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Top Shopping Center Business News

Kroger says it will close 60 stores across the U.S. over the next 18 months
Kroger · United States

Kroger says it will close 60 stores across the U.S. over the next 18 months

77% Center coverage: 192 sources
Kroger said it plans to close 60 of its supermarkets across the U.S. over the next 18 months.The planned store closures represent about 5% of the Cincinnati-based company's 1,239 Kroger-branded grocery stores across 16 states. The grocery retailer did not specify which store locations it plans to cease operating, and told CBS MoneyWatch that it will not be releasing a list of the affected stores.See the Story
Grocery Retailer SpartanNash to Be Sold for $1.77B: 6 Takeaways About the Deal
Inflation · United States

Grocery Retailer SpartanNash to Be Sold for $1.77B: 6 Takeaways About the Deal

90% Center coverage: 10 sources
C&S Wholesale Grocers will pay a 52.5% premium for the Michigan-based grocery chain that operates stores under brands including D&W Fresh Market and Family Fare.See the Story
FalconEye Ventures Acquires 755,000-Square-Foot Mixed-Use Development in Metro Phoenix, Plans $100 Million Capital Improvements
Scottsdale, Arizona · Scottsdale

FalconEye Ventures Acquires 755,000-Square-Foot Mixed-Use Development in Metro Phoenix, Plans $100 Million Capital Improvements

Scottsdale, Ariz. — FalconEye Ventures has acquired Scottsdale Quarter, a 755,000-square-foot mixed-use development located in Scottsdale, roughly 13 miles outside Phoenix. As part of the acquisition, FalconEye plans to implement a… The post FalconEye Ventures Acquires 755,000-Square-Foot Mixed-Use Development in Metro Phoenix, Plans $100 Million Capital Improvements appeared first on Shopping Center Business.Read Article

Legacy Realty Arranges Sale of 66,004-Square-Foot Shopping Center in Metro Myrtle Beach

Conway, S.C. — Legacy Realty Group Advisors LLC has arranged the sale of University Shoppes, a 66,004-square-foot shopping center located in Conway, approximately 15 miles outside Myrtle Beach. Situated near… The post Legacy Realty Arranges Sale of 66,004-Square-Foot Shopping Center in Metro Myrtle Beach appeared first on Shopping Center Business.Conway, South Carolina · ConwayRead Article

Progressive Real Estate Signs Leases with Five Tenants at Bixby Hacienda Plaza in Los Angeles

Los Angeles — Progressive Real Estate Partners has signed leases with five tenants at Bixby Hacienda Plaza, a 135,000-square-foot retail center located in the Los Angeles suburb of Hacienda Heights. PG… The post Progressive Real Estate Signs Leases with Five Tenants at Bixby Hacienda Plaza in Los Angeles appeared first on Shopping Center Business.Los Angeles, California · Los AngelesRead Article

Stiles, FCA Partners Complete Redevelopment of 200,144-Square-Foot Retail Center in Metro Fort Lauderdale

Pompano Beach, Fla. — A partnership between Stiles and FCA Partners has completed the redevelopment of Shopper’s Haven, a 200,144-square-foot retail center in Pompano Beach, roughly 10 miles north of Ft.… The post Stiles, FCA Partners Complete Redevelopment of 200,144-Square-Foot Retail Center in Metro Fort Lauderdale appeared first on Shopping Center Business.Pompano Beach · Pompano BeachRead Article

Falcon Commons Plaza in Austintown Sold for $1.58M

AUSTINTOWN, Ohio – An entity based in Kentucky has purchased the Falcon Commons Plaza at 4774 Mahoning Ave. for $1.58 million, records from the Mahoning County Auditor’s office show. Gabi H LLC, which lists a Nicholasville, Ky., address, bought the plaza from Falcon Commons LLC on June 25. Falcon Commons acquired the property in April […] The post Falcon Commons Plaza in Austintown Sold for $1.58M appeared first on Business Journal Daily | The Y…Austintown · AustintownSee the Story

Pinstack grows in the eatertainment space

The Dallas-based company plans its first two-story unit in VirginiaVirginia, United States · VirginiaSee the Story

Suncadia To Open $18 Million Retail Village in Cle Elum, Washington

Cle Elum, Wash. — Suncadia will open a new retail village and community hub in the 6,400-acre master-planned community of Suncadia in Cle Elum. Dubbed Suncadia Social, the $18 million… The post Suncadia To Open $18 Million Retail Village in Cle Elum, Washington  appeared first on Shopping Center Business.Cle Elum · Cle ElumRead Article

WS Development, Barings Acquire 200,000-Square-Foot Shopping Center in Grand Rapids, Michigan

Grand Rapids, Mich. — Massachusetts-based WS Development and Barings, a subsidiary of MassMutual, have acquired Breton Village, a 200,000-square-foot shopping center located in Grand Rapids. Originally built in the 1960s and… The post WS Development, Barings Acquire 200,000-Square-Foot Shopping Center in Grand Rapids, Michigan appeared first on Shopping Center Business.Grand Rapids, Michigan · Grand RapidsRead Article

Ziff Real Estate Buys Marston Park Plaza in Metro Denver for $17.9 Million

Littleton, Colo. — Ziff Real Estate Partners has purchased Marston Park Plaza, a 101,500-square-foot shopping center located roughly 10 miles outside Denver, for $17.9 million. Situated in Littleton at the intersection… The post Ziff Real Estate Buys Marston Park Plaza in Metro Denver for $17.9 Million appeared first on Shopping Center Business.Littleton, Colorado · LittletonRead Article

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