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Joint Venture to Add Mix of Uses to Potomac Marketplace in West Virginia

Ranson, W.V. — 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 Commission

…

  • April 9, 2021
Starbucks_Summersville

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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Industry Content

Webinar: Will Southeast Retail Investment Activity Bounce Back in 2021?

Shopping Center Business and Southeast Real Estate Business hosted "Southeast Retail Investment Outlook — Will Retail Investment Activity Bounce Back in 2021?" A panel of retail experts covered topics like the lending atmosphere,…

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Webinar: Driving Retail Income Through Specialty Leasing & Ancillary Revenue

    On October 15 Ancillary Retail hosted a webinar titled “Driving Income Through Specialty Leasing and Ancillary Revenue.” Webinar panelists shared how important it is to quickly shift strategy, not just in relation…

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Webinar: Las Vegas Retail Outlook — How is the Las Vegas Retail Sector Responding to…

  Webinar: Las Vegas Retail Outlook — How is the Las Vegas Retail Sector responding to COVID-19?  hosted by Shopping Center Business and Western Real Estate Business, covers the approaches taken by an expert…

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Webinar: Michigan Retail Outlook: How is Michigan’s Retail Sector Responding to COVID-19?

  (Panelists, clockwise from top left) Adam Tiktin, Tiktin Real Estate Investment Services; Rod Castan, Courtelis Company; Lyle Stern, Koniver Stern Group; Philip Rosen, Becker (moderator); Duane Stiller, Woolbright Development. Shopping Center…

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Industry News

  • Federal Realty to Redevelop 144,000-Square-Foot Shopping Center in Falls Church, Virginia
  • Boulder Group Arranges $7 Million Sale of Grocery Property in Metro Green Bay
  • Black Gate Partners Acquires 24,691-Square-Foot Emerson Way Shopping Center in Indianapolis
  • Joint Venture to Add Mix of Uses to Potomac Marketplace in West Virginia
  • Selig Enterprises, Pension Fund Acquire 421,000-Square-Foot Lenox Marketplace in Atlanta’s Buckhead District

Coronavirus News

  • U.S. Division of L’Occitane Files for Chapter 11 Bankruptcy Protection, Plans Store Closures

  • Saucy Brew Works to Open Brewpub, Coffeehouse in Detroit’s Brush Park

  • AMC Theatres Raises $917 Million of Investment Capital, Says Bankruptcy is ‘Completely Off Table’

  • Indoor Dining Expected to Resume Feb. 1 in Michigan

  • Punch Bowl Social Files for Chapter 11 Bankruptcy

  • Sameday Testing to Open Five COVID-19 Testing Sites at Westfield Shopping Center Locations

Read More COVID-19 News

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