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Aztec Arranges $80.5 Million Construction Loan for Walmart, Home Depot-Anchored Project in Northeast Florida

St. Johns, Fla. — Aztec Group Inc. has arranged an $80.5 million construction loan for The Pavilion at Durbin Park, an 80-acre retail project in St. Johns, located 25 miles south of Jacksonville.

…

  • March 28, 2018
  • Published in Development, Finance, Florida, News

CPAC Sells Retail Center in Metro Miami for $12.6 Million

Sunrise, Fla. — CPAC, a joint venture between CREC and members of the Lindemann family, has sold University Shoppes of Sunrise in Broward County for $12.6 million.

…

  • November 27, 2017
  • Published in Florida, Investment sales, News

Aztec Group Arranges $7 Million Sale, $5 Million Financing for Retail Center in Central Florida

Lakeland, Fla. — Aztec Group Inc. has arranged the $7 million sale of Eastside Village Center, a 76,250-square-foot retail center in Lakeland.

…

  • November 21, 2017
  • Published in Investment sales, News

Aztec Group Secures $26M Construction Loan for Phase II of Riverbend Marketplace in Fort Lauderdale

Fort Lauderdale, Fla. — Aztec Group has secured a $26 million construction loan for Phase II of Riverbend Marketplace, a 37-acre, Walmart-anchored development in Fort Lauderdale.

…

  • March 31, 2016
  • Published in Development, Finance, Florida, News

Aztec Group Arranges $20 Million Refinancing for Crossings Shopping Village

Miami — Aztec Group Inc. has arranged $20 million in refinancing for Crossings Shopping Village, a 109,000-square-foot retail complex anchored by Publix, CVS/pharmacy and You Fit Fitness in Miami.

…

  • June 24, 2015
  • Published in Finance, Florida, News

Aztec Group Secures $18.6 Million for Shopping Center in Miami

Miami — Aztec Group Inc. has secured $18.6 million in financing for the shopping complex Sedano’s Plaza at Lakes on the Green in Miami.

…

  • May 22, 2015
  • Published in Finance, Florida, News

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NRF: Holiday Retail Sales Rose 5.3 Percent to $936.3 Billion in 2022

 Washington, D.C. — The National Retail Federation (NRF) has reported that retail sales during 2022’s November-December holiday season rose 5.3 percent year-over-year, reaching $936.3 billion. Though the number fell short…

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Key Variable Moving Forward in Today’s Market? Motivation from Both Sides

Motivation is one of the prime drivers in any market cycle. Some markets are affected by interest rates and others by inflation. One way or another, however, a retail investment…

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Today’s Pricing Strategy is a Mix of Art, Science

There will always be a tug-of-war between retail buyers and sellers — or, really, buyers and sellers of any kind. Both parties want to achieve the best price, but that…

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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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Industry News

  • JLL Brokers $22.1 Million Sale of Retail Property Near Los Angeles
  • IPA Brokers Sale of 68,761-Square-Foot Shopping Center in Upstate New York
  • Metro Orlando Restaurant Property Trades Hands in $3.3 Million Sale
  • Cord Meyer Signs Five New Tenants to Shopping Centers in Metro New York City
  • Northmarq Arranges Acquisition Financing for 388,700-Square-Foot Shopping Center in Montgomery, Alabama

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