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JLL Arranges $221.8 Million Bridge Loan for Retail Portfolio in Brooklyn

New York City — JLL has arranged a $221.8 million bridge loan through JP Morgan to finance a retail portfolio in the Williamsburg neighborhood of Brooklyn.

…

  • August 27, 2018
  • Published in Finance, News

Gazit-Globe Acquires Leasehold Interest in Brooklyn’s Ceasar’s Bay Shopping Center for $43 Million

New York City — Gazit-Globe has acquired a leasehold interest in the Ceasar’s Bay Shopping Center in the Gravesend neighborhood of Brooklyn.

…

  • July 5, 2018
  • Published in Investment sales, News

Macy’s Acquires STORY Concept Store in New York City

New York — Macy’s Inc. has acquired STORY, a concept store in New York City.

…

  • May 4, 2018
  • Published in News, Operations

Nine West Files for Bankruptcy, Will Close all Stores

New York City — Nine West Holdings Inc. has filed for bankruptcy after accumulating $1.6 billion in debt.

…

  • April 11, 2018
  • Published in Company news, News, Retailers

Jamestown Sells 1.2 Million-Square-Foot Chelsea Market in Manhattan to Google for $2.4 Billion

New York City — Jamestown LP has sold Chelsea Market in Manhattan to Google Inc. (NASDAQ: GOOG) for $2.4 billion.

…

  • March 21, 2018
  • Published in Investment sales, New York, News

Cushman & Wakefield Arranges $23 Million Sale of Development Site in New York

New York City — Cushman & Wakefield has arranged the sale of a corner development site located in the Flushing neighborhood of Queens.

…

  • February 13, 2018
  • Published in Investment sales, News

Extell Development Closes on $1.1 Billion Financing for Central Park Tower in Manhattan

New York City — Extell Development Co. closed on a $1.1 billion construction loan for Central Park Tower on Dec. 29, 2017.

…

  • January 11, 2018
  • Published in New York, News

Forest City Realty Trust Converts Ownership of 10 Retail Centers in Metro New York City

New York City — Forest City Realty Trust has completed the conversion of its common ownership interest to preferred interest in 10 specialty retail centers in the New York City metro area.

…

  • January 2, 2018
  • Published in New York, News

Rockwood Capital, Midtown Equities Receive $245 Million Loan for Mixed-Use Project in Brooklyn

New York City — Rockwood Capital, in partnership with Midtown Equities, has received $245 million in financing for a portion of Empire Stores in Brooklyn’s DUMBO neighborhood.

…

  • December 15, 2017
  • Published in News

Rosewood Realty Arranges $7.5 Million Sale of Retail Building in Queens

New York City — Rosewood Realty Group has arranged the sale of a retail building located in the South Astoria section of Queens in New York City.

…

  • November 6, 2017
  • Published in Investment sales, News
Older posts

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

  • Richmar Properties Sells Covington Square Shopping Center in Metro Atlanta for $13.4 Million
  • Essex Secures $32 Million Acquisition Financing for Mixed-Use Property in Denver
  • Mid-America Brokers Sale of 5,443-Square-Foot Luxury Retail Building in Chicago
  • SVN | J. Beard Arranges Sale of 3,600-Square-Foot Retail Property in Metro Houston
  • Five Tenants Join Christown Spectrum in Phoenix

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