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Shopping centers news – page 4
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Related Signs First Tenants At Madison Avenue Tower: The N.Y. Deal SheetGeneral Atlantic joins as anchor tenant at Plaza District office.
Investor General Atlantic to Anchor Related’s 625 Madison Avenue in 150K-SF DealRelated Companies just nabbed an anchor tenant for its under-construction office tower at 625 Madison Avenue in Manhattan’s Plaza District, the developer announced Tuesday.
Representative imageSTRIVE Arranges Sale of 11,397 SF Retail Strip Center in Oklahoma CityOKLAHOMA CITY — Dallas-based brokerage firm STRIVE has arranged the sale of Quail Springs Shoppes, an 11,397-square-foot retail strip center in Oklahoma City. Tenants include CNS Jewelry & Watch Repair and Sit Still Kids Salon.
JBL Hopes to Convert Deerfield Beach Retail Center into 736 ApartmentsJBL is pursuing a plan to redevelop a Deerfield Beach shopping center, converting it into apartments and some retail. The town is considering JBL’s plan to rezone a 13-acre parcel on S. Federal Highway. The S.
Cooper Commercial Investment Group Arranges Sale of Retail Property in CincinnatiCINCINNATI — The Cooper Commercial Investment Group has arranged the sale of Spring Hill Center, a multi-tenant retail property located in Cincinnati. Dan Cooper of the Cooper Commercial Investment Group represented the seller, an Ohio-based investment group, in the transaction.
Savills Expands Manhattan Presence with New Lease at 560 LexingtonGlobal real estate advisory firm Savills has signed a lease with Rudin at 560 Lexington Avenue, a 22-story office tower in the Plaza District. In a five-year agreement, Savills will occupy 20,481 square feet across 560 Lexington’s entire third floor.
Representative imagePrudent Growth Partners Purchases 25,400 SF Retail Center in Ashland, OhioASHLAND, OHIO — Prudent Growth Partners has purchased Amberwood Plaza, a 25,400-square-foot neighborhood retail center located in the north-central Ohio city of Ashland, for $3.5 million.
JLL Arranges Sale of Open-Air Retail Center in Land O’ Lakes, FloridaLAND O’ LAKES, FLA. — JLL has arranged the sale of The Hub at Bexley, an open-air retail center located at 16954 Focus Loop in Land O’Lakes, about 20 miles north of Tampa.
Gray Street Partners Offloads 179K-SF San Antonio Retail CenterThe Palomar Group, a full-service commercial investment sales firm headquartered in Augusta, Georgia, announced the sale of Gateway Plaza, a 179,327-square- foot retail center located in San Antonio, Texas.
Representative imageMarcus & Millichap Brokers Sale of 25,113 SF Retail Center in Seabrook, TexasSEABROOK, TEXAS — Marcus & Millichap has brokered the sale of a 25,113-square-foot retail center in Seabrook, about 30 miles southeast of Houston. Seabrook Shopping Center sits on a 1.5-acre site at 2100 E. NASA Parkway.
Fully Leased Temecula Retail Sells in 1031 ExchangeProgressive Real Estate Partners SVP Greg Bedell represented a private Los Angeles-based investor in the acquisition of an 8,781-square-foot multi-tenant retail building located at 32435 Temecula Pkwy. within Vail Ranch Plaza for $6,555,555.
City of Alpharetta Approves North Point Mall Rezoning for Planned Hockey-Anchored Mixed-Use VillageALPHARETTA, GA. — The Alpharetta City Council has approved the rezoning of North Point Mall, a shuttered 1.3 million-square-foot shopping mall that originally opened in 1993.
Representative imageDisney Investment Group Negotiates Sale of 167,000 SF Shopping Center in Mesquite, TexasMESQUITE, TEXAS — Local brokerage firm Disney Investment Group has negotiated the sale of Towne Crossing, a 167,000-square-foot shopping center in Mesquite, an eastern suburb of Dallas.
Representative imageJLL Arranges $73.5M Loan for Refinancing of Retail Power Center in McCandless, PennsylvaniaMCCANDLESS, PA. — JLL has arranged a $73.5 million loan for the refinancing of a 387,771-square-foot retail power center in McCandless, a northern suburb of Pittsburgh. McCandless Crossing was 99 percent leased at the time of the loan closing, with Lowe’s Home Improvement, T.J.
Burnham-Ward Properties Buys Retail Center in Tustin, California, Plans Mixed-Use RedevelopmentTUSTIN, CALIF. — Burnham-Ward Properties has purchased Enderle Center, a retail center in the Orange County city of Tustin.
Representative imageColliers Brokers $11.3M Sale of Kellogg Square Retail Center in Santa Barbara, CaliforniaSANTA BARBARA, CALIF. — Colliers has brokered the $11.3 million sale of Kellogg Square, a neighborhood retail center located at 5555-5585 Hollister Ave. in Santa Barbara. AJR Capital Group sold the property to an undisclosed buyer.
Representative imageMarcus & Millichap Brokers Sale of 26,494 SF Mixed-Use Building in East DallasDALLAS — Marcus & Millichap has brokered the sale of a 26,494-square-foot mixed-use building in East Dallas. The site at 2700 Live Oak St. was originally constructed in 1923 as a bottling plant for beverage company 7Up and now houses an apartment building and retail center.
Representative imageAtlantic Capital Partners Negotiates $8M Sale of Shopping Center in Milford, MassachusettsMILFORD, MASS. — Regional brokerage firm Atlantic Capital Partners (ACP) has negotiated the $8 million sale of Milford Square, a 50,326-square-foot shopping center located about 40 miles southwest of Boston.
Representative imageCircle Realty Secures 38K SF of New Leases at 14 Penn PlazaCircle Realty Group has closed on 37,600 square feet of new leases in Midtown, Commercial Observer has learned.
Demolition Underway On Hawthorne PlazaHawthorne Plaza, once a popular filming location, is being torn down due to nuisance property status.