The 236,603-square-foot Frederick Shopping Center in Frederick, Md., roughly 50 miles from both Washington, D.C., and Baltimore, has been sold for $55.5 million, or nearly $235/sf. The property was constructed in 1957 at 1305 West Seventh St., next to the ...
Brixmor Property Group has acquired the 72,184‑square‑foot Vintage Marketplace shopping center in Houston. Rocky Point Park Corp. had owned the retail property at 10133 Louetta Road since 2017, according to Harris Central Appraisal District records. JLL Capital Markets brokered the ...
The 122,167-square-foot Beacon retail property in the San Diego suburb of Carlsbad, Calif., has changed hands for $91.3 million, or $747.34/sf. Asana Partners of Charlotte, N.C., sold the 44-year-old property to 11North Partners. The New York investment operation was formed ...
The 14-building property was built in 2004 on a 35-acre parcel at 3201 Levis Commons Blvd., near the interchange between interstates 475 and 75, and the Maumee River in the northwestern part of Ohio, some 70 miles south of Detroit. ...
A venture of Mazaheri Properties and Champion Hotels has paid $82.25 million, or $197.43/sf, for University Town Center, a 416,766‑square‑foot retail property in Norman, Okla. The venture purchased the shopping center from Rainier Cos. of Dallas in a deal brokered ...
Winslow Bay Commons is 97% leased and shadow-anchored by a 174,000-sf SuperTarget. Other tenants include Dick's Sporting Goods, Ross Dress for Less, T.J.Maxx, and HomeGoods. The property is encumbered by a $25.8 million mortgage that's securitized through Wells Fargo Commercial ...
Plaza at Normandy, a 58,691-square-foot retail property in Jacksonville, Fla., has changed hands for $20.69 million, or $352.44/sf. The two-year-old property sits on 16 acres at 11341 Normandy Blvd. and is anchored by a Publix grocery store, which occupies 46,791 ...
Atlanta Business Chronicle Sterling Organization has paid $93.2 million, or $342.66/sf, for Merchants Walk, a 271,992-square-foot retail property in Marietta, Ga. The West Palm Beach, Fla., investor acquired the shopping center through its Sterling Value Add Partners IV fund. Edens ...
The number of enclosed shopping malls peppering the American landscape has shrunk by roughly one-third over the past 24 years. What remains is bookended by solid performers and weaklings that'll probably get redeveloped. CMBS holds nearly $7 billion of problem ...
Commercial Real Estate Direct Staff Report Namdar Realty Group has acquired the distressed $91.81 million mortgage against the 1.47 million-square-foot Gateway Center office complex in downtown Pittsburgh. The loan was one of two remaining in the collateral pool for JPMorgan ...
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