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Vanbarton Group Sells Retail Assemblage in The Bronx for $22.7 Million

New York City — Vanbarton Group has sold a 23,339-square-foot retail assemblage in the Morrisania neighborhood of The Bronx for $22.7 million. The sites collectively span a full block and are located at 1031-1049 Westchester Ave. and 1057 Southern Blvd. Josh

…

  • July 28, 2022
Macy's Toys "R" Us

Toys “R” Us to Open In-Store Shops at Macy’s Locations Across the US

New York City — Macy’s has announced a partnership with WHP Global to open Toys “R” Us in-store shops within all of its locations across the U.S. Toys “R” Us stores will range from 1,000 to 10,000 square feet and

…

  • July 19, 2022

Marx Realty to Break Ground on 6,000-Square-Foot Chick-fil-A in Brooklyn’s Midwood Neighborhood

New York City — Marx Realty is set to break ground on a 6,000-square-foot Chick-fil-A restaurant in the New York City borough of Brooklyn. The location will be developed on a site formerly home to a three-story office building at

…

  • July 19, 2022
Northeast-Heights

Cedar Realty Trust Sells Grocery-Anchored Shopping Center Portfolio for $879 Million

Port Washington, N.Y. — Cedar Realty Trust has sold a portfolio of 33 grocery-anchored shopping centers for $879 million, inclusive of existing debt. The names and addresses of the centers were not disclosed, but the properties are primarily located in

…

  • July 12, 2022

JLL Brokers $26.5 Million Sale of Stop & Shop Anchored Retail Center in West Haverstraw, New York

West Haverstraw, N.Y. — JLL Capital Markets has brokered the $26.5 million sale of Samsondale Plaza, a 156,185-square-foot retail center located in the Rockland County community of West Haverstraw. Stop & Shop anchors the property, which was 91 percent leased

…

  • July 12, 2022

RD Management Signs Burlington to Space at Harriman Commons in Monroe, New York

Monroe, N.Y. — RD Management has signed a lease with Burlington to open at Harriman Commons, a 706,230-square-foot retail center in the Orange County community of Monroe. A timeline for the opening and further details on the space were not

…

  • June 23, 2022

Hanley Investment Group Arranges $2.4 Million Sale of Restaurant Building in Ithaca, New York

Ithaca, N.Y. — Hanley Investment Group has arranged the $2.4 million sale of a 7,500-square-foot restaurant building in the upstate New York community of Ithaca that is fully leased to Texas Roadhouse. The property was built on 1.4 acres in 2015.

…

  • June 2, 2022

Whole Foods Market to Open 54,000-Square-Foot Store in Manhattan’s NoMad Neighborhood

New York City — Whole Foods Market is set to open a 54,000-square-foot store at 63 Madison Ave. in Manhattan’s NoMad neighborhood on June 1. The store will offer 1,000 items local to New York City and the surrounding area,

…

  • May 23, 2022
Midway-Crossing-Islip-New-York

Public-Private Partnership to Develop $2.8 Billion Mixed-Use Project on Long Island

Islip, N.Y. — A public-private partnership between The Town of Islip, Suffolk County and JLL has unveiled plans for Midway Crossing, a $2.8 billion mixed-use project that will be located on Long Island. The Long Island Regional Planning Council approved

…

  • May 17, 2022
Whole-Foods-Westbury

JLL Arranges $65.3 Million Sale of Whole Foods Market-Anchored Center on Long Island

Garden City, N.Y. — JLL has arranged the $65.3 million sale of Whole Foods at Westbury, a 55,109-square-foot shopping center located in the Long Island community of Garden City. Whole Foods Market anchors the property, which is also home to

…

  • May 10, 2022

Joint Venture Buys Ridge Hill Office, Retail Development in Yonkers for $220 Million

Yonkers, N.Y. — A joint venture between Nuveen Real Estate, Taconic Partners and North American Properties has acquired Ridge Hill, a 1.2 million-square-foot office and retail development in Yonkers, located north of New York City, for $220 million. Built in

…

  • May 9, 2022

Wegmans to Open 100,000-Square-Foot Grocery Store on Long Island

Lake Grove, N.Y. — Wegmans will open a 100,000-square-foot store in Lake Grove, the regional grocer’s first on Long Island. Wegmans has entered into an agreement to purchase 8.5 acres of the 28-acre DSW Plaza, which is owned by Prestige

…

  • April 28, 2022
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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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Stan Johnson Company: Net Lease Retail — Investment Opportunities in the Face of Changing Market…

Where are the opportunities in today’s single tenant net lease (STNL) market? The ever-changing nature of today’s retail environment has placed an emphasis on finding the best properties, while compressed…

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Taylor Street: Net Lease Opportunities: STNL Deals, Multi-Tenant Outlook, 1031 Exchange Landscape

Where does net lease stand at the moment? As cap rates compress for single tenant net lease (STNL) deals, investors are expanding their outlooks to find retail opportunities. Multi-tenant centers,…

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Pylot™: Digital Platform Streamlines Commercial Real Estate Marketing

Commercial real estate retail marketers today must navigate an increasingly complex marketing landscape. How can they identify the right tools and technologies necessary to scale their marketing presence efficiently across…

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Industry News

  • PEBB Enterprises Receives $36.2 Million Refinancing for Cheyenne Commons in Las Vegas
  • Longpoint Partners Acquires Grocery-Anchored Shopping Center in South Florida for $43.3 Million
  • Gantry Secures $13 Million in Financing for Acquisition of Retail Parcel in Glendale, Arizona
  • Routh Group Purchases 560,343-Square-Foot Louisiana Boardwalk Shopping Center in Bossier City
  • NorthMarq Arranges $12.5 Million Refinancing of Five-Property Retail Portfolio in Metro St. Louis

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