“Retail has one very serious advantage as an asset class — it provides a lot of data. However, very few people actually look at the data,” says Sandy Sigal, president and CEO of NewMark Merrill. Historically, gathering data required landlords
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Aurora, Colo. — A joint venture between PCCP LLC and Alberta Development Partners sold 430,000 square feet of Cornerstar.
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Smyrna, Tenn. — Staples and PetSmart anchor the 450,000-square-foot Colonial TownPark Shopping Center.
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Riverside, Calif. — Dunhill Partners acquired the property from Boston-based Long Wharf Real Estate Partners.
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Millsboro, Del. — The 330,000-square-foot Peninsula Crossing is anchored by Lowe’s Home Improvement and PetSmart.
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Kansas City, Mo. — The 240,000-square-foot center is 88 percent leased to 28 tenants.
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Newark, Del., and Florence, S.C. — The two properties include Christiana Center in Newark and Commons at Magnolia in Florence.
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Fresno, Calif. — The Target-anchored Marketplace at El Paseo will open in May 2014.
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Pleasant Hill, Calif. — An account advised by UBS Global Asset Management acquired the property.
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