Shopping Center Business
WEB3 days ago · LeaseCon/TurnCon 2024. Student Housing Business and the InterFace Conference Group are pleased to announce the 6th annual LeaseCon/TurnCon conference will be held December 10th in Charlotte at the Hilton Charlotte Uptown.
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.
Development Team Begins Demolition Process for $850 Million …
WEB18 hours ago · 1. Phoenix — Developers Concord Wilshire Capital and TLG Investment Partners have begun the abatement and demolition of the Metrocenter Mall in Phoenix, beginning the $850 million redevelopment of the property into a mixed-use community.. The Metrocenter Mall opened its doors in 1973 and closed in 2020. The two-story, 140,000-square-foot mall is situated on 312 acres on the city’s ...
Gwinnett County Acquires 23-Acre Macy’s Site at Gwinnett Place …
WEB18 hours ago · 2. Duluth, Ga. — Gwinnett County’s Urban Redevelopment Agency has acquired Macy’s department and furniture stores totaling 293,059 square feet at Gwinnett Place Mall, a beleaguered regional shopping mall in the northeast Atlanta suburb of Duluth.With this 23-acre acquisition, the county — which initially purchased a 39-acre portion of the Gwinnett Place Mall site in 2021 — will own a ...
Features - Shopping Center Business
WEBAt the ICSC LAS VEGAS 2024 conference, Nelli Day of Retail Insight interviewed Monetha Cobb, chief marketing officer, and Greg Matus, senior vice president of investment sales, of Franklin Street, to discuss the prevailing challenges and future trends in the retail industry.
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.
Florida - Shopping Center Business
WEBSep 12, 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.
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 ...
Georgia - Shopping Center Business
WEBSep 11, 2024 · Austell, Ga. — Hendon Properties has acquired East West Shops, an 85,565-square-foot shopping center located in Austell, Georgia. Concorde Group Holdings sold the property for $15.2 million.
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.