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Shopping Center Vacancies Unchanged in Second Quarter

2015-07-07 16:57:38| Grocery - Topix.net

A shopping center in Jacksonville, Fla., where Whole Foods Market will replace an Office Depot store in 2019, in a photo provided by landlord Equity One. Shopping-center vacancies held steady in the second quarter and average rents inched higher as retail landlords continued to benefit from a dearth of new construction, keeping competition for tenants to a minimum.

Tags: shopping center quarter unchanged

 

$19.9M shopping center sale leads top deals of May

2015-06-16 20:04:13| Grocery - Topix.net

The top 10 real estate sales in the greater Dayton region totaled $72.4 million in May. That's a significant bump up from April, when the top 10 sales totaled $49.7 million. Retail investing drove the majority of the activity, as retail real estate values have continued to rise in the Dayton region in the last few years.

Tags: top shopping center sale

 
 

Publix buys Hollywood shopping center from Stiles for $39M

2015-06-02 18:10:41| Grocery - Topix.net

An affiliate of Stiles Corp. sold the new West Lake Commons shopping center in Hollywood to Publix Super Markets , which is the anchor tenant. Westlake Commons LLC, an affiliate of Fort Lauderdale-based Stiles, sold the plaza at 1700 Sheridan Street for $39 million to Real Sub, a subsidiary of Publix.

Tags: shopping center hollywood buys

 

East Side shopping center sells for $21 million

2015-06-01 19:07:30| Grocery - Topix.net

A real estate investment company expanded its Greater Cincinnati portfolio with the acquisition of Eastgate Crossing shopping center for more than $21 million.

Tags: shopping center side east

 

Cerritos shopping center gets $5M makeover; Nordstorm Rack, Saks Off 5th on their way

2015-06-01 04:53:55| Furniture - Topix.net

CERRITOS >> The former Best Plaza shopping center is undergoing an extensive $45 million renovation that will add more than a dozen new tenants, including Nordstrom Rack , Saks Off 5th and T.J. Maxx, when it opens later this year as Plaza 183. The shopping center and property, across the street from the Los Cerritos Center , had various vacancies and a declining appearance for several years, but was purchased more than a year ago by Centralcal Properties , which also is adding a 24 Hour Fitness, Old Navy, Off Broadway Shoes and several restaurants: Blaze Pizza, Habit Burger, Luna Grill, Jersey Mike's, Pier 76 Fish Grill and Wokcano.

Tags: on their way shopping

 

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