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GRANBY, CO-A 50,000-sf to 60,000-sf King Soopers or City Market will be the next addition to this $450-million residential community boasting an 18-hole golf course, an on-mountain Alpine Club, marina and beach club.
DETROIT-In addition to 10 restaurants opening on East Coast, the Columbus, OH-based Damon's Grill plans an equal number in the state, primarily on the eastern half, as part of its push to reach 300 stores.
BOSTON-Dock Square Garage, a six-story, 698-space parking structure located in the heart of Faneuil Hall Marketplace, one of the city's most popular tourist attractions, secures $35 million in financing. The property also includes 15,641 sf of retail space.
SANTA ROSA, CA-Four years after Charles Schultz decides to build a museum and research center, the idea is reality. The $8 million facility opened its doors this weekend.
PORTLAND-An article this week in Oregon's major daily newspaper says rumors are circulating that the 1.2-million-sf mall is being sold. The regional mall's owner, not quoted in the article, tells GlobeSt.com it's "not marketing the property.
ONTARIO, CA-Encompassing 35,000 sf, the retail complex is located at 2529 Euclid St. It was 95% occupied at the time of sale, with tenants including McDonald's and Del Taco.
ORLANDO-The Oak Brook, IL-based REIT has acquired its 30th Florida retail property and ninth in Orlando with the $11.41 million acquisition of the three-year-old, 78,625-sf asset previously owned by CAP Orlando Ltd. and Centennial American Properties LLC at the northeast corner of Good Homes Road and West Colonial Drive in west Orlando.
LAKESIDE, CA-CP Investments Inc. acquires Lakeside Plaza, a shopping center anchored by a Vons grocery store. The property, which is 95% leased, sells for $2.2 million.
ORLANDO-In the last 14 months, Jim Michalak, senior director in the brokerage's Tampa office, has closed 13 shopping center deals totaling 1.66 million sf valued at $128.4 million and averaging $9.88 million per deal. Cap rates are down and power centers are back in demand, Michalak says.
ORLANDO-Called The Loop, the 33-acre project will mirror the developer's 500,000-sf, $85 million venture in suburban Boston that was developed at about $170 per sf. The project inflates Central Florida's retail inventory to over 47 million sf.