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HFF Arranges $41.5 Million Sale of ShopRite-Anchored Center in New Jersey

Wall Township, N.J. — HFF has arranged the $41.5 million sale of Wall Towne Center, a 99,070-square-foot retail center in the central New Jersey community of Wall Township.

…

  • June 5, 2018
  • Published in Investment sales, New Jersey, News

SH Corp. Sells Freestanding ShopRite in Connecticut for $10.8 Million

Orange, Conn. — SH Corp. has sold a freestanding, 65,303-square-foot ShopRite located in Orange, Connecticut, for $10.8 million.

…

  • October 27, 2016
  • Published in Connecticut, Investment sales, News

JV Acquires ShopRite at Bay Shore on Long Island for $30 Million

Bay Shore, N.Y. — A joint venture between Mattone Group LLC and Gartenstein Properties has acquired ShopRite at Bay Shore, a 60,000-square-foot, single-tenant retail property located in the Long Island community of Bay Shore, for $30 million.

…

  • October 3, 2016
  • Published in Investment sales, New York, News

ShopRite in Wallington, New Jersey, to Open in May

Wallington, N.J. — ShopRite will open a new location in May in the Wallington Plaza Shopping Center in Wallington.

…

  • April 20, 2015
  • Published in Development, New Jersey, News

Cedar Realty Acquires Lawndale Plaza for $24.5 Million

Philadelphia — Lawndale Plaza is located in the Lawndale submarket in northeast Philadelphia.

…

  • March 2, 2015
  • Published in News

DLC Management Corp. Buys Power Center in New York

Poughkeepsie, N.Y. — The Shoppes at South Hills’ tenants include ShopRite, Burlington Coat Factory, Hobby Lobby and Chuck E. Cheese.

…

  • December 22, 2014
  • Published in New York, News

The Feil Organization Sells 340,000-Square-Foot Shopping Center to Wharton Realty Group

Philadelphia — The ShopRite-anchored center sold for an undisclosed price.

…

  • December 4, 2014
  • Published in Investment sales, News

Cedar Realty Trust Acquires Quartermaster Plaza in Philly for $92.3 Million

Philadelphia – The shopping center is 98 percent occupied.

…

  • March 27, 2014
  • Published in News

Tucker Development Breaks Ground on $92 Million Project

Newark, N.J. — ShopRite will anchor Springfield Avenue Marketplace with a 67,000-square-foot store.

…

  • October 22, 2013
  • Published in Grocery-anchored, Mixed-use, News

NorthMarq Capital Arranges $32 Million Mortgage

Scarsdale, N.Y. — Midway Shopping Center is anchored by ShopRite.

…

  • January 17, 2013
  • 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

  • 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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