David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
Randal Square, at 1460 South Randall Road, is 96% occupied with a 30,000-sf Marshalls anchoring it. Other tenants include a 25,000-sf Nordstrom Rack, an 18,000-sf PetSmart, and a 13,000-sf Uncharted.
The property is fully occupied by a Bank of America branch. The building also has 12,400 sf of air rights.
An unidentified life insurance company provided the loan, which was arranged by Marcus & Millichap's Institutional Property Advisors unit. Younger, a Dallas real estate firm, bought the portfolio from Weber & Co., also of Dallas. The purchase price was not immediately ...
The North Bethesda, Md., REIT acquired the property, at 1501-1519 Rockville Pike, from Cohen Siegel Investors of Rockville. The property is 90% occupied and anchored by an Aldi grocery store, which is in 32,749 sf under a lease that runs ...
Cedars-Sinai has paid $270 million, or $807.06/sf, for the Beverly Connection, a 334,566-square-foot shopping center in Los Angeles. The local healthcare company acquired the retail property, at 100 North La Cienega Blvd., from Ashkenazy Acquisition Corp., which bought it in ...
South Florida Business Journal A venture of Falcone Group, Rok Acquisitions, Davis Cos., and Jamestown has bought the 300,000 square feet of retail, dining, and entertainment space at the Miami Worldcenter mixed-use complex for $210 million, or $700/sf. Miami Beach, ...
Orlando Business Journal An affiliate of Agree Realty Corp. has paid $24.1 million, or $205.80/sf, for the 117,103-square-foot retail building occupied by BJ’s Wholesale Club in Kissimmee, Fla. The Farmington Hills, Mich., REIT purchased the property from a company that ...
South Florida Business Journal RK Centers has paid $37.5 million, or $416.40/sf, for the Turtle Crossing shopping center in Coral Springs, Fla. The Sunny Isles Beach, Fla., company purchased the 90,057-square-foot retail property from Crow Holdings of Dallas, which had ...
Commercial Real Estate Direct Staff Report The $287.72 million CMBS loan against the Bridgewater Commons shopping mall in northern New Jersey has been paid down to $238.88 million, facilitating its extension through November. The loan, with an original balance of ...
While the overwhelming majority of CMBS shopping mall loans are performing, 59 loans with a balance of $4.27 billion, or just more than 8% of the total mall balance, are delinquent, according to the TreppCRE platform.
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