What happened, and who moved.
HOUSTON – (Realty News Report) – Fifth Corner has kicked off the redevelopment of Village Corner, a midcentury retail center at 2400 Times Blvd. in the Village. Houston-based Fifth Corner acquired the property, which is located along Rice and Times Boulevards, just west of Morningside, last year. Michael Hsu…
Developer JTRE has announced that Tatra banka Group will relocate its headquarters to Pribinova 1, an eight-storey office building under development in the Eurovea City district of Bratislava. The building will offer more than 20,000 sqm of leasable office space and nearly 2,000 sqm of retail space, and is designed…
Developer JTRE has announced that Tatra banka Group will relocate its headquarters to Pribinova 1, an eight-storey office building under development in the Eurovea City district of Bratislava. The building will offer more than 20,000 sqm of leasable office space and nearly 2,000 sqm of retail space, and is designed…
JERSEY CITY, N.J. — CBRE has arranged a $109.5 million permanent loan for 425 Summit, a 27-story apartment building in Jersey City’s Journal Square neighborhood. Completed in 2024, 425 Summit houses 390 units in studio, one-, two- and three-bedroom floor plans, as well as ground-floor retail space. Matthew…
ANAHEIM, CALIF. — Newmark Pacific has arranged the $16.5 million sale of Link OC, a shopping center in Anaheim. An undisclosed seller sold the asset to Northpond Acquisition. Located at 1071, 1081 and 1095 N. Tustin Ave., Link OC features 26,385 square feet of necessity-based retail space. At the time of sale, the…
RALEIGH, N.C. — JLL has brokered the $36 million sale of Townridge Shopping Center, a 273,105-square-foot shopping center in Raleigh. Tom Kolarczyk, Michael Nieder and Brian Page of JLL represented the seller, Zeisler-Morgan Properties, in the transaction. Travis Anderson and Ward Smith, also with JLL, secured…
MANASSAS, VA. — Bethesda, Md.-based Finmarc Management Inc. has sold Festival at Manassas, a 117,675-square-foot shopping center in Northern Virginia, for $24.5 million. JCR Cos. purchased the grocery-anchored property, which is located at 10288-10388 Festival Lane in Manassas. Ryan Sciullo, Chris Munley, Colin…
CHULA VISTA, CALIF. — JLL Capital Markets has arranged the $30.4 million sale of Terra Nova Plaza, a retail center in the San Diego Bay city of Chula Vista. A global investment manager sold the asset to an undisclosed buyer. Located at 390 H St., Terra Nova Plaza features 96,114 square feet of fully occupied retail…
Redkom Development is preparing to begin construction of a retail park in Kalisz, on Aleja Wojska Polskiego. The project involves a comprehensive redevelopment of the former Tesco hypermarket site, a well-known shopping destination in this part of the city.
Redkom Development has launched construction work on a retail park on Al. Wojska Polskiego in Kalisz.
A little over a year since opening its doors for the first time, Stockroom has welcomed more than a million visitors and contributed to a 15% rise in footfall at the council-owned Merseyway Shopping Centre. The post IN FOCUS | Stockport’s solution to high street decline and improved council services appeared first…
Construction is due to begin before the year is out on a flagship, 26,200 sq ft M&S Food and two other 8,500 sq ft units at the retail park off Edge Lane. The post Liverpool Shopping Centre’s £8m final phase greenlit appeared first on Place North West .
NAI reports growing retail investment activity in Southern California amid a contracting development pipeline, with details on mixed-use and commercial transactions across the region.
