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.
CHARLOTTE-The home improvement chain is shooting for a summer 2002 opening at Midtown Square, according to industry sources, but the developer hasn't yet purchased the 26-acre site or bought out the leases of existing tenants at the shopping center.
VANCOUVER, WA-The Southern California-based specialty grocery chain has secured 10,000 sf at the Interstate 205-Mill Plain Boulevard interchange and plans to open up shop in the first quarter of 2001.
WEST PALM BEACH, FL-The developers are expecting an 11% return on their $250 million investment, according to published reports. If they achieve that, it would rank the venture among the top 10% to 15% in profitability for shopping centers in the country, say industry sources.
ORANGE COUNTY, CA-Citing the high cost of tapping the public markets for debt, Health Care Property Investors completes a secured debt transaction instead to get better loan terms.