Shopping Center Business
WEB2 days ago · Westwood Financial Purchases 83,787-Square-Foot Paradise Hills Shopping Center in Phoenix.
News – Shopping Center Business
WEBKeizer, Ore. — Hanley Investment Group Real Estate Advisors has brokered the $13 million sale of Keizer Village Shopping Center in Keizer, roughly 45 miles southwest of Portland. Physiq Fitness and The Thrift Store anchor the property, which totals 76,785 square feet. The center, which was built in 1962 and renovated in 2004, was 99 percent ...
Retailers – Shopping Center Business
WEBLocated in Southern California’s Inland Empire, Moreno Valley has emerged as a significant growth center and a friendly home to retail. As highlighted by Melissa McClain, head of marketing & business attraction for the city, the area’s robust development is driven by substantial job creation and strategic planning.
Company news – Shopping Center Business
WEBAlbuquerque, N.M. — Restaurant chain Marco’s Pizza has signed a nine-unit development agreement in New Mexico. Franchisees Chris and Kristian Ornelas will own and operate the restaurants, with the first new units scheduled to open in Albuquerque and Rio Rancho before the end of the first quarter of 2025.
From The Magazine – Shopping Center Business
WEBJul 1, 2024 · The U.S. retail market is currently on a long stretch of rock-solid performance at the property level. The national vacancy rate is at a healthy 4.1 percent, according to first-quarter 2024 research from CoStar Group. This comes one quarter after a stellar 4 percent vacancy rate at year-end 2023. What’s more is net store openings are on pace ...
Tennessee – Shopping Center Business
WEBAug 28, 2024 · Cordova, Tenn. — The Shopping Center Group (TSCG) has brokered the sale of Market at Cordova Shopping Center, a 98,466-square-foot retail center located in Cordova, roughly 20 miles east of Memphis.
Florida – Shopping Center Business
WEBSep 19, 2024 · PGIM Sells Grocery-Anchored Shopping Center Portfolio in Florida for $223.9 Million. Newark, N.J. — New Jersey-based PGIM Real Estate has sold a portfolio of seven grocery-anchored shopping centers in Florida. An undisclosed buyer purchased the portfolio, which comprises a total of 608,314 square feet of retail space, for $223.9 million.
Illinois – Shopping Center Business
WEBSep 12, 2024 · Schaumburg, Ill. — CBRE has arranged the sale of Woodfield Village Green, a 420,740-square-foot shopping center located in Schaumburg, roughly 30 miles outside Chicago.
Massachusetts – Shopping Center Business
WEBSep 19, 2024 · Newmark Brokers $20.1 Million Sale of Retail Center in Cambridge, Massachusetts. Cambridge, Mass. — Newmark has brokered the $20.1 million sale of Porter Square Galleria, a retail center located in Cambridge. A 28,893-square-foot Target anchors the property, which totals 55,610 square feet and was 96 …
Colorado – Shopping Center Business
WEBSep 3, 2024 · Fort Collins, Colo. — Cushman & Wakefield has negotiated the $7.3 million sale of a single-tenant property located in Fort Collins. Built in 1966 and most recently renovated in 2018, the building is occupied by Lucky’s Market.