Category : Retail

 A Red Robin restaurant has recently opened at the En Fuego retail development located on the Northwest corner of West Glendale and North 91st avenues in Glendale, Ariz., Walt Brown Jr., CEO and founder of Diversified Partners confirmed. The all-cash buyer deal was exclusively listed by Marti Weinstein and Emma Barreca. The transaction was completed...

 Basis Industrial, a privately held and vertically integrated real estate owner and operator based in Boca Raton, Florida, closed on/purchased the “Tampa Industrial Portfolio,” including Brandywine Business Center at 3801 Corporex Park Drive, Tampa, FL, 33619; Corporex Plaza at 3902 Corporex Park Drive, Tampa, 33619; and Presidents Plaza Business Center...

JLL’s Capital Markets group announced today that it has arranged $290 million in refinancing for Bergen Town Center, a one-million-square-foot shopping center anchored by Whole Foods and Target and located in Paramus, New Jersey. JLL exclusively represented the borrower, Urban Edge Properties, to secure the loan through New York Life Insurance Company and MetLife...

Continental Realty Corporation (“CRC”), a Baltimore-based real estate investment and management company with $3.5 billion of AUM, has announced the final closing of its Continental Realty Opportunistic Retail Fund I, LP (CRORF), a close-ended fund. Collectively, CRC raised $240 million in equity – $200 million in the Fund itself and...

 Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of The Shoppes at Jefferson Valley Mall, a 153,151-square-foot building in Yorktown Heights, New York. “Located in a Northern Westchester County trade area with a population of 85,000 and $123,000 median annual household income within five miles, the...

Urban Edge Properties (NYSE:UE) has announced a strong line-up of new and expanding tenants coming to Bergen Town Center (“BTC”), including beauty, retail and dining experiences. Additionally, J.Crew’s two concepts, J.Crew and J.Crew Men’s, will be moving within the center to a combined flagship space.  “These new additions validate our belief that BTC is the best-in-class retail destination in  northern New Jersey,” said Jeff Mooallem, EVP and COO for Urban Edge. “Positioned in between two of the busiest Whole Foods and Target stores in the...

Cushman & Wakefield announced today that the real estate services firm has arranged the sale of a 5,000-square-foot retail property located at 1 Main Street in East Hampton. The final sale price was $22,000,000. Cushman & Wakefield’s Jordan Sutton, Robert Shapiro, Dan Abbondandolo and Victor Little represented the sellers, Elie...

Federal Realty Investment Trust (NYSE: FRT) today announced that the first phase of residential is now 100% leased and move-ins have begun in the second building at Darien Commons. Currently, Solidcore, Choice Pet and OVME are now open with sweetgreen  expected to begin serving customers by the end of the month. New retail leases have been signed with Sur La Table, Hammer...

RFR and Waterfall Asset Management announced today that they acquired the 33,000-square-foot retail condominium portion of The Astor condominium building at 2139 – 2159 Broadway on New York’s Upper West Side in a joint venture. Situated in one of Manhattan’s most vibrant retail corridors, along Broadway between 72nd and 79th Streets, the...

 JLL Capital Markets announced today that it has closed the sale of Hauppauge Plaza, a 34,919-square-foot, community-focused retail center on Long Island in Hauppauge, New York. JLL represented the seller, Heidenberg Properties. Serota Properties acquired the asset. The 100-percent-leased Hauppauge Plaza is anchored by Dollar Tree. Additional tenants include Moe’s Southwest Grill, Duck...