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McLeod Sears Underway on Redevelopment of Former Kmart in Portland, Texas

Portland, Texas — Houston-based McLeod Sears is underway on the redevelopment of an 83,000-square-foot former Kmart store in the Gulf Coast city of Portland. Construction will soon begin on pad sites for two tenants — Chick-fil-A and Autozone — that

…

  • March 23, 2021
Crossroads Mall

Lockwood, Century Development Underway on $553 Million Redevelopment of Crossroads Mall in Omaha

Omaha, Neb. — Lockwood Development, Century Development and the City of Omaha are redeveloping Crossroads Mall in Omaha. Demolition of the mall is currently underway and is expected to be complete in May. Plans call for a mixed-use project spanning

…

  • March 19, 2021
The Grove at Towne Center

Joint Venture Breaks Ground on The Grove at Towne Center in Metro Atlanta

Snellville, Ga. — A joint venture between the City of Snellville, CASTO and MidCity has broken ground on The Grove at Towne Center, an 18-acre mixed-use project located 30 miles outside Atlanta. The $85 million first phase of development will

…

  • March 19, 2021

Hallmark Venture Group Acquires 1.2-Million-Square-Foot Mall at Stonecrest in Metro Atlanta, Plans Mixed-Use Campus

Stonecrest, Ga. — Hallmark Venture Group Inc. has acquired The Mall at Stonecrest, a 1.2 million-square-foot regional mall in metro Atlanta. The seller and sales price were not disclosed, but The Atlanta Journal-Constitution reports that the mall was last appraised

…

  • March 18, 2021
The Mill

Sembler, Hawthorne Residential to Develop 46-Acre Mixed-Use Project in Myrtle Beach

Myrtle Beach, S.C. — The Sembler Co. has announced plans to develop The Mill, a 46-acre mixed-use project in Myrtle Beach’s Carolina Forest community. The new development will include retail, office and multifamily space. Sembler is partnering with Hawthorne Residential

…

  • March 18, 2021
Shops at Creekside

AOS Panther Creek Breaks Ground on 20,130-Square-Foot Shops at Creekside Project in Frisco

Frisco, Texas — AOS Panther Creek has broken ground on Shops at Creekside, a 20,130-square-foot retail project located at 13030 Preston Road in Frisco. Cross Architects is designing the project, and Talley Riggins Construction Group is the general contractor. Inroads

…

  • March 11, 2021
Target

Marx Realty Breaks Ground on 130,000-Square-Foot Retail Project for Target in Yonkers, New York

Yonkers, N.Y. — Marx Realty, a division of Merchants National Properties, has broken ground on a 130,000-square-foot project for Target in the New York City suburb of Yonkers. The store will be located at the site of a former Sears

…

  • March 9, 2021
Lone Star District

Midway, GrayStreet Unveil Plans for Lone Star District Mixed-Use Project in San Antonio

San Antonio  — Houston-based developer Midway and private equity firm GrayStreet Partners have unveiled plans for Lone Star District, a mixed-use project in San Antonio that will be a redevelopment of the former Lone Star Brewery site. The site borders

…

  • March 9, 2021

Baker Katz Breaks Ground on 50-Acre Retail Development in Brenham, Texas

Brenham, Texas — Baker Katz has broken ground on Brenham Crossing, a 50-acre retail development located at the southwest and southeast corners of Highway 290 and Chappell Hill Road in Brenham. Five retailers are set to open within the 163,518-square-foot

…

  • March 9, 2021

Parkview Financial Provides $100 Million Loan for Conversion of Harrah’s Hotel and Casino to Mixed-Use Project in Downtown Reno

Reno, Nev. — Parkview Financial has provided a $100 million loan to Reno City Center, an affiliate of Las Vegas-based CAI Investments. The funds will be used for the renovation and redevelopment of Harrah’s Reno Hotel and Casino into Reno

…

  • March 8, 2021
Cross-Creek-Ranch-Malibu_Malibu-copy

Pacific Equity Properties Receives $130 Million Construction Financing for Mixed-Use Development in Malibu, California

Malibu, Calif. — Pacific Equity Properties Inc. has received $130 million in construction financing for Cross Creek Ranch Malibu, a 112,000-square-foot mixed-use development in Malibu, a beach city just west of downtown Los Angeles. Cross Creek Ranch is the largest development to be

…

  • March 5, 2021
Fifth-Broadway-Project_Nashville

Brookfield Properties Opens Retail, Dining Portion of Fifth + Broadway in Downtown Nashville

Nashville, Tenn. — Brookfield Properties has opened the retail and dining component of Fifth + Broadway, a six-acre mixed-use project in downtown Nashville. Brookfield and local developer Pat Emery partnered on the development.  Designed by Gresham Smith and Gensler, the

…

  • March 5, 2021
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Industry Content

Webinar: Will Southeast Retail Investment Activity Bounce Back in 2021?

Shopping Center Business and Southeast Real Estate Business hosted "Southeast Retail Investment Outlook — Will Retail Investment Activity Bounce Back in 2021?" A panel of retail experts covered topics like the lending atmosphere,…

Read more

Webinar: Driving Retail Income Through Specialty Leasing & Ancillary Revenue

    On October 15 Ancillary Retail hosted a webinar titled “Driving Income Through Specialty Leasing and Ancillary Revenue.” Webinar panelists shared how important it is to quickly shift strategy, not just in relation…

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Webinar: Las Vegas Retail Outlook — How is the Las Vegas Retail Sector Responding to…

  Webinar: Las Vegas Retail Outlook — How is the Las Vegas Retail Sector responding to COVID-19?  hosted by Shopping Center Business and Western Real Estate Business, covers the approaches taken by an expert…

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Webinar: Michigan Retail Outlook: How is Michigan’s Retail Sector Responding to COVID-19?

  (Panelists, clockwise from top left) Adam Tiktin, Tiktin Real Estate Investment Services; Rod Castan, Courtelis Company; Lyle Stern, Koniver Stern Group; Philip Rosen, Becker (moderator); Duane Stiller, Woolbright Development. Shopping Center…

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Industry News

  • Federal Realty to Redevelop 144,000-Square-Foot Shopping Center in Falls Church, Virginia
  • Boulder Group Arranges $7 Million Sale of Grocery Property in Metro Green Bay
  • Black Gate Partners Acquires 24,691-Square-Foot Emerson Way Shopping Center in Indianapolis
  • Joint Venture to Add Mix of Uses to Potomac Marketplace in West Virginia
  • Selig Enterprises, Pension Fund Acquire 421,000-Square-Foot Lenox Marketplace in Atlanta’s Buckhead District

Coronavirus News

  • U.S. Division of L’Occitane Files for Chapter 11 Bankruptcy Protection, Plans Store Closures

  • Saucy Brew Works to Open Brewpub, Coffeehouse in Detroit’s Brush Park

  • AMC Theatres Raises $917 Million of Investment Capital, Says Bankruptcy is ‘Completely Off Table’

  • Indoor Dining Expected to Resume Feb. 1 in Michigan

  • Punch Bowl Social Files for Chapter 11 Bankruptcy

  • Sameday Testing to Open Five COVID-19 Testing Sites at Westfield Shopping Center Locations

Read More COVID-19 News

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