Retail

0m ago•schedule1 min read•Source: REBusinessOnline

Federal Realty Acquires Shopping Center in Rockville, Maryland for $72.3M

ROCKVILLE, MD. — Federal Realty Investment Trust, a retail REIT based in North Bethesda, Md., has acquired Congressional North Shopping Center, a 176,000-square-foot shopping center in Rockville, for

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13th Floor, Rockpoint Heading Up Boca Raton Apartment, Retail Venture

13th Floor Investments and Rockpoint broke ground on Link at Boca, a new mixed-use multifamily community in Boca Raton, Florida. The joint venture secured a $100 million construction loan from Santand

Marcus & Millichap Brokers Sale of 61,982 SF Shopping Center in Northwest Houston

HOUSTON — Marcus & Millichap has brokered the sale of Huntwick Village, a 61,982-square-foot shopping center in northwest Houston. Built in 1980, the center is home to tenants such as Krazy Seafood, J

Riken Vitamin Co. Signs 12,653 SF Lease at Flex Development in Plano, Texas

PLANO, TEXAS — Riken Vitamin Co. has signed a 12,653-square-foot lease in Plano. The Japanese producer of food additives and vitamins is relocating from California to R&D at Legacy, a 374,275-square-f

Jamestown, NY Life Developing Massive Alpharetta Entertainment District

Jamestown and New York Life are working together on plans for an entertainment destination at the old North Point Mall, anchored by a 20,000-seat hockey arena. Regarding the hockey arena, the develope

Northmarq Negotiates Sale of 66,682 SF Grocery Store in Worcester, Massachusetts

WORCESTER, MASS. — Northmarq has negotiated the sale of a 66,682-square-foot grocery store in the Central Massachusetts city of Worcester. The Worcester Business Journal reports that the sales price w

0m ago•schedule1 min•Commercial Observer

Nuveen Raises $330M to Acquire Grocery-Anchored Retail Across the U.S.

Nuveen Real Estate has raised a sizable sum from Australian sources to acquire grocery store properties across the U.S. The investment arm of the Teachers Insurance and Annuity Association of America-

BREAKING NEWS: Producer Prices Jump 0.7% in February as Inflation Pressures Reaccelerate

The Producer Price Index for final demand increased 0.7% month-over-month, following gains of 0.5% in January and 0.4% in December, according to the Bureau of Labor Statistics. On a year-over-year bas

Longtime 60 Madison Avenue Tenant Renews Lease with Moinian Group

The Moinian Group signed a 10-year, 10,000-square-foot lease renewal with Berkshire Blanket & Home Co. at 60 Madison Ave. in Midtown South. Coinciding with the renewal, Collected Strategies, a leading

Graceada Acquires Fresno Small-Bay Portfolio with Upside Potential

Newmark arranged the sale of Shaw Commerce Center, a premier shallow-bay industrial portfolio located at 4603 N Brawley Ave and 4055-4069 W Shaw Ave in Fresno. Executive managing director Andrew Brine

Marcus & Millichap Brokers Sale of Missouri CVS Property

Marcus & Millichap has arranged the sale of a net-leased CVS Pharmacy property located in O’Fallon, Missouri, for $2.975 million. “Regardless of broad changes at the corporate level for retail pharmac

Gale Associates Leads Rehab of Maine’s Historic Stone Building

Gale Associates, Inc., a consulting engineering firm specializing in building enclosure consulting and historic preservation, is leading the multi-phase stabilization and preservation of The Stone Bui

Warby Parker to Open 14th Virginia Store at Virginia Gateway

National eyewear brand Warby Parker is set to open its 14th Virginia location at the Virginia Gateway shopping center in Gainesville. Virginia Gateway is an approximately 660,000-square-foot regionall

Bell Textron Advancing $632M Fort Worth Aircraft Parts Factory

Aerospace and defense giant Bell Textron Inc. plans to begin construction of its planned $632 million aircraft parts factory at AllianceTexas in north Fort Worth in April. The project could create 1,0

0m ago•schedule1 min•Commercial Observer

Meta Signs 15K-SF Retail Lease at Vornado’s 697 Fifth Avenue

Meta has leased out an entire five-story townhouse in Midtown to hock its wearables. The parent company of Facebook and Instagram signed a 10-year, 15,000-square-foot lease at Vornado Realty Trust’s 6

Lee & Associates Brokers $2.3M Sale of 7,770 SF Multi-Tenant Industrial Building in Norwalk, California

NORWALK, CALIF. — Lee & Associates has arranged the sale of a multi-tenant industrial building located at 13820 Shoemaker Ave. in Norwalk. Parsons sold the property to Rosecrans Associates, an investm