property type: Retail

Commercial Real Estate Direct Staff Report Argentic Real Estate Finance has provided $67 million of senior financing against the Westroads Mall in Omaha, Neb. The loan, along with a $12 million mezzanine loan funded by Principal Life Insurance Co., helped ...

The $483.53 million CMBS loan against the Destiny USA shopping mall in Syracuse, N.Y., is being offered for sale. Potentially complicating the offering is the $256.98 million of bonds issued under a PILOT program that also encumber the property and ...

Federal Realty Investment Trust has sold the 113,173-square-foot Barcroft Plaza retail property in the Washington, D.C., suburb of Falls Church, Va., for $58.03 million, or $512.71/sf. The North Bethesda, Md., REIT sold the 66-year-old property, at 6345 Columbia Pike, to 11North ...

Disney Investment Group arranged the $82.25 million, or $197.35/sf, sale of the 416,766-square-foot University Town Center in Norman, Okla. As reported, the 19-year-old property, at 1400 24th Ave. NW, was purchased by a venture led by Mazaheri Properties of Oklahoma City ...

Atlanta Business Chronicle An affiliate of Heitman Capital Management has paid $73.3 million, or $449.69/sf, for the 163,000-square-foot retail component of the Madison Yards mixed-use development in Atlanta. The Chicago company acquired the property from CTO Realty Growth Inc., a ...

Brookfield Property Partners' GGP operation is facing challenges at three shopping malls that back $402.16 million of CMBS debt.

Orlando Business Journal Waterstone Properties has paid $78.5 million, or $197.73/sf, for Hammock Landing, a 397,000-square-foot retail center in West Melbourne, Fla., about 30 miles south of Cape Canaveral, Fla. The Needham, Mass., company purchased the property from a venture ...

Atlanta Business Chronicle A venture of Coro Realty Advisors and Connolly has purchased the 121,000-square-foot Chastain Market in Atlanta for $71 million, or $586.78/sf. The locally-based venture purchased the retail property from Kite Realty Group, an Indianapolis REIT that had ...

The proposed $13.1 million sale of the Valley West Mall in West Des Moines, Iowa, to the city has fallen apart. The enclosed shopping mall has been under the oversight of a court-appointed receiver since 2022. It backs a $37.42 ...

South Florida Business Journal Interface Properties has paid $40 million, or $211.08/sf, for Fountains Center, a 189,542-square-foot office and retail property in Boca Raton, Fla. The local company purchased the seven-building complex from a company managed by Titan General Partners ...