Shopping Center Business
WEB2 days ago · GIANT to Open 50,000-Square-Foot Store at Andorra Shopping Center in Philadelphia.
News - Shopping Center Business
WEBNeuman Arranges $6.4 Million Sale of Shopping Center in Metro Baltimore. Middle River, Md. — Neuman Commercial Group has arranged the $6.4 million sale of Hawthorne Plaza, a shopping center located in Middle River, roughly 10 miles outside downtown Baltimore. Originally developed in 1960, the property totals 69,582 square feet.
The Athlete’s Foot Opens Flagship Store in Midtown Atlanta
WEB1 day ago · September 18, 2024. Atlanta — Shoe and sports apparel retailer The Athlete’s Foot, which operates 400 stores in 24 countries, has opened a flagship store in Midtown Atlanta. Located along the Atlanta BeltLine adjacent to Piedmont Park, the new space also features a community center component that will serve as “cultural hub” for ...
CRC Acquires 630,000-Square-Foot Shopping Center in Metro Salt …
WEB1 day ago · 1. Taylorsville, Utah — Continental Realty Corp. (CRC) has acquired The Crossroads of Taylorsville, a 630,000-square-foot shopping center located in Taylorville, roughly 12 miles south of Salt Lake City.TriGate Capital was the seller. Target, T.J. Maxx, HomeGoods, Ross Dress for Less, EOS Fitness, Regal Cinema and PetSmart anchor the property, which was 94 percent leased at the time of sale.
Anything But Mid - Shopping Center Business
WEBAnything But Mid. August 16, 2024. Brokers, owners and developers active in the Mid-Atlantic’s retail sector describe a market buoyed by a strong consumer base, though the landscape varies somewhat across urban and suburban areas. Even as the Mid-Atlantic contends with higher interest rates and a drop in daytime traffic within urban centers ...
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 ...
Operations – Shopping Center Business
WEBNo matter the economic climate, the formula for creating value in properties will always be a retail property owner’s best friend. That’s why Broad Reach Retail Partners uses a multi-faceted approach that includes data-driven key performance indicators (KPIs) to drive their plans of action, strategic redevelopment and ongoing budget updates that optimize net operating income (NOI).
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.
Development - Shopping Center Business
WEBSep 11, 2024 · Naperville, Ill. — Brixmor Property Group (NYSE: BRX) has begun a $53 million redevelopment and reconfiguration of Westridge Court, a shopping center located in the Chicago suburb of Naperville. Plans call for the addition of a new restaurant and entertainment district, to be branded Block 59. The 91,000-square-foot …
JLL Arranges Sale of 74,653-Square-Foot Shopping Center in Dallas
WEB1 day ago · 1. Dallas — JLL Capital Markets has arranged the sale of Skillman Live Oak, a 74,653-square-foot shopping center located in the Lakewood neighborhood of Dallas.Asana Partners acquired the property from BGO for an undisclosed price. The center was 77 percent leased at the time of sale. Erin Lazarus, Adam Howells, Megan Babovec and Ben Pollack of JLL represented the seller in the transaction.