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Office Depot Terminates Merger Agreement with Staples

Boca Raton, Fla. — The merger agreement between Staples Inc. (NASDAQ: SPLS) and Office Depot Inc. (NASDAQ: ODP) has been terminated. As a result, Office Depot will receive a cash payment from Staples of $250 million on May 19, 2016.

…

  • May 18, 2016
  • Published in Company news, News, Operations

Mission Capital Arranges $14.3 Million in Financing for Ohio and Texas Shopping Centers

Cuyahoga Falls, Ohio and Austin, Texas — The Shoppes at Chapel Hill is an 85,229-square-foot shopping center located in Cuyahoga Falls, serving all of the northern Akron and southeast Cleveland suburbs.

…

  • December 18, 2014
  • Published in Finance, News, Ohio, Texas

Cohen Commercial Completes Refinancing of Alabama and Kentucky Properties

Birmingham, Ala. and Crescent Springs, Ky. – The two centers were refinanced for a combined total of $25.1 million.

…

  • September 16, 2014
  • Published in Alabama, Finance, Kentucky, News

CBRE Arranges Sale of Turnpike Plaza for $27 Million

Nashua, N.H. – Whole Foods Market has signed a 20-year lease to anchor the center and will open this summer.

…

  • July 25, 2014
  • Published in New Hampshire, News

HFF Brokers $101 Million Sale of Grocery-Anchored Center in Central Pa.

Altoona, Pa. – According to HFF, Logan Town Centre is the dominant shopping center within a 45-mile radius.

…

  • July 8, 2014
  • Published in News, Pennsylvania

NorthMarq Secures $17 Million for Refinancing of Massachusetts Shopping Center

Chelmsford, Mass. – The transaction was structured with a 10-year term and a 25-year amortization schedule.

…

  • May 23, 2014
  • Published in Massachusetts, News

MOD Super Fast Pizza to Open at Village at Newbury Park in Los Angeles

Thousand Oaks, Calif. – The chain’s first Ventura County location will be 2,825 square feet.

…

  • April 22, 2014
  • Published in California, News

Viking Partners Acquires Chesterfield Village Square

Chesterfield Township, Mich. — Viking plans to add value to the property and sell it once it is stabilized.

…

  • May 30, 2013
  • Published in News

Shops at Arbor Trails Receives $33 Million in Refinancing

Austin, Texas — Whole Foods Market anchors the fully occupied center.

…

  • January 22, 2013
  • Published in News

Third Quarter Vacancies Decrease Despite Rising Rents

New York — The average vacancy rate is down 0.2 percent from the previous quarter.

…

  • October 11, 2012
  • Published in News
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

  • 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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