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5200-E-Main-St-Farmington-NM

Newmark Negotiates Sale of Ashley HomeStore-Occupied Retail Building in Farmington, New Mexico

Farmington, N.M. — Newmark has brokered the sale of a single-tenant retail building located at 5200 E. Main St. in Farmington. Johnston Real Estate Farmington sold the asset to an undisclosed public REIT for $6.5 million. Matt Berres, Samer Khalil

…

  • August 23, 2022
At-Home

At Home Opens Three Stores in New Mexico, Illinois and Connecticut

Plano, Texas — At Home opened three new home decor stores during the month of July. The company’s stores span an average of 100,000 square feet and offer up to 45,000 decor items, including furniture, rugs, wall art and housewares.

…

  • August 2, 2022

Faris Lee Arranges $13.9 Million Sale of Four Chick-fil-A Properties Across Southeast, New Mexico

Albuquerque, NM., Conyers, Ga., and Mandeville and Marrero, La. — Faris Lee Investments has arranged the $13.9 million sale of four properties ground leased to Chick-Fil-A. Jeff Conover and Scott DeYoung of Faris Lee Investments represented the sellers, local developers

…

  • November 9, 2021

Benderson Development Buys 450,000-Square-Foot Power Center Ground Lease in Santa Fe, New Mexico

Santa Fe, N.M. — Benderson Development has acquired two tracts of land ground-leased to Plaza Santa Fe, a 450,000-square-foot power center in Santa Fe. Truzaf LP sold the asset for an undisclosed price. The leases commenced in two phases, one

…

  • September 10, 2021

Quantum Real Estate Negotiates $6.6 Million Sale of Multi-Tenant Shopping Center in Albuquerque

Albuquerque, N.M. — Quantum Real Estate Advisors has arranged the sale of The Shoppes at Alameda, a retail property located at 3410 Highway 528 in Albuquerque. A Florida-based private real estate investor acquired the asset from a California-based private real

…

  • May 6, 2021

Connell Underway on $400 Million Mixed-Use Redevelopment in Berkeley Heights, New Jersey

Berkeley Heights, N.J. — New Jersey-based developer The Connell Company is underway on The Park, a $400 million mixed-use redevelopment project in the Northern New Jersey community of Berkeley Heights. The development spans 185 acres and will feature office, hospitality, residential

…

  • February 17, 2021

Phillips Edison Sells 74,393-Square-Foot Juan Tabo Plaza in Albuquerque

Albuquerque, N.M. — Phillips Edison & Co. has completed the sale of Juan Tabo Plaza, an institutional-quality shopping center located at 11000 Montgomery Road NE in Albuquerque. Samco Properties purchased the asset for an undisclosed price free and clear of

…

  • October 23, 2019

Heslin Holdings Completes Redevelopment of West Central Plaza in Albuquerque

Albuquerque, N.M. — Heslin Holdings has completed the redevelopment of West Central Plaza, a retail center located at 4208 Central Ave. SW in Albuquerque. Retailers at the property are now open for business. The company originally acquired the 150,000-square-foot retail

…

  • May 20, 2019

Four Corners Property Trust Buys Outback Steakhouse-Occupied Property in New Mexico for $3.9 Million

Mill Valley, Calif.— Mill Valley, California-based Four Corners Property Trust has purchased a restaurant property located in New Mexico for $3.9 million.

…

  • January 29, 2019

Sapir Real Estate Development Breaks Ground on First Phase of Snow Heights Promenade in New Mexico

Albuquerque, N.M. — Sapir Real Estate Development has broken ground on the first phase of Snow Heights Promenade, a retail and entertainment project in Albuquerque.

…

  • August 31, 2018

Houlihan-Parnes Arranges $9.1 Million Refinancing for Ladera Shopping Center

Albuquerque, N.M. — Houlihan-Parnes has arranged a $9.1 million refinancing for Ladera Shopping Center, a 128,712-square-foot shopping center located in Albuquerque.

…

  • February 1, 2016

Q10 Realty Arranges $2.5 Million Financing for Alameda Retail Center

Albuquerque, N.M. — Q10 Realty Mortgage & Investment Co. has arranged $2.5 million in financing for Alameda Retail Center, a 16,391-square-foot shopping center located in Albuquerque.

…

  • November 16, 2015
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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