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Paragon Realty Sells Sarasota Main Plaza for $18.1 Million

Sarasota, Fla. — Paragon Realty Group has sold Sarasota Main Plaza, a 254,677-square-foot mixed-use retail center for $18.1 million.

…

  • December 4, 2015
  • Published in Florida, Investment sales, News

Bass Pro Shops to Open World Wide Sportsman Store in North Palm Beach, Florida

North Palm Beach, Fla. – The store will hire approximately 200 full- and part-time associates from the area.

…

  • October 20, 2014
  • Published in Florida, Leasing, News

Whole Foods Market Centre in Florida Sells for $19.1 Million

Sarasota, Fla. – The multi-tenant property includes a center with small shops located on the ground floor of a condominium development.

…

  • October 17, 2014
  • Published in Florida, News

The Mall at University Town Center to Open

Sarasota, Fla. – More than half of the 100 tenants are unique to the Sarasota-Manatee, Florida, market.

…

  • October 10, 2014
  • Published in Florida, News

Increasing Value through Redevelopment

Brian Bern Senior Director, Franklin Street   The lion’s share of Tampa Bay activity is focused on non-performing assets located in key corridors.

…

  • October 10, 2014
  • Published in Features, Florida, Investment sales, SCBlog

ECHO Realty Purchases Grocery-Anchored Paradise Plaza in Sarasota, Florida for $26.7 Million

Sarasota, Fla. – In Paradise Plaza, the Publix store consists of 49,000 square feet, CVS comprises 16,000 square feet and Petco has 12,000 square feet.

…

  • August 19, 2014
  • Published in Florida, News

Meridian Arranges $31 Million Loan for Central Florida Retail Portfolio

Boca Raton, Fla. – The seven properties total 200,000 square feet and house 80 tenants.

…

  • June 2, 2014
  • Published in Florida, News

Construction Under Way on $315 Million The Mall at University Town Center

Sarasota, Fla. — The 880,000-square-foot center will be anchored by a Saks Fifth Avenue, Dillard’s and Macy’s.

…

  • October 17, 2012
  • Published in 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

  • Watumull Properties Corp. Purchases Niumalu Marketplace in Hawaii for $66 Million
  • Longpoint Acquires Shopping Center in Metro Los Angeles for $22.7 Million
  • Meijer Debuts New Concept with Two Stores in Metro Detroit
  • Nordstrom Rack, Chick-fil-A Sign Leases Totaling 39,961 Square Feet at Retail Center in San Antonio, Texas
  • Eureka! Opens 4,504-Square-Foot Restaurant in Southern California

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