plans to open a new theme park on a 97-acre site in the northern Dallas suburb of Frisco. Universal, a division of Comcast Corp., also plans to develop a hotel at

…

  • January 12, 2023
Babies-R-Us-American-Dream-N.J

WHP Global to Open Flagship Babies “R” Us Store in Metro New York City

East Rutherford, N.J. — WHP Global will open the first flagship Babies “R” Us store at American Dream, a retail and entertainment development comprising 3 million square feet in East Rutherford, roughly 10 miles outside of New York City. In

…

  • January 11, 2023
Huntington-Shopping-Center-Huntington-N.Y

New Tenants Join Huntington Shopping Center on Long Island as Part of $75 Million Redevelopment

Huntington, N.Y. — Four new tenants are set to open at Huntington Shopping Center, a 21-acre retail center located on Long Island. Federal Realty Investment Trust has arranged leases with The Container Store, Burger Village, Love Sac and Just Salad

…

  • January 9, 2023
Older posts

Industry Content

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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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,…

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Industry News

  • Bed Bath & Beyond Announces 87 Additional Store Closures
  • Levin Properties Receives $43.2 Million Refinancing for St. Georges Crossing in Central New Jersey
  • CVS Agrees to Acquire Oak Street Health in $10.6 Billion Deal
  • Grossman Development Group Purchases 261,672-Square-Foot Retail Center Near Boston
  • Hanley Investment Group Brokers $21.2 Million Sale of El Dorado Shopping Center in Long Beach, California

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