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Retail
Shopping centers, malls, street retail, leasing velocity, and tenant mix trends.
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Somerset Shopping Plaza Sells For $14.5M After Bidding War
28+ min ago (275+ words) A fully occupied shopping plaza in Central Jersey has sold for $14.5 million following a competitive bidding process that drew more than 22 approved bidders, a commercial real estate firm announced. Veronica Plaza, a 33,608-square-foot retail center at Route 27 and Veronica Avenue…...
District 15Fifteen, Vermella Paramus add new retail tenants
2+ hour, 52+ min ago (430+ words) Explore the BridgeTower Media network. 35 publications across 4 industries. District 15Fifteen, Vermella Paramus add new retail tenants District 5Fifteen, which brings "town center" living to Parsippany in Morris County. - PROVIDED BY DISTRICT 15FIFTEEN Two North Jersey mixed-use communities are welcoming new retail tenants to…...
Kuiken Brothers Acquires Paramus Building Supply, Now Featuring 11 Locations in NJ & NY
2+ day, 4+ hour ago (1109+ words) If you want to see everything that is happening at Kuiken Brothers (events, featured products, internal happenings, etc), this is the place to take a look. See the Full Blog When we find a really cool product or unique installation…...
Phillips Edison & Company acquires Alafaya Square
6+ hour, 56+ min ago (247+ words) • JLL Capital Markets arranged the sale of Alafaya Square, a grocery-anchored retail center in Oviedo, Florida, within the Orlando metro area • Phillips Edison & Company acquired the recently renovated shopping center from a joint venture between MCB Real Estate and an…...
Nano-C Doubles Norwood Footprint With 37,262-Square-Foot Lease Off Route 1
9+ hour, 15+ min ago (256+ words) A nanotechnology materials company has more than doubled its footprint with a new lease at 79-85 Astor Ave. in Norwood, taking 37,262 square feet inside a manufacturing and flex building off Route 1. The tenant, Nano-C, develops and manufactures electronic materials and specialty…...
Worcester active adult community The Arbella at Bramble Hill opens its doors
5+ hour, 16+ min ago (247+ words) Today’s Top News: Inside Question 7, Massachusetts’ ‘starter home’ zoning initiative United Group held a grand opening at The Arbella at Bramble Hill. Individuals pictured: Michael DiGiacomo, Gabriella Uccellini, Alexander Schmidt, Mayor Jospeh Petty, Dave Garvin, Michael J. Uccellini, Eric Batista,…...
Restrictive Covenants in Alberta: What Property Owners and Developers Need to Know
5+ hour, 37+ min ago (390+ words) Restrictive Covenants have recently made headlines in Edmonton, raising questions on how property owners can control the use and development of land. From homeowners attempting to limit infill housing to grocery retailers restricting competition, these agreements are receiving renewed attention....
Retailers face tougher search for space as construction drops to 10-year low: JLL
1+ day, 7+ hour ago (536+ words) TORONTO — Store owners might be having a harder time finding rental properties as the amount of retail space under construction in major Canadian markets dropped to its lowest level in a decade. Retail construction starts amounted to 1.5 million square feet…...
Newmark Arranges $30 Million Sale of Trophy Retail Property in Downtown Chicago
9+ hour, 28+ min ago (109+ words) Shopping Center Business Newmark Arranges $30 Million Sale of Trophy Retail Property in Downtown Chicago Chicago — Newmark has arranged the $30 million sale of Block 37, a 277,654-square-foot trophy retail property located in downtown Chicago. Block 37 comprises five floors of retail space anchored…...
Vantage Commercial newest leasing brings Vineland shopping center to full occupancy
20+ hour, 41+ min ago (214+ words) 942 So. Delsea Drive in Vineland. - Vantage Commercial Vantage Commercial has completed its newest retail leasing at 942 So. Delsea Drive in Vineland, bringing the shopping center’s retail space to full occupancy with the addition of a salon suite concept. The newly…...