Kohl’s to Close 18 Stores Nationwide in 2016
Menomonee Falls, Wis. — Menomonee Falls-based Kohl’s Corp. (NYSE: KSS) is set to close 18 underperforming stores during 2016, according to the company’s fourth-quarter earnings report released Feb. 25.
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Cole Retail REIT Acquires Shopping Center in Wisconsin for $18.5 Million
Manitowoc, Wis. — Mid-America Real Estate Corp. has brokered the sale of Harbor Town Center, a shopping center located in Manitowoc.
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CBRE Refinances $7.2 Million for Kohl’s in Illinois
Round Lake Beach, Ill. — CBRE has secured the financial loan of a single-tenant retail building occupied by Kohl’s located in Round Lake Beach for $7.2 million.
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HFF Arranges $46.1 Million Sale of Grocery-Anchored Shopping Center in New Hampshire
Bedford, N.H. — HFF has arranged the $46.1 million sale of The Shoppes at Bedford Mall, a 277,289-square-foot, recently redeveloped, grocery-anchored retail center in Bedford, a suburb of Manchester.
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Lee & Associates Negotiates Sale and Purchase of Kohl’s in Illinois
Round Lake Beach, Ill. — Lee & Associates has negotiated the $12.7 million sale and purchase of a Kohl’s store, located in Round Lake Beach.
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The Boulder Group Brokers $2 Million Sale of On The Border Restaurant near Chicago
St. Charles, Ill. — The Boulder Group has brokered the $2 million sale of a single-tenant, net lease On The Border restaurant property in St. Charles.
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Hanley Sells Triple-Net Leased Kohl’s for $22 Million
Los Angeles — The seller was a Los Angeles-based private investor represented by Ed Hanley, Kevin Fryman and Eric Wohl of Hanley.
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Marcus & Millichap Brokers $10.75 Million Sale of Kohl’s Department Store in Ohio
Westerville, Ohio — SPMC Urban Properties purchased the property in a 1031-tax-deferred exchange.
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Federal Realty Buys $62.2 Million Controlling Interest in Silicon Valley Shopping Center
Mountain View, Calif. — Several notable companies are either headquartered or have a major presence within five miles of San Antonio Shopping Center.
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Mid-America Real Estate Arranges Sale of Shopping Center in Milwaukee
Milwaukee — Tenants at Point Loomis Shopping Center include Kohl’s, Pick ‘n Save and Chase Bank.
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