Retail
Interserve, Tiger Developments JV to Build $300M M-U Project in Edinburgh
Britain’s Interserve Plc has signed a joint venture deal with Scottish landowner Tiger Developments to construct and invest in the Haymarket area of Edinburgh. …
Jamestown Acquires Retail/Office Portfolio in Downtown San Luis Obispo, Calif.
Jamestown has acquired more than 200,000 square feet of retail and office space in downtown San Luis Obispo, Calif., from Copeland Properties.…
Fidelis Realty Buys Grocery-Anchored Center in Houston
A busy city has to eat, right? In yet another sign that Houston is surging upward again, Fidelis Realty Partners has purchased Willowchase Shopping Center, a 273,200-square-foot property anchored by a 92,800-square-foot Fiesta Market supermarket.…
Phillips Edison–ARC Acquires Three-Property Portfolio
Phillips Edison-ARC Shopping Center REIT Inc. continues what appears to be a bit of a buying binge with the acquisition of a three-state, three-property portfolio of shopping centers totaling 276,000 square feet. …
Vestar, UBS Global Pay $87M for LA Retail Center
Vestar, in a JV with a UBS Global Asset Management fund, has acquired Peninsula Center, a 300,000-square-foot retail center in Los Angeles County, from Principal Real Estate Investors for $87 million in an all-cash transaction. …
$10B Development Project in Ghana to Feature Tallest Building in Africa
One of the most ambitious development initiatives on the African continent, Hope City Development, recently held a sod cutting ceremony, in the presence of a number of state officials and business partners of the massive project.…
Moritz Gruppe Designs Sports-Themed M-U Project
Developer Moritz Gruppe has come up with a new vision for a large sports-themed mixed-use project. Based on a design by well-known architectural firm LAVA, THE SQUARE3 will focus on three elements: life, nature and sport.…
Real Estate Expo Special Report: Knakal Terms NYC Sales Market “Phenomenal”
Robert Knakal, chairman of Massey Knakal Realty, said the New York City commercial property investment sales market is currently red hot, but warned that sustained periods of low interest rates typically lead to real estate bubbles.…
Ramco-Gershenson Buys Clarion Partners’ Stake in 12 Shopping Centers
In a $256.8 million deal, Ramco-Gershenson will gain sole ownership of a dozen assets in Florida and Michigan currently held in joint venture with Clarion Partners. …
Manulife Acquires New Retail Property in Western Canada
Manulife Real Estate has purchased the Aldergrove Village Shopping Centre in Greater Vancouver's Langley Township of British Columbia.…
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