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Stan Johnson Arranges $19 Million Sale of Penn & American Retail Center in Minnesota

Bloomington, Minn. — Stan Johnson Co. has arranged the $19 million sale of Penn & American, a 58,531-square-foot retail center in Bloomington.

…

  • August 2, 2018
  • Published in Investment sales, Minnesota, News

Shopping Center Developer Terry Tallen Donates $2 Million to Indiana University Athletics

Bloomington, Ind. — Terry Tallen, chairman and CEO of Tallen Capital Partners LLC, has donated $2 million to the Indiana University Bicentennial Campaign for Athletics.

…

  • April 23, 2018
  • Published in Indiana, News

CBL Properties Unveils Tenant Lineup for Mall Redevelopment in Illinois

Bloomington, Ill. — CBL Properties has signed three new tenants to Eastland Mall in Bloomington.

…

  • January 5, 2018
  • Published in Illinois, News

Mall of America to Open Multi-Brand Retail Concept

Bloomington, Minn. — Mall of America is set to open Debut, a 2,500-square-foot collection of shop-in-shops, in the north wing of the mall on Nov. 16.

…

  • November 8, 2016
  • Published in Minnesota, News

Crayola to Open 60,000-Square-Foot Attraction at Mall of America

Bloomington, Minn. — Crayola will open a 60,000-square-foot Crayola Experience family attraction at Mall of America in summer 2016.

…

  • July 17, 2015
  • Published in Development, Minnesota, News

Carmike Cinemas Inc. Opens New Theater in Bloomington, Illinois

Bloomington, Ill. — The dine-in entertainment complex features 10 large, wall-to-wall screens and all-new stadium seating.

…

  • February 19, 2015
  • Published in Development, Illinois, News

Industry Content

Legacy Brokers $16.2 Million Sale of Shopping Center in Metro Charlotte

Indian Trail, N.C. — Legacy Realty Group Advisors has arranged the sale of Union Town Center, a 102,360-square-foot shopping center located in Indian Trail, roughly 15 miles southeast of Charlotte.…

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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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Industry News

  • Foot Locker to Close More Than 400 Stores
  • Bass Pro Shops to Open 63,000-Square-Foot Store in Niles, Ohio
  • Hanley Brokers $2.3 Million Sale of Single-Tenant Retail Property in Southern California
  • Marcus & Millichap Brokers $1.1 Million Sale-Leaseback of Jimmy John’s-Occupied Property in Wisconsin
  • Seven Tenants Sign Leases at Vancouver Mall in Metro Portland

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