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Heidenberg, JV Partner to Add Mix of Uses to Potomac Marketplace in Ranson, West Virginia Following Zoning Change

Ranson, W. Va. — A joint venture between Heidenberg Properties Group and Strategic Real Estate Partners has announced plans to add a mix of uses to Potomac Marketplace in Ranson. In March of this year, the city of Ranson Planning

…

  • April 9, 2021

Cooper Commercial Investment Group Facilitates $1.3 Million Sale of Starbucks in Summersville, West Virginia

Summersville, W.V. —  Cooper Commercial Investment Group has facilitated the $1.3 million sale of a single-tenant building leased to Starbucks Coffee at 301 Merchants Walk in Summersville. Starbucks signed a 10-year lease with an option to terminate after five years

…

  • March 2, 2021

Hibbett Sports Opens 5,600-Square-Foot Store at Mall in Morgantown, West Virginia

Morgantown, W.Va. — Hibbett Sports has opened a 5,600-square-foot store within Morgantown Mall. The Birmingham, Ala.-based sports retailer offers brands such as Nike, Under Armour, Jordan, The North Face and Adidas. The new location implements the company’s new store design,

…

  • September 15, 2020

West Virginia Enters Next Phase of State’s Reopening Plan, Including Movie Theaters and Casinos

Charleston, W.Va. — West Virginia Gov. Jim Justice on Friday allowed movie theaters and casinos in the state to reopen. Theaters are required to operate with social distancing guidelines in place, including limiting the theater occupancy that will allow for

…

  • June 8, 2020

Uber Capital Arranges $11 Million Acquisition Loan for Shopping Center in Logan, West Virginia

Logan, W.Va. — Uber Capital Group has arranged an $11 million acquisition loan for Fountain Place Shopping Center, a 226,096-square-foot retail property in Logan. The five-year loan features a fixed 4.5 percent interest rate and a 20-year amortization schedule. Fountain

…

  • April 27, 2020

Heidenberg, Strategic Real Estate Open 22,000-Square-Foot Marshalls Within Potomac Marketplace in West Virginia

Ranson, W.Va. — Heidenberg Properties Group and Strategic Real Estate Partners have opened the 22,000-square-foot Marshalls at The Potomac Marketplace in Ranson. In March, the two companies announced they reached a leasing agreement with The TJX Cos., the parent company

…

  • December 5, 2019

Palomar Group Trades 135,804-Square-Foot, Kroger-Anchored Shopping Center in Oak Hill, West Virginia

Oak Hill, W.Va. — The Palomar Group has sold Fayette Square, a 135,804-square-foot, Kroger-anchored shopping center in Oak Hill. The property was 92 percent leased at the time of sale to tenants including Kroger, Goodwill, Burger King, Big Lots, Sherwin

…

  • October 3, 2019

Albanese Cormier Acquires Nine Shopping Centers Totaling 758,983-Square-Foot

Beaumont, Texas — Beaumont, Texas-based Albanese Cormier Holdings has acquired nine shopping centers totaling 758,983 square feet in Indiana, Michigan, Ohio and West Virginia. The purchase prices were undisclosed. ShopOne was the seller. Representatives from May Real Estate, Cooper Commercial

…

  • August 28, 2019

Busy Beaver to Open Fourth West Virginia Location in April

Elkins, W.Va. — Home improvement store Busy Beaver is set to open a location in Elkins, West Virginia, on April 10.

…

  • February 5, 2019

Heidenberg, Strategic Real Estate Acquire Shopping Center in West Virginia for $35.9 Million

Random, W.Va. — A joint venture between Heidenberg Properties Group and Strategic Real Estate Partners has purchased The Potomac Marketplace, a 370,000-square-foot shopping center located along Route 9 in Ranson.

…

  • July 13, 2017

PREIT Sells Two Remaining Non-Core Malls for $49 Million

Monaca, Pa. and Beckley, W.Va. — PREIT has sold the company’s two remaining non-core malls in Pennsylvania and West Virginia for a combined total of $49 million.

…

  • January 18, 2017

Field & Stream to Open New Store in Huntington Mall in West Virginia

Barboursville, W.Va. — Field & Stream, an outdoors specialty store owned and operated by Dick’s Sporting Goods, plans to open a new store in Huntington Mall in Barboursville.

…

  • November 9, 2016
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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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