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
property type: Retail
Nuveen Buys Grocery-Anchored Retail Center in Margate, Fla., for $46.3Mln
South Florida Business Journal An affiliate of Nuveen Real Estate has bought Coral Landings III, a 172,526‑square‑foot shopping center in Margate, Fla., for $46.3 million, or $268.37/sf. The Chicago company purchased the retail property from Sterling Organization of West Palm ...
Beal Bank Lends $176Mln Against 4 CBL-Owned Retail Properties
Commercial Real Estate Direct Staff Report Beal Bank has provided $176 million of non-recourse mortgage financing against four retail properties owned by CBL & Associates Properties Inc., allowing the Chattanooga, Tenn., REIT to completely refinance what had been a $634 ...
Rego Park I retail property
Northwell Health Inc. has agreed to pay $235.5 million, or $696.74/sf, for the vacant 338,000-square-foot Rego Park I retail property in Queens, N.Y. The healthcare company, the largest in New York State, is buying the property from Alexander's Inc. of ...
Baybrook Village
The sales price was not immediately known, but the property was appraised in January 2025 at a value of $47 million, according to the Harris Central Appraisal District.
Cap Rates for Net-Leased Properties Decline for First Time in 15 Quarters
Commercial Real Estate Direct Staff Report The weighted average capitalization rate for net-leased properties has declined for the first time in 15 consecutive quarters, according to the Boulder Group. The overall cap rate for properties offered for sale in the ...
93,000-SF Retail Center in Chicago Sells for $27Mln
Crain's Chicago Business Nuveen has paid $27 million, or $290.32/unit, for Elston Plaza, a 93,000-square-foot retail center in Chicago. The New York investment manager acquired the property, at 3570 North Elston Ave., from DWS Group, which bought it in 2018 ...
Piedmont Capital Buys Retail Center Near Charlotte, N.C., for $24.5Mln
Charlotte Business Journal An affiliate of Piedmont Capital has purchased The Shops at Franklin Square, a 134,239-square-foot shopping center in Gastonia, N.C., for $24.5 million, or $182.51/sf. The Charlotte investor acquired the retail property from an affiliate of Medalist Diversified ...
Empire State Realty Pays $46Mln for Commercial Space in Brooklyn, N.Y.
Commercial Observer Empire State Realty Trust Inc. has paid $46 million, or $2,149/sf, for the 21,400 square feet of commercial space at 127 Kent Ave. in the Williamsburg section of Brooklyn, N.Y. The New York REIT acquired the space from ...
Grocery Anchored Retail Property in Brevard County, Fla., Sells for $46Mln
Orlando Business Journal An affiliate of Nuveen Real Estate has bought the Crossings at Viera, a 190,000-square-foot shopping center in Rockledge, Fla., for $46 million, or $242.11/sf. The New York company purchased the property from SJC Ventures of Atlanta. Crossings ...
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