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Progressive Arranges Sale of Retail Center, Signs Six New Tenants to Mixed-Use Development in California

San Jacinto and Corona, Calif. — Progressive Real Estate Partners has arranged the $4.9 million sale of Dollar General Town Center, a 27,112-square-foot retail center located in the Inland Empire community of San Jacinto.

…

  • September 6, 2017
  • Published in California, Investment sales, Leasing, News

OnSite Retail Group to Lease $140 Million District at Deerfield in Cincinnati

Cincinnati — OnSite Retail Group will oversee leasing of the retail portion of The District at Deerfield, a $140 million mixed-use development in Cincinnati.

…

  • September 5, 2017
  • Published in Leasing, News, Ohio

Young Hickory to Open at IDEA1 Mixed-Use Development in San Diego

San Diego — CBRE has announced that Young Hickory — a café offering local coffee, craft beer, breakfast and lunch — will open a 1,577-square-foot location at IDEA1, a mixed-use development by Lowe Enterprises, LaSalle Investment Management and I.D.E.A. Partners

…

  • August 31, 2017
  • Published in California, Leasing, News

Developer Unveils Main Retailers at Outlets of Des Moines, Preps for October Opening

Des Moines, Iowa — New England Development has unveiled the tenant list for Outlets of Des Moines leading up to the grand opening on Oct. 20.

…

  • August 28, 2017
  • Published in Development, Iowa, Leasing, News

Shea Properties Signs Seven Tenants to Open at Mercado del Barrio in San Diego

San Diego, Calif. — Shea Properties has signed seven new tenants to open at Mercado del Barrio, a mixed-use center located in the Barrio Logan neighborhood of San Diego.

…

  • August 24, 2017
  • Published in California, Leasing, News

Walmart Supercenter Opens as Anchor Tenant at Oak Tree Plaza in Egg Harbor Township, New Jersey

Egg Harbor Township, N.J. — Wolfson Group has announced that Walmart Supercenter has opened as the anchor tenant at Oak Tree Plaza in Egg Harbor Township.

…

  • August 18, 2017
  • Published in Development, Leasing, New Jersey, News

Champs Sports to Open Flagship Location at 10 Times Square in New York City

New York City — Champs Sports, a division of Foot Locker Inc., is set to open a two-story flagship store at 10 Times Square in New York City.

…

  • August 11, 2017
  • Published in Leasing, New York, News

PREIT Signs Belk to Anchor Valley Mall in Northwestern Maryland

Hagerstown, Md. — PREIT has signed a lease with Belk to join Valley Mall in Hagerstown.

…

  • July 27, 2017
  • Published in Leasing, Maryland, News

PREIT Repositions 614,000-Square-Foot Capital City Mall Near Harrisburg

Camp Hill, Pa. — PREIT is repositioning Capital City Mall near Harrisburg with multiple new tenants.

…

  • July 20, 2017
  • Published in Leasing, News, Pennsylvania

Peterson Cos. Opens First Publix in Virginia

Glen Allen, Va. — The Peterson Cos. has opened the first Publix in Virginia at Nuckols Place, a shopping center located in Glen Allen, roughly 13 miles north of Richmond.

…

  • July 17, 2017
  • Published in Leasing, News, Virginia
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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

  • TTM Purchases 248,841-Square-Foot Retail Center in Los Angeles
  • BWE Secures $35 Million Refinancing for Shopping Center in Washington
  • PGIM Sells Two Publix-Anchored Centers in Florida for $32 Million
  • Benderson Acquires Two Retail Properties, Opens Publix in Sarasota, Florida
  • Simon and JAG to Collaborate on Restaurants at Three Properties

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