property type: Retail

A venture between Praedium Group, Centennial Real Estate Corp., and Westmount Realty Capital has paid $29.5 million for Dallas-area retail portfolios totaling 383,494 square feet. The venture picked up four former Albertsons grocery stores, which total 238,247 sf in Plano, ...

Pennsylvania Real Estate Investment Trust has lined up $150 million of financing for the Mall at Prince Georges, an 836,000-square-foot retail property in Hyattsville, Md.The Philadelphia REIT received the financing from Wells Fargo Bank. It carries an interest rate of ...

Portland Business Journal Pine Tree Institutional Realty, a Northbrook, Ill., firm, paid $60 million for Hazel Dell Town Center, a 400,000-square-foot shopping center in Vancouver, Ore. Kimco Developers Inc. of Los Angeles sold the property, which is leased to Kohl's, ...

A venture between CIP Real Estate and an investment fund sponsored by Alex. Brown Realty Inc. has sold the Northridge Promenade, a 90,344-square-foot retail center in Northridge, Calif., for $22 million.The venture, represented by the Palmer Team, sold the property ...

A venture between CIP Real Estate and an investment fund sponsored by Alex. Brown Realty Inc. has sold the Northridge Promenade, a 90,344-square-foot retail center in Northridge, Calif., for $22 million.The venture, represented by the Palmer Team, sold the property ...

Sacramento BeeA Santa Barbara, Calif., group has acquired 143,000 square feet of the Yuba City Marketplace in Yuba City, Calif., for $37 million. The group, Casa Dorinda and Casa Miravista Apartments LP, acquired the space in the retail facility on ...

Prudential Real Estate Investors has formed a venture with Pacific Castle of Irvine, Calif., that will make $500 million of investments in the retail sector. It will target neighborhood and power centers in ethnic neighborhoods in western states.

Cincinnati EnquirerDevelopment is under way for the Newport Pavilion Shopping Center, a 450,000-square-foot retail complex in Cincinnati. The $100 million project is expected to be ready some time in 2008. The property is being built in the former Cote Brilliante ...

Sacramento BeeA Santa Barbara, Calif., group has acquired 143,000 square feet of the Yuba City Marketplace in Yuba City, Calif., for $37 million. The group, Casa Dorinda and Casa Miravista Apartments LP, acquired the space in the retail facility on ...

Prudential Real Estate Investors has formed a venture with Pacific Castle of Irvine, Calif., that will make $500 million of investments in the retail sector. It will target neighborhood and power centers in ethnic neighborhoods in western states.