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Top Shopping Center Business News

Vestar Selected by Nuveen Real Estate to Manage Newly Acquired Southern California Retail Portfolio
Shopping · California

Vestar Selected by Nuveen Real Estate to Manage Newly Acquired Southern California Retail Portfolio

100% Center coverage: 6 sources
The longstanding retail experts will oversee management for five grocery-anchored shopping and lifestyle destinationsSee the Story
Del Taco to make Louisville debut
Louisville, Kentucky · Louisville

Del Taco to make Louisville debut

Del Taco is expanding its footprint by entering a key Southern city.See the Story
Marcus & Millichap Brokers Sale of 135,049 SF Shopping Center in Palm Bay, Florida
Palm Bay · Palm Bay

Marcus & Millichap Brokers Sale of 135,049 SF Shopping Center in Palm Bay, Florida

PALM BAY, FLA. — Marcus & Millichap has brokered the sale of Palm Bay Center, a 135,049-square-foot shopping center located on 12.3 acres at 4707 Babcock St. NE in Palm Bay, a coastal Florida city in Brevard County. The center’s anchor, Publix, has operated at its store since 1978 and has recently extended its lease through 2030. The buyer has agreed to construct a brand-new store for Publix as part of the transaction. Tarek Chbeir of Marcus & M…See the Story

Colliers Arranges $63.5M Sale of Posner Commons Shopping Center in Davenport, Florida

DAVENPORT, FLA. — Colliers has arranged the $63.5 million sale of Posner Commons, a 731,000-square-foot regional shopping center located in Davenport, roughly 25 miles southwest of Orlando. Brad Peterson, Whitaker Leonhardt and Eric AmRhein of Colliers represented the seller, PREP Property Group, in the transaction. BayBridge Real Estate Capital arranged acquisition financing on behalf of the buyer, Orion Real Estate Group. Target and a newly co…Davenport, Florida · DavenportSee the Story

Five New Tenants to Join The Mall at Rockingham Park in Metro Boston

Salem, N.H. — Five new tenants have signed leases to join The Mall at Rockingham Park, a 1 million-square-foot regional shopping center located in Salem, roughly 30 miles north of… The post Five New Tenants to Join The Mall at Rockingham Park in Metro Boston appeared first on Shopping Center Business.Salem, New Hampshire · SalemRead Article

JLL Secures Financing for 44,494-Square-Foot Retail Center in Killeen, Texas

Killeen, Texas — JLL Capital Markets has secured financing for the acquisition of West Killeen Market, a 44,494-square-foot retail center located in Killeen. Built in 2017, the property is 74… The post JLL Secures Financing for 44,494-Square-Foot Retail Center in Killeen, Texas appeared first on Shopping Center Business.Killeen · KilleenRead Article

Five Star Parks to Open 137,000-Square-Foot Indoor Theme Park in Dallas-Fort Worth Metro

North Richland Hills, Texas — Five Star Parks will open Malibu Jack’s North Richland Hills, a 137,000-square-foot indoor theme park located in the Fort Worth suburb of North Richland Hills. The… The post Five Star Parks to Open 137,000-Square-Foot Indoor Theme Park in Dallas-Fort Worth Metro appeared first on Shopping Center Business.North Richland Hills · North Richland HillsRead Article

SRS Real Estate Arranges Sale of 14,966-Square-Foot Retail Property in Frisco, Texas

Frisco, Texas — SRS Real Estate Partners has arranged the sale of Independence Plaza, a 14,966-square-foot multi-tenant retail center located in Frisco. Built in 2018, the property was fully leased… The post SRS Real Estate Arranges Sale of 14,966-Square-Foot Retail Property in Frisco, Texas appeared first on Shopping Center Business.Frisco, Texas · FriscoRead Article

Developers Unveil Plans for Large Mixed-Use Project on Tavares Farm

100% Center coverage: 1 sources
The plans, which have yet to be submitted to the city, include just shy of 2,100 homes, around 566k square feet of commercial space, divided into four phases.Houston, Texas · HoustonSee the Story

Frankford Library Unveils $5.5 Million Renovation that Took More than Two Years to Complete

100% Left coverage: 1 sources
A grand opening ceremony was held for Frankford Library's reopening on Thursday, unveiling a $5.5 million renovation. Funding shortfalls and contractual delays caused setbacks, leading to the project taking more than two years to complete.United States · United StatesSee the Story

JLL Arranges Sale of 53,553-Square-Foot Retail Center in Frisco, Texas

Frisco, Texas — JLL Capital Markets has arranged the sale of Preston Stonebrook, a 53,553-square-foot retail center located in Frisco. Built in 1997, the property was 93 percent leased at… The post JLL Arranges Sale of 53,553-Square-Foot Retail Center in Frisco, Texas appeared first on Shopping Center Business.Frisco, Texas · FriscoRead Article

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