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CBRE, Brookfield Property Partners Buy Three Super-Regional Malls from GGP for More Than $1 Billion

Los Angeles and New York — CBRE Global Investors (NYSE: CBRE) has formed a joint venture with Brookfield Property Partners (NASDAQ: BPY) to purchase three super-regional malls totaling 3.7 million square feet from General Growth Properties (NYSE: GGP).

…

  • August 28, 2018
  • Published in Investment sales, News

Adelaide Polsinelli, Ronda Rogovin Launch Commercial Division at Compass in New York Metro Area

New York — Two former Eastern Consolidated principals have launched a commercial division at Compass in the firm’s New York metropolitan region.

…

  • August 22, 2018
  • Published in New York, News

Phillips Edison Entities to Merge, Creating $6.3 Billion Grocery Center REIT

Cincinnati — Phillips Edison & Co. Inc. (PECO) has entered into a definitive merger agreement with Phillips Edison Grocery Center REIT II, a publicly traded REIT currently advised and managed by PECO.

…

  • July 18, 2018
  • Published in Company news, News

Gene Spiegelman Joins Ripco as Vice Chairman, Principal

New York — Gene Spiegelman has joined Ripco Real Estate LLC as vice chairman and principal.

…

  • June 12, 2018
  • Published in News

Starwood Retail Promotes Jonathan Kaplan to Vice President of Leasing

Chicago — Starwood Retail Partners has promoted Jonathan Kaplan to vice president of leasing.

…

  • May 18, 2018
  • Published in Company news, News

SRS Welcomes Rich Walter, Pat Kent as Capital Markets Executives

Newport Beach, Calif. — SRS Real Estate Partners has welcomed two senior capital markets and investment sales professionals to its Newport Beach office.

…

  • May 17, 2018
  • Published in California, News

Starwood Retail Partners Names Vincent Corno Senior Vice President of Development

Chicago — Starwood Retail Partners has hired retail and real estate construction executive Vincent Corno as senior vice president of development.

…

  • May 17, 2018
  • Published in News

QIC Expands Senior Leadership Team in United States, Australia

Los Angeles — Australia-based QIC has expanded its senior leadership team, announcing several senior executive appointments in the United States and Australia.

…

  • May 4, 2018
  • Published in Company news, News, Operations

PREP Appoints Numa Jerome as Vice President of Leasing

Park City, Utah — Park City-based PREP Property Group Inc. has appointed Numa Jerome as vice president of leasing.

…

  • April 3, 2018
  • Published in Company news, News, Operations

Brookfield to Buy Mall Owner GGP for $9.25 Billion in Cash Plus Stock

New York And Chicago — Brookfield Property Partners (NASDAQ: BPY) has agreed to acquire all remaining shares of GGP Inc. (NYSE: GGP), a Chicago-based mall owner.

…

  • March 27, 2018
  • Published in Investment sales, New York, News
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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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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

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  • First Washington Realty Sells Whole Foods Market-Anchored Retail Center in Southern Arizona for $31.1 Million
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  • DalMoros Fresh Pasta to Open Two South Florida Locations Totaling 1,836 Square Feet
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