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Pine Tree Acquires Town Square Shopping Center in Metro Chicago for $23M

Schererville, Ind. — Pine Tree Commercial Realty LLC has acquired Town Square shopping center, a 138,571-square-foot center located 45 minutes away from Chicago in Schererville, for $23 million.

…

  • April 20, 2016
  • Published in Indiana, Investment sales, News

Pine Tree Commercial Realty Announces $670 Million in Transactions in 24 Months, Hires Seven

Northbrook, Ill. — Northbrook-based Pine Tree Commercial Realty has completed $670 million in retail real estate acquisitions over 24 months, and has hired seven.

…

  • December 16, 2015
  • Published in Investment sales, News, Operations

Pine Tree Commercial Realty Acquires Pine Creek Shopping Center

Grass Valley, Calif. — Pine Tree Commercial Realty LLC has acquired Pine Creek shopping center, a 216,683-square-foot grocery-anchored shopping center located in Grass Valley.

…

  • November 24, 2015
  • Published in California, Investment sales, News

Pine Tree Commercial Realty Promotes Four New Vice Presidents

Northbrook, Ill. — Pine Tree Commercial Realty has named four new vice presidents.

…

  • June 18, 2015
  • Published in Illinois, News, Operations

Pine Tree Buys Grocery-Anchored Village of Blaine Shopping Center

Blaine, Minn. — Transwestern’s Chicago office has brokered the sale of The Village of Blaine Shopping Center located in Blaine.

…

  • March 19, 2015
  • Published in Investment sales, Minnesota, News

Plaza Advisors Arranges Sale of South Pasadena Shopping Center for $21.1 Million

South Pasadena, Fla. – The property was formerly occupied by Publix and recorded an average occupancy of 93 percent for the seven years prior to its departure.

…

  • October 23, 2014
  • Published in Florida, News

Pine Tree Commercial Buys Shopping Center in Asheville, North Carolina

Asheville, N.C. – Riverbend Marketplace is situated on the Tunnel Road Corridor, the main commercial corridor of eastern Asheville.

…

  • September 25, 2014
  • Published in News, North Carolina

Pine Tree Commercial Realty Hires Michael Gold as VP of Leasing

Northbrook, Ill. – Gold was most recently a senior associate at CBRE.

…

  • September 11, 2014
  • Published in News

Cohen Real Estate Brokers $26.2 Million Shopping Center Sale

Sparks, Nev. — The 633,498-square-foot Sparks Galleria Shopping Center is 57 percent occupied.

…

  • December 18, 2013
  • Published in News

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

  • Bed Bath & Beyond Announces 87 Additional Store Closures
  • Levin Properties Receives $43.2 Million Refinancing for St. Georges Crossing in Central New Jersey
  • CVS Agrees to Acquire Oak Street Health in $10.6 Billion Deal
  • Grossman Development Group Purchases 261,672-Square-Foot Retail Center Near Boston
  • Hanley Investment Group Brokers $21.2 Million Sale of El Dorado Shopping Center in Long Beach, California

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