PMC Breaks Ground on 65,000-Square-Foot GIANT Food Store in Philadelphia

Philadelphia — PMC Property Group, a Philadelphia-based developer, has broken ground on a 65,000-square-foot flagship store for GIANT Food Stores in Philadelphia. Located within the Gensler-designed Riverwalk mixed-use project, the store will offer more than 600 varieties of fresh and

LBX Investments Acquires 208,568-Square-Foot Retail Center

Fultondale, Ala. — LBX Investments has acquired Promenade Fultondale, a 208,568-square-foot retail center in Fultondale. The sales price was not disclosed. The property was completed in 2008 and is located five miles north of downtown Birmingham. The center was 96

Hill Partners Signs Four Tenants at Promenade at Coconut Creek

Coconut Creek, Fla. — Hill Partners Inc. has signed Naked Taco, Xfinity interactive retail store, Coconut Vibe and Zervos Group to leases totaling more than 9,000 square feet within Promenade at Coconut Creek. Naked Taco will occupy 5,796 square feet

U.S. Retail Sales Up 5.6 Percent from 2018, Says U.S. Census Bureau

Washington, D.C. — The U.S. Census Bureau reports that retail sales in July were up 0.9 percent from June and 5.6 percent year-over-year. The numbers exclude restaurants, gas stations and automobile sales but include e-commerce sales. July’s results build on

JLL Brokers $17 Million Sale of Retail Center on Long Island

Long Island, N.Y. — JLL has brokered the $17 million sale of Hubbard’s Commons, a 65,970-square-foot, grocery-anchored retail center on Long Island. At the time of sale, the property was 98 percent leased to tenants such as Best Market, Rite