property type: Retail

Chicago Business Journal Octave Holdings and Investments has paid $29 million, or $168.60/sf, for Randal Square, a 172,000-square-foot retail center in Geneva, Ill., a western suburb of Chicago. The Alpharetta, Ga., company acquired the property from Viking Partners, which bought ...

Houston Business Journal Trademark Property Co. is breaking ground this summer on a 206,000-square-foot shopping center in the Houston suburb of Cypress, Texas. The Fort Worth, Texas, developer is constructing the retail property within the 1,330-acre Dunham Pointe master-planned development near ...

Commercial Observer Yoshida & Co. has paid $33.5 million, or $5,403/sf, for the 6,200-square-foot retail building at 103 North Fourth St. in the Williamsburg section of Brooklyn, N.Y. The Japanese maker of bags and accessories acquired the one-story property from ...

Dallas Business Journal Younger Partners Investments has lined up $113.7 million of financing for its purchase of the 375,000-square-foot Presidio Junction retail portfolio in Fort Worth, Texas. An unidentified life insurance company provided the loan, which was arranged by Marcus & Millichap's ...

Federal Realty Investment Trust has paid $72.3 million, or $410.80/sf, for the 176,000-square-foot Congressional North Shopping Center in the Washington, D.C., suburb of Rockville, Md. The North Bethesda, Md., REIT acquired the property, at 1501-1519 Rockville Pike, from Cohen Siegel ...

The Real Deal 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 ...

The Chattanooga, Tenn., REIT, which filed for bankruptcy in 2021 and was able to eliminate $1.7 billion of debt and preferred equity through its restructuring, has stopped making payments against the three properties' mortgages, which have a total balance of ...

Orlando Business Journal Narcoossee Commercial LLC is offering for sale the 55,396-square-foot Narcoossee Commons shopping center in St. Cloud, Fla. The local real estate investor has tapped RIPCO Real Estate to market the retail property for sale. It's being offered ...

Commercial Real Estate Direct Staff Report LNR Partners, which early last year took title to the 27,541 square feet of retail space on the two bottom floors of the Atrium Condominiums in Manhattan's West Village, has sold the space for ...