property type: Retail

Commercial Observer Minamoto Kitchen has paid $45 million, or $2,500/sf, for the 18,000-square-foot Childs Building in Manhattan. The Japanese confectionary retail chain bought the property from the Riese Organization. Compass and Adirondack Capital Partners brokered the deal. The six-story building, ...

South Florida Business Journal A company managed by Sam Szteinbaum of Los Altos, Calif., has paid $10 million, or $300/sf, for 30,000 square feet of retail space at 1575 West 29th St. in Hialeah, Fla. A joint venture of Coral ...

Commercial Observer Odiljon Tursunov, the owner of the Tashkent Supermarket grocery-store chain, has paid $18 million, or $500/sf, for the mostly vacant retail building at 1769 86th St. in Brooklyn, N.Y. Tursunov bought the 36,000-square-foot property from Allied Properties in ...

Commercial Real Estate Direct Staff Report Kroll Bond Rating Agency has downgraded six principal-paying and two interest-only classes of GS Mortgage Securities Trust, 2014-GC18, because of the losses it expects certain collateral loans to suffer. The downgraded classes include the ...

The $85 million loan against the 304,772-square-foot EpiCentre mixed-use property in Charlotte, N.C., was transferred to special servicer CWCapital Asset Management recently due to imminent default. CIM Group, the property's owner, failed to make the March payment for the loan ...

South Florida Business Journal Last Mile Investments has paid $18.5 million, or about $425.43/sf, for Pennock Square, a 43,485-square-foot retail property in Jupiter Fla. The Cincinnati real estate investor bought the property, at 901 West Indiantown Road, from Elion Partners ...

The Real Deal Grid Properties has sued Buffalo Wild Wings, claiming the restaurant chain owes nearly $800,000 in unpaid rent at 300 West 125th St. in Manhattan. The New York real estate investor also is seeking $7.7 million for the ...

Kimco Realty Corp., among the country's largest owners of grocery-anchored retail centers, has agreed to acquire Weingarten Realty Investors in a transaction valued at $3.9 billion, plus the assumption of $1.8 billion of debt. The resulting company would own 559 ...

South Florida Business Journal A fund managed by Continental Realty Corp. has paid $11.3 million, or about $195.16/sf, for the Shoppes at Sherbrooke shopping center in Lake Worth Beach, Fla. DRA Advisors of New York sold the 57,901-square-foot retail property, ...

Dallas Morning News Tabani Group has bought McKinney Marketplace, a 118,967-square-foot retail property in suburban Dallas. The seller and purchase price were not disclosed. McKinney Marketplace, at 3001 South Central Expressway in McKinney, Texas, is more than 96 percent leased ...