For the first half of the year, CapitaLand Integrated Commercial Trust (CICT) saw gross revenue rising 7.5% y-o-y to $846.8 million while net property income increased by 8.7% to $630.5 million. This was driven by income contributions from CapitaSpring’s commercial component in Singapore and the Gallileo commercial…
Brixton Capital, a vertically integrated owner and operator of retail and multifamily properties, has secured a lease with La La Land Café to occupy the mezzanine terrace and café space at its upscale Del Mar Plaza retail destination. La La Land will occupy 1,168 square feet of interior space, with additional…
After the $6 billion Lincoln Yards megadevelopment failed to launch, at least one nearby property owner is cutting his losses. Longtime Chicago investor and founder of Belgravia Group, David “Buzz” Ruttenberg, sold a shopping center at 2070 North Clybourn Avenue for $18 million to Ohio-based real estate investment…
Friedman Real Estate announced the successful onboarding and transition of a 1.2 million-square-foot portfolio of retail, office, and industrial properties throughout Illinois during the first half of 2026. This includes 290,000 square feet on Michigan Avenue, as well as properties in suburbs like Highland Park,…
SRS Real Estate Partners completed the $14.95 million sale of a two-tenant retail property located at 540 Maple Avenue in Vienna, Virginia, about 15 miles from Washington, D.C. Built in 2019 and situated on 1.19 acres, this unique two-story property is fully occupied by Chick-fil-A on the ground floor with a…
Coastland Residential has nabbed a $84.5 million construction loan for a multifamily development near Tropical Park in southwest Miami-Dade County. The debt from PNC Bank covers the Vybe 75, which will house 366 apartments and 5,000 square feet of ground-floor retail space. The eight-story development at 4383…
A former Kroger location in Hedwig Village is being transformed into a Sprouts Farmers Market. The store is currently scheduled to open in 2027. The Houston Business Journal reports construction crews are renovating the 46,268-square-foot former Kroger space at 9325 Katy Freeway in the Echo Lane shopping center.…
PERTH AMBOY, N.J. — CBRE has arranged $18.4 million in financing for ≈, a 91,280-square-foot shopping center located in the Northern New Jersey community of Perth Amboy. A 60,665-square-foot ShopRite grocery store anchors the center, which was fully leased at the time of the loan closing to 15 tenants with a…
LAS VEGAS — Agora Realty has completed construction of Hylo Park South, a 90,750-square-foot grocery-anchored retail center located in North Las Vegas. The property will serve as the central gathering place for Hylo Park, a 73-acre master-planned community that is currently under development. Cardenas Markets…
GALLATIN, TENN. — JLL has brokered the sale of Newmans Crossing, a 63,987-square-foot retail center located at 1931 Long Hollow Pike in Gallatin, approximately 30 miles northeast of Nashville. Built in 2023, the fully leased property is anchored by a 48,387-square-foot Publix. Other tenants include Agaves Mexican…
LAS VEGAS — Agora Realty has completed the construction of Hylo Park South, a 90,750-square-foot grocery-anchored retail center located in North Las Vegas. The property will serve as the central gathering place for Hylo Park, a 73-acre master-planned community currently under development. The 11-acre center is 95…
KALAMAZOO, MICH. — SRS Real Estate Partners has brokered the $6.9 million sale of a single-tenant retail property located at 2103 Parkview Ave. in Kalamazoo. D&W Fresh Market, operated by a subsidiary of C&S Wholesale, occupies the 29,000-square-foot building. Originally built in 1955, the property is situated on…
Irvine-based Pacific Castle has purchased Fresno’s grocery-anchored Cedar Tree Village Shopping Center for $20.8 million, ending more than four decades of ownership by the family that first developed the property. Pacific Castle closed on the 118,417-square-foot retail center at 6670 North Cedar Avenue in July,…
Western Cape-focused real estate investment trust Spear REIT has concluded a long-term agreement with Mambos Storage & Home to develop the retailer’s flagship 7,150 m² distribution centre in Blackheath, Cape Town. Mambos has grown into one of South Africa’s leading retail and wholesale distributors of storage,…
Prado Group and Presidio Bay Ventures have terminated their agreement to acquire the shuttered San Francisco Centre Mall on Market Street, returning the 1.5 million square foot property to the market.
Prado Group and Presidio Bay Ventures have withdrawn from a deal to acquire the historic shuttered San Francisco Centre Mall, a 1.5M SF Market Street property.
Prado Group and Presidio Bay Ventures have withdrawn from a pending purchase of the shuttered San Francisco Centre Mall, a 1.5M SF Market Street property, returning it to the sales market as the city's retail vacancy declines to 5.6%.
Groupe Quint completed an acquisition of the Holt Renfrew building in Montreal, a significant commercial real estate transaction in the Canadian market.
A prominent retail property on Church Street is being marketed for sale following a multi-decade family ownership period.
