Premier Retail commercial real estate news, analysis, trends and information including shopping centers, malls, strip centers, big boxes, mixed-use, grocery, neighborhood and high-street segments deals and players.
CHICAGO—The enthusiasm shown by attendees to ICSC's annual conference here has been growing every year, and now it may have matched the events held before the recession.
HFF worked on behalf of the borrower, Oxford Development Company, to place the 10-year, fixed-rate loan with Goldman Sachs. HFF will service the securitized loan, proceeds of which were used to primarily pay off a maturing loan.
RANCHO SANTA MARGARITA, CA—Plaza El Paseo, a 107,000-square-foot shopping center here, has sold to Plaza El Paseo Center LLC for $56.6 million thanks to a financing strategy devised by Faris Lee, GlobeSt.com learns <b>EXCLUSIVELY</b>.
STAMFORD, CT—“We are done listening to excuses from the Taubman family for the company's undervaluation and inferior operating performance,” Land and Buildings' Jonathan Litt writes in a letter to Taubman Centers' independent directors.
CHICAGO—The developer has helped transform several of Chicago's industrial neighborhoods into trendy office centers, and plans to go national with projects in Portland, Miami and Nashville.
SAN DIEGO—Food-price decline means yet another squeeze on profit margins for grocers already facing price wars from increased competition and pressure for lower prices from discount grocers and new entrants, CBRE's Anthony Buono tells GlobeSt.com <b>EXCLUSIVELY</b>.