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CBRE Arranges $10 Million Sale of Liberty Plaza Shopping Center in Philadelphia

Philadelphia — CBRE has arranged the $10 million sale of Liberty Plaza, a 372,130-square-foot shopping center in Philadelphia.

…

  • August 30, 2018
  • Published in Investment sales, News, Pennsylvania

PREIT Signs Three Tenants to Backfill Former Macy’s at Plymouth Meeting Mall in Philadelphia

Philadelphia — PREIT has inked leases with three new tenants at Plymouth Meeting Mall in Philadelphia.

…

  • August 13, 2018
  • Published in Development, Leasing, News, Pennsylvania

Kimco’s Lincoln Square to Feature Philadelphia’s First Sprouts Farmers Market

Philadelphia — Kimco Realty’s Lincoln Square mixed-use project currently under development will be the site of Philadelphia’s first Sprouts Farmers Market.

…

  • April 5, 2018
  • Published in Development, Leasing, News

KeyBank Provides $44.7 Million Refinancing for Two Buildings in Philadelphia

Philadelphia — KeyBank Real Estate Capital has provided a $44.7 million refinancing for two buildings in the Art Museum neighborhood of Philadelphia.

…

  • August 15, 2017
  • Published in Finance, News, Pennsylvania

Urban Edge to Acquire $325 Million Retail Portfolio in New York, Philadelphia, St. Louis

New York, Philadelphia and St. Louis — Urban Edge Properties (NYSE: UE), a real estate investment trust, has entered into a contract to acquire a seven-property portfolio of retail assets for $325 million.

…

  • April 11, 2017
  • Published in Investment sales, Missouri, New York, News, Pennsylvania

HFF Secures Financing for Retail Portion of Rodin Square in Philadelphia

Philadelphia — HFF has secured permanent financing for the retail portion of Rodin Square, a 79,233-square-foot mixed-use development located in the City Center district of Philadelphia.

…

  • February 3, 2017
  • Published in News, Pennsylvania

Benbrooke Sells Franklin Marketplace in Philadelphia for $25.8 Million

Philadelphia — Benbrooke has sold Franklin Marketplace, a 223,434-square-foot retail power center located in northeastern Philadelphia, for $25.8 million.

…

  • August 26, 2016
  • Published in Investment sales, News, Pennsylvania

PREIT Sells Four Malls for $92.4M

Philadelphia — Philadelphia-based PREIT (NYSE: PEI) has announced the sale of four malls for an aggregate price of $92.4 million.

…

  • March 30, 2016
  • Published in Investment sales, News, Pennsylvania

HFF Arranges $18.5 Million Refinancing for West Goshen Town Centre

West Chester, Penn. — Holliday Fenoglio Fowler (HFF) has arranged an $18.5 million refinancing for West Goshen Town Centre, a 135,650-square-foot ShopRite-anchored retail center located in the Philadelphia suburb of West Chester.

…

  • November 16, 2015
  • Published in Finance, News, Pennsylvania

Target to Open Two Smaller Store Locations in Downtown Philadelphia

Philadelphia — Metro Commercial Real Estate Inc. has brokered two deals for Target in the Center City area of Philadelphia.

…

  • October 30, 2015
  • Published in News, Pennsylvania
Older posts

Industry Content

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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NewMark Merrill: Prop Tech Solutions to Retail Challenges

Shopping center developers, owners and managers are using property technology (prop tech) to make sense of a wealth of new, retail-generated data to create an ongoing, positive experience for customers. Sandy Sigal,…

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Industry News

  • Hanley Investment Group Brokers $21.2 Million Sale of El Dorado Shopping Center in Long Beach, California
  • STRIVE Arranges Sale of 13,522-Square-Foot Retail Strip Center in Frisco, Texas
  • IRA Capital Sells 157,322-Square-Foot Poinsettia Plaza Shopping Center in Southern California for $66 Million
  • Northmarq Arranges $15.2 Million Sale of 73,847-Square-Foot Retail Center in Metro Atlanta
  • Progressive Facilitates $11.9 Million Sale of Gas Station Property in Norco, California

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