Developer and investor Cbus Property has agreed to acquire half-stakes in a pair of Australian shopping centres from a Lendlease-managed fund for A$1.3 billion ($918.7 million), in a transaction that will empty the troubled vehicle of its remaining assets. The... Read More>> The post Cbus Property Buying Aussie…
The property was ordered into receivership last year for failing to repay loans in excess of $139 million
Austin real estate developer Nate Paul, whose fall from grace includes federal fraud convictions and political scandals in Texas, is facing a $45.6 million foreclosure lawsuit on the Calumet Center retail property in suburban Chicago. Miami-based special servicer Rialto Capital moved to file the complaint in Cook…
CBRE has arranged a 7,000‑square‑foot retail lease for Vietnamese beauty retailer Hasaki at Cudahy Plaza in Cudahy, marking the brand’s first U.S. store. Hai T. Dang with CBRE’s San Jose office represented the tenant. The landlord is Excel Realty Partners, LP. Cudahy Plaza, located at 7903–8017 South Atlantic…
Chicago-based firm Newport Capital Partners hired brokers to market the Ontario City Centre at 38-58 East Ontario Street for sale, a retail center anchored by a Trader Joe’s location as well as a 226-key AC Hotel. The eight-story building totals 320,879 square feet, and Newport has owned the building for two…
The Boulder Group, a net leased investment brokerage firm, completed the sale of a single tenant ground leased Fifth Third Bank property located at 2660 US Highway 34 in Oswego, Illinois for $3,855,000. The 4,273-square-foot Fifth Third Bank building sits on 1.26 acres along one of the most heavily trafficked…
Newmark has arranged the sale of the 51,795-square-foot retail condominium at 919 North Michigan Avenue along Chicago’s Magnificent Mile. The property is anchored by Louis Vuitton and features a collection of luxury retailers. Newmark Senior Managing Director Keely Polczynski and President of Retail Capital Markets…
Oxbow Development Group is planning on expanding the Pearl by 10 new retail focused buildings. The new structures are expected to add 85,000 square feet of retail property to the Pearl. Construction on the expansion is set to begin early next year, with the timeline expected to be fully completed by late 2028,…
Oxbow Development Group submitted plans to the city for 10 new retail buildings on either side of Avenue A. Along with completely new builds, the firm is seeking permission to demolish a vacant industrial building at 250 E. Grayson St.,. The new structures will add 85,000 square feet of space to the complex. The…
DBJ&L and MRK Partners are working with the town of Opa-Locka to redevelop its historic downtown. The plan includes thousands of residential units and 275,000 square feet of retail. The S. Florida Business Journal reports the city’s community redevelopment agency voted in favor of a resolution that authorizes…
HUNTINGTON STATION, N.Y. — Silver Arch Capital Partners, a New Jersey-based private lender, has provided $5.6 million in financing for a 16-unit apartment building in Huntington Station, located on Long Island. The building, the address of which was not disclosed, also includes two ground-floor retail spaces. The…
FLOWER MOUND, TEXAS — Marcus & Millichap has brokered the sale of Long Prairie Plaza, a 17,107-square-foot retail strip center in Flower Mound, located in the northern-central part of the metroplex. Built in 2022, the center was fully leased at the time of sale to tenants such as Active Dental, Teacupfuls, Fiore…
NATICK, MASS. — Locally based brokerage firm ABG Commercial Realty has negotiated the $7 million sale of a 24,448-square-foot office and retail building in the western Boston suburb of Natick. According to LoopNet Inc., the building at 801 Worcester St. was completed in 1985. Bernard Gibbons of ABG Commercial…
OLIVETTE, MO. — Texas Roadhouse will open at Olive Crossing in the St. Louis suburb of Olivette. Keeley Properties and KEAT Properties are developing Olive Crossing, a mixed-use project spanning 14.8 acres that is currently home to The Clover luxury apartments and a retail lineup including Aldi, Paris Baguette,…
Spanish homeware retailer Zara Home has signed a lease for a 15,854 sq ft flagship store at Dundrum Town shopping centre in Ireland.
Hammerson's financial results reflect the impact of a significant transaction involving Manchester Arndale Centre.
Henderson Park and Eurofund have withdrawn the Silverburn shopping centre from sale after appointing Cushman & Wakefield to market the asset.
NewRiver REIT reported £1.8m of annualised rent secured in the most recent quarter alongside a new acquisition.
Hammerson has completed acquisition of full ownership of the Bullring & Grand Central shopping centre.
A Pendle Council committee has rubber-stamped plans submitted by the retail heavyweight in conjunction with Monte Blackburn to develop a site close to the Boundary Mill designer outlet. The post All-clear for Colne’s M&S Foodhall appeared first on Place North West .
A retail property in Encinitas, California sold for $43 million.
A struggling regional mall property in the Kennesaw market has been returned to its lender, signaling continued distress in enclosed shopping center assets.
Aberdeen Standard Investments acquired a £70 million retail park property for its UK real estate fund.
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A proposed redevelopment near Opa-locka City Hall could bring housing, retail, hospitality, education and community services to six publicly owned parcels, marking a major investment in the city’s downtown core. The overall development has been valued at approximately $532 million.
Qatari Diar has begun the first phase of a major $29.7 billion luxury real estate development project in Egypt.
Qatari Diar has announced the launch of Phase I of its landmark Alam Al Roum mixed-use development on Egypt's North Coast, with first handover scheduled for 2030.
Reem Mall in Abu Dhabi has engaged TGP International to oversee its food and beverage tenant strategy and operations.