Shopping Center Business
WEB1 day ago · Westwood Financial Purchases 83,787-Square-Foot Paradise Hills Shopping Center in Phoenix.
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.
Webinar: Market Outlook — Insights on Retail, Consumers, REITs, …
WEB1 day ago · 11. The Sept. 27 Shopping Center Business webinar “Market Outlook — Insights on Retail, Consumers, REITs, NNN & Shopping Centers” covered the state of the retail industry, focusing on consumer behavior and the financial health of retailers. Be sure to tune in to the 6-minute mark of this webinar for a clear-eyed, informative breakdown of key retail trends from moderator Dana Telsey of ...
Retail Experts Employ Creative Solutions in Tight Property Market
WEB3 days ago · Retail Experts Employ Creative Solutions in Tight Property Market. High occupancy rates and prohibitive development costs continue to challenge expansion-minded retailers. Only 4.5 percent of total retail space in the U.S. was available for lease at the end of August, according to CoStar Group. That represents a …
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 ...
Longpoint Purchases Two Retail Centers for $45.7 Million
WEB1 day ago · Houston and Pompano Beach, Fla. — Longpoint Partners has purchased two shopping centers for a total of $45.7 million. The properties — Plaza Mexico in Houston and Palm Aire Marketplace in Pompano Beach, Florida — comprise 103,907 and 143,219 square feet, respectively. El Rancho anchors Plaza Mexico, which was 96 …
Sterling Acquires $180.5 Million Shopping Center Portfolio
WEB3 days ago · September 30, 2024. West Palm Beach, Fla. — The West Palm Beach-based Sterling Organization has acquired a portfolio of three shopping centers for $180.5 million. The portfolio was purchased on behalf of the value add fund investment vehicle Sterling Value Add Partners IV L.P. ,and SITE Centers was the seller.
KPR Centers Acquires Retail Center in Denver for $56.5 Million
WEB8 hours ago · October 3, 2024. Denver — KPR Centers has acquired University Hills, a retail center located in Denver, for $56.5 million. Supermarket chain King Soopers anchors the property, which totals 210,000 square feet. Other tenants at the center include Michaels, Marshalls, Office Depot, PetSmart, Five Below, Ulta Beauty and Starbucks Coffee.
Industry Content – Shopping Center Business
WEBJul 25, 2024 · No 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).
Webinar – Shopping Center Business
WEBFeb 29, 2024 · On October 15 Ancillary Retail hosted a webinar titled “Driving Income Through Specialty Leasing and Ancillary Revenue.” Webinar panelists shared how important it is to quickly shift strategy, not just in relation to COVID-19, but everywhere that customers and retailers are already adapting to omnichannel shopping.