Retail - Midwest
Cities
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OH Retail Development Receives $19M Construction Financing
The three-year, interest-only loan secured by Berkadia represents 73 percent loan-to-cost and was closed with 50 percent of the retail space pre-leased.
28 March 2019 12:11 -
Berengaria, Africk Family Purchase MO Retail Center
The Shoppes at North Village in St. Joseph marks the third asset the two groups bought together. The retail center is shadow-anchored by Target, Wal-Mart, Sam’s Club and Home Depot.
27 March 2019 13:16 -
Mid-America Real Estate Brokers MN Retail Deal
Principal Mark Robinson represented the former owner of Lexington Shoppes in the $3.1 million transaction. Coldwell Banker worked on behalf of the buyer.
20 March 2019 10:17 -
Brixmor Property Group Sells MI Retail Asset
Mid-America Real Estate’s Principals Rick Drogosz and Ben Wineman brokered the transaction of Green Acres Plaza, a Kroger-anchored shopping center in Saginaw, Mich.
18 March 2019 18:20 -
RPT Realty Sells 2 WI Shopping Centers for $69M
The firm sold The Shoppes at Fox River in Waukesha and East Town Plaza in Madison. Proceeds will go towards funding the firm's value creation initiatives and reducing leverage.
15 March 2019 13:19 -
Marcus & Millichap Brokers $9.1M Sale of Chicago Retail Asset
The 27,780-square-foot property, which is located in one of the highest barriers to entry submarkets in the city, underwent complete renovation in 2007.
14 March 2019 18:11 -
Hanley Investment, Greenstone Partners Arrange IL Retail Center Sale
The brokers worked on behalf of both parties. South Weber Plaza encompasses 28,600 square feet, spread across a 6-acre site in the Chicago area.
06 March 2019 07:43 -
JV Acquires WI Shopping Center
Lamar Cos. and Real Capital Solutions have purchased the 216,785-square-foot East Town Plaza in Madison, which was 83 percent leased at the time of sale.
26 February 2019 12:10 -
Upgrades in Store for Nashville-Area Lifestyle Center
U.S. Properties Group will transform the 250,000-square-foot property’s central plaza. RDL Architects designed the makeover.
06 February 2019 12:58 -
MN Retail Center Lands Financing
The borrower will use the three-year, floating-rate loan secured by HFF to redevelop the 137,000-square-foot retail center, which is anchored by Cub Foods.
04 February 2019 18:12 -
MetLife Acquires Nashville Shopping Village for $93M
Branch Properties and co-developer Crosland Southeast built the One Bellevue Place retail and entertainment complex on the former site of a mall, 10 minutes from the city’s downtown.
30 January 2019 12:46 -
SRS Real Estate Partners Brokers KY Retail Center Sale
Crestwood Crossing, a roughly 19,000-square-foot retail asset in Crestwood, changed hands for $3.5 million. An Ohio-based buyer purchased the asset from a local developer.
17 January 2019 08:32 -
Viking Partners Sells Metro Detroit Power Center
Cooper Commercial Investment Group negotiated the transaction of Chesterfield Village. Tenants at the 156,000-square-foot retail asset in Macomb County, Mich., include Target, Panera Bread and Applebee’s.
03 January 2019 12:47 -
Thor Equities Sells Retail Space in Downtown Chicago
The buyer, Jenel Management Corp., paid $26 million for the two-story shopping center which is currently leased to Verizon, T-Mobile and Blick Art Materials.
19 December 2018 16:27 -
Mission Capital Arranges $13M Loan for Chicago Retail Asset
The owner, an affiliate of the Sterling Organization, will use the financing to recapitalize the vacant property, which is part of the Magnificent Mile.
16 November 2018 11:33