Newport Beach, Calif. — Dallas-based SRS Real Estate Partners has launched SRS National Net Lease Group, a newly created platform offering advisory services for investors of single-tenant and net lease retail properties nationwide.
Chicago — Chicago-based BlueRoad Ventures has acquired a $139 million national retail portfolio consisting of 48 assets across 18 states from Brauvin Net Lease.
Houston — Tailored Brands Inc. (NYSE: TLRD), the recently formed parent company of the Men’s Wearhouse and Jos. A. Bank menswear brands, plans to close approximately 250 of its stores in fiscal year 2016, according to the company’s fourth-quarter earnings report released March 9.
Austin, Texas — Ten-X, formerly Auction.com, is set to launch its new transaction platform, Ten-X Commercial, at the South By Southwest Interactive Festival in Austin.
Atlanta — Amazon has signed an agreement with Georgia Tech to open a staffed pickup location on the school’s campus at 86 Fifth St. N.W. in Midtown Atlanta.
Spring, Texas — Regency Centers Corp., in a joint venture with CDC Houston, is set to develop, own and manage The Market at Springwoods Village, a 170,000-square-foot shopping center located within the master-planned community of Springwoods Village.
Los Angeles — Taubman Centers Inc. (NYSE: TCO) has unveiled plans for a $500 million renovation at Beverly Center, an 886,000-square-foot shopping mall located on Beverly Boulevard in Los Angeles.
West Orange, N.J. — Clarion Partners has acquired Essex Green, a six-building, 350,000-square-foot shopping center located in West Orange, free and clear of existing debt.
Exton, Penn. — HFF has secured a $10.7 million refinancing for Lionville Shopping Center, a 93,161-square-foot grocery-anchored shopping center located in the Philadelphia suburb of Exton.
Houston — Berkeley Land Co. has sold Briar Lake Village, a 36,607-square-foot, two-level retail center located in Houston’s Westchase District.