Strategic Property Partners unveiled plans for three new projects as part of the ongoing development of Water Street Tampa (“WST”). The project includes a residential condominium building, a build-to-suit office complex and an entertainment destination near Amalie Arena. The office and…
Although delinquencies for CMBS backed by retail loans reached heights that were exceeded only by those of the lodging sector during the pandemic, since then retail CMBS has improved in a number of metrics, reported Trepp. March’s overall decline in…
Earlier this year, Regency Centers completed demolition at the site for Avenida Biscayne, a retail center 15 miles north of Miami in Miami-Dade County. Regency Centers is investing $23 million in the redevelopment of three retail buildings totaling more than 28,000…
Retail center giant Edens has sold off a Publix-anchored retail center in Atlanta. InvenTrust Properties Corp. paid $28 million for Moores Mill Center, a 6-acre property that includes a 45,000-square-foot Publix and about 15,000 square feet of retail space. It…
The Allen Morris Company is planning to build a mixed-use project that would replace industrial properties in the area of Bankhead and the BeltLine’s Westside Trail. Two years ago, the company paid $31 million for the site. Allen Morris submitted…
Express, Inc. said Monday it had filed voluntary Chapter 11 petitions in the U.S. Bankruptcy Court for the District of Delaware and will close approximately 95 Express stores and all 12 UpWest locations. The Columbus, OH-based retailer has received a…
A private local owner has hired Colliers Chicago’s capital markets team of Alissa Adler and John Homsher, CCIM, and the multifamily team of Tyler Hague and Lauren Stoliar, to market a 55,033-square-foot, mixed-use property at 1770 1st Street in Highland…
The Coliseum Theater in downtown Seattle, one of the city’s historic landmarks, is headed to auction. The 36,904-square-foot retail building, which is listed on the National Register of Historic Places, is going up for auction next month, according to the…
G & M Landover, LLC recently completed the $4.65 million purchase of the Landover Townhomes, a 12-unit multi-family property located at 11015 NE 26th St in Vancouver, Washington. David Chatfield and Cameron Mercer with Portland-based Norris & Stevens, Inc. represented…
Albion Residential has secured a $102 million construction loan from Pacific Life Insurance for the first of two towers. Named Albion Music Row, the towers will be built on the former Beaman’s car lot in Nashville. Albion Music Row’s site is comprised…
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