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ARCP Buys Red Lobster Properties in $1.5 Billion Sale-Leaseback Deal

New York – Approximately 93.5 percent of the portfolio's leases will be structured with a 25-year initial term; another 6.5 percent will have a weighted average 18.7-year initial term.

Read more... Monday, 19 May 2014 15:26
R.J. Brunelli Appointed Tenant Rep for New Jersey Franchises

Old Bridge, N.J. – The firm will assist the companies and their franchisees with site selection in multiple markets.

Read more... Monday, 19 May 2014 20:09
Faris Lee Brokers $11.5 Million Receivership Sale of Las Vegas Shopping Center

Las Vegas – Spring Valley Town Center was 92 percent occupied at the close of escrow.

Read more... Monday, 19 May 2014 20:22
Westfield Unveils Design Plans for The Village at Westfield Topanga

Los Angeles – The Village and Westfield Topanga will be home to more than 325 retailers.

Read more... Monday, 19 May 2014 20:55
eMarketer Releases Data on Highest Sales per Square Foot

New York – The U.S.-based retailers with the highest sales per square foot are Apple, Murphy USA and Tiffany and Co.

Read more... Friday, 16 May 2014 12:48
CBRE Arranges Sale Of North Port, Fla., Retail Center for $5.3 Million

North Point, Fla. – North Point Commons features tenants such as Quest Diagnostics, LabCorp, Fantastic Sam's, RE/Max Anchor Realty and Center for Sight, and it is currently 86 percent leased.

Read more... Friday, 16 May 2014 15:11
Spence Hill Arranges $1.2 Million of Acquisition Financing for Maryland Retail Property

Columbia, Md. – Spence Hill Associates has arranged $1.2 million of acquisition financing for a retail property in Columbia. The property is net-leased to 7-Eleven Inc.

Read more... Friday, 16 May 2014 15:15
ValueRock Redevelops Kauai Village

Kapa'a, Hawaii – Upon completion of phase one, ValueRock will begin phase two of its renovation, which encompasses a remodel of the façade.

Read more... Wednesday, 21 May 2014 14:03
S.L. Nusbaum Realty Co. to Manage Retail Center in Indianapolis

Indianapolis – Tenants include Outback Steakhouse, McAlister's Deli, AT&T Mobile, Sport Clips, Subway, Five Guys Burgers and Fries, and Davita Total Renal Care.

Read more... Friday, 16 May 2014 15:38
Cooper Commercial Arranges $2 Million Sale of Ohio Shopping Center

Cleveland – The 46,301-square-foot Village Green Shopping Center is 95 percent occupied and anchored by a Save-a-Lot grocery store.

Read more... Friday, 16 May 2014 15:41

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