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Top Shopping Center Business News
Starbucks · SeattleStarbucks is taking “significant action” to turn around its struggling business, closing a large number of cafés and announcing a second round of layoffs at its headquarters as part of CEO Brian Niccol’s efforts to resuscitate the troubled chain.See the Story
Starbucks to close stores, cut 900 jobs in $1B restructuring
68% Center coverage: 267 sources
Rocklin · RocklinROCKLIN, CALIF. — JLL Capital Markets, on behalf of Blue Coast Capital, has arranged a $27 million construction loan for Whitney Ranch Retail Center, a to-be-built, 52,200-square-foot neighborhood retail center in the Whitney Ranch community of Rocklin. The three-year construction loan was secured with U.S. Bank. Slated for completion in 2026, Whitney Ranch Retail Center will include 35,000 square feet of inline and standalone retail, as well as…See the Story
JLL Secures $27M Construction Loan for Retail Project in Rocklin, California
Lakewood, Colorado · LakewoodLAKEWOOD, COLO. — Conshohocken, Pa.-based CenterSquare has acquired North Bear Crossing, a 31,871-square-foot service retail property located in the Denver suburb of Lakewood. The center was 86 percent leased at the time of sale to tenants including Sports Clips, Domino’s Pizza, Kentucky Fried Chicken/A&W, Moe’s Original BBQ and F45 Training. North Bear Crossing marks CenterSquare’s 61st acquisition nationally. The post CenterSquare Acquires 31,…See the Story
