Advancing the business of Commercial Real Estate

Archive for the Category ‘Retail’

Milwaukee’s Inland Cos. Joins Colliers Brand

Milwaukee’s Inland Cos. Joins Colliers Brand

The brokerage and property-management divisions of the Inland Cos., based in Milwaukee, are the latest addition to Colliers International’s roster of affiliates.

Lululemon Sets Record PSF Price for Chicago Retail Store

Lululemon Sets Record PSF Price for Chicago Retail Store

The 2,930-square-foot single-tenant building at 930 N. Rush in Chicago, occupied by Lululemon Athletica, sold to Acadia Realty Trust for $20.5 million, or $7,000 per square foot — in a transaction that marks the highest price per square foot for a retail trade in Windy City history.

KBS REIT Picks Up 175 KSF Office Building in Nashville Suburb

KBS REIT Picks Up 175 KSF Office Building in Nashville Suburb

KBS REIT III has just purchased the 175,262-square-foot The McEwen Building in Franklin, Tenn., 15 miles south of Nashville, from Denver-based Amstar for $40 million.

Ascena Retail Group to Acquire Charming Shoppes for $890M

Ascena Retail Group to Acquire Charming Shoppes for $890M

In what can only be described as a plus-size deal, Ascena Retail Group has entered into a definitive agreement to acquire Charming Shoppes in an $890 million, all-cash transaction that will include 1,832 retail stores nationwide.

One WTC Milestone Offers Window on Ground Zero Progress

One WTC Milestone Offers Window on Ground Zero Progress

Fanfare aside, the building’s new stature as Manhattan’s tallest provides an opportunity to take stock of the world’s most closely watched redevelopment site.

Exclusive: JLL Launches Real-Time PortfolioCommand Offering

Exclusive: JLL Launches Real-Time PortfolioCommand Offering

Jones Lang LaSalle Inc. now has a new weapon in its arsenal: its new PortfolioCommand offering, to be launched today.

In $100M Transaction, Kane Realty Sells N.C. Multi-Family Complex, Refis Retail Portion

In $100M Transaction, Kane Realty Sells N.C. Multi-Family Complex, Refis Retail Portion

In an intricate, multi-faceted transaction valued at $100 million, Kane Realty has sold a segment of its Park & Market mixed-use residential property in the North Hills district of Raleigh, N.C., and recapitalized another.

Beck Ventures Plans $2B Transformation for 1.7 MSF Dallas Mall

Beck Ventures Plans $2B Transformation for 1.7 MSF Dallas Mall

The 39-year-old Valley View Center, a mall located on 1.65 million square feet of property in North Dallas, will be transformed into Dallas Midtown, a mixed-use lifestyle project, as part of a $2 billion redevelopment project planned by its new owners.

NYC’s 530 Fifth Gets Upgrade, Shows Retail Demand Continues to Expand

NYC’s 530 Fifth Gets Upgrade, Shows Retail Demand Continues to Expand

The new owners of 530 Fifth Ave. in Manhattan are targeting fashion tenants as they upgrade and reconfigure the building’s retail spaces — and are riding the crest of a wave that shows the world-famous corridor is once again seeing rising rents for the sector.

Taubman Announces Construction of $315M, 880 KSF Mall in Sarasota

Taubman Announces Construction of $315M, 880 KSF Mall in Sarasota

Taubman Centers, in conjunction with Benderson Development, will begin construction on the 880,000-square-foot Mall at University Town Center in Sarasota. The retail complex, which will cost an estimated $315 million, will feature Saks Fifth Avenue, Macy’s and Dillard’s among its approximately 115 stores.

ADVERTISEMENT