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Retail Properties of America Names Julie Swinehart Chief Financial Officer

Oak Brook, Ill. — Oak Brook-based Retail Properties of America Inc. (RPAI) has promoted Julie Swinehart as the company’s executive vice president, chief financial officer and treasurer.

…

  • February 13, 2018
  • Published in Company news, Illinois, News

Inland Acquires 24 CVS/pharmacy Properties Across 14 States for $116 Million

Oak Brook, Ill. — Oak Brook-based Inland Real Estate Acquisitions, acting on behalf of an Inland affiliate, has arranged the acquisition of 24 newly developed CVS/pharmacy properties across 14 states for $116 million.

…

  • October 18, 2016
  • Published in Illinois, Investment sales, News

Mid-America Arranges $18.2 Million Sale of The Oaks of Oak Brook in Suburban Chicago

Oak Brook, Ill. — Mid-America Real Estate Corp. has arranged the $18.2 million sale of The Oaks of Oak Brook, a 67,143-square-foot retail property located in Oak Brook, approximately 20 miles west of Chicago.

…

  • January 19, 2016
  • Published in Illinois, Investment sales, News

InvenTrust Properties Acquires Two Shopping Centers for a Combined $69.8 Million

Oak Brook, Ill. — Oak Brook-based InvenTrust Properties Corp. has acquired two open-air shopping centers located in Florida and Texas for a combined $69.8 million.

…

  • December 8, 2015
  • Published in Florida, Illinois, Investment sales, News, Texas

Retail Properties of America Hires Heath Fear as CFO

Oak Brook, Ill. — Retail Properties of America Inc. has hired Heath Fear as the company’s new Chief Financial Officer.

…

  • July 27, 2015
  • Published in Illinois, News, Operations

Mid-America Real Estate Arranges Sale of Prairie Crossings in Suburban Chicago for $24.7 Million

Frankfort, Ill. – Prairie Crossings Shopping Center includes tenants such as Bed Bath & Beyond, Sports Authority, Office Depot, Famous Footwear, Chipotle and Panera.

…

  • October 7, 2014
  • Published in Illinois, Investment sales, News

Inland REIT to Buy $318 Million Retail Portfolio

Oak Brook, Ill. – The 15-property portfolio of retail centers is located across eight states, totaling approximately two million square feet.

…

  • September 16, 2014
  • Published in Alabama, Illinois, Louisiana, News, North Carolina, Wisconsin

Marcus & Millichap Arranges $5.9 Million Sale of Retail Property near Chicago

Bolingbrook, Ill. – The shopping center is nearly 93 percent occupied.

…

  • September 9, 2014
  • Published in 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

  • 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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