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Grossman and Summit Development To Develop Chappaqua Crossing on Former Reader’s Digest Headquarters

Chappaqua, N.Y. — Quincy, Massachusetts-based The Grossman Companies and Southport, Connecticut-based Summit Development are developing Chappaqua Crossing, a 120,000-square-foot high-end retail development on the site of the former Reader’s Digest Headquarters at 480 Bedford Road in Westchester County, New York.

…

  • May 16, 2017
  • Published in New York, News

Crescent Breaks Ground on Whole Foods-Anchored Development in Uptown Charlotte

Charlotte, N.C. — Crescent Communities has broken ground on a transit-oriented development at Lynx Light Rail’s Stonewall Station that will be anchored by Uptown Charlotte’s first Whole Foods Market.

…

  • January 7, 2016
  • Published in Development, News, North Carolina

CBRE Arranges $78 Million in Acquisition and Development Financing for Kennesaw Marketplace

Kennesaw, Ga. — CBRE Capital Markets’ Debt and Structured Finance team has arranged $78 million in acquisition and construction financing for Kennesaw Marketplace, a 288,000-square-foot shopping center located in Kennesaw.

…

  • June 18, 2015
  • Published in Finance, Georgia, News

New York Life Provides $120 Million Loan for Port Chester Shopping Center

Port Chester, N.Y. — New York Life Real Estate Investors has provided the joint venture of Depa USA and AVR Realty a 15-year, $120 million mortgage loan for Port Chester Shopping Center. 

…

  • June 12, 2015
  • Published in Finance, New York, News

Rouse Properties Buys Fig Garden Village in California for $106 Million

Fresno, Calif. — Rouse Properties has acquired Fig Garden Village, a 301,459-square-foot lifestyle center in Fresno, for $106.1 million.

…

  • June 5, 2015
  • Published in California, News

Faris Lee Brokers $46.1 Million Sale of Whole Foods-Anchored Center in Kentucky

St. Matthews, Ky. — Faris Lee Investments has brokered the $46.1 million sale of Bluegrass Manor Shopping Center, a Whole Foods-anchored shopping center in St. Matthews, a suburb of Louisville.

…

  • April 30, 2015
  • Published in Faris Lee Investments, Investment sales, Kentucky, News

Construction Begins on Hamilton Crossings Shopping Center

Lower Macungie Township, Pa. — The Goldenberg Group and TCH Development have begun construction of the Hamilton Crossings Shopping Center in Lower Macungie Township. 

…

  • April 3, 2015
  • Published in News

Donahue Schriber Finances West Coast Shopping Center Purchases with $118.5 Million Loan

Berkeley, Calif. — Prudential Mortgage Capital Co. has provided Donahue Schriber Realty Group with $118.5 million in financing to acquire four grocery-anchored shopping centers in California and Washington.

…

  • March 27, 2015
  • Published in California, Finance, News

GRI Investors Buys Casas Adobes Plaza in Tucson for $46M

Tucson, Ariz. — The seller was Casas Adobes Plaza LLC.

…

  • February 27, 2015
  • Published in Arizona, Investment sales, News

The Provident Bank Arranges $55 Million Loan for Development of New Shopping Center in Clark, New Jersey

Clark, N.J. — Executed leases lined up for 100 percent of the center include anchor tenants of Whole Foods and HomeGoods.

…

  • February 23, 2015
  • Published in New Jersey, 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

  • Newmark Brokers Sales of Two Retail Properties in Washington Totaling 124,660 Square Feet
  • Red Mountain Group Purchases Portfolio of Former Big Lots Stores for $47.5 Million
  • Marcus & Millichap Arranges Sale of 40,448-Square-Foot Retail Center in Eastern Tennessee
  • SVN | J. Beard Arranges Sale of 3,600-Square-Foot Retail Property in Metro Houston
  • Pier 57 Unveils 15-Vendor Lineup for Market 57 Food Hall in New York City

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