The Oaks mall's longtime owner The Macerich Co. announced the deal in its third-quarter earnings report last month The Santa Monica-based real estate investment trust bought the shopping center at 350 W. Hillcrest Drive in 2002.
Ventura County Star’s Post
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A more detailed look into what one of the projects #royalmount mentioned in the recent #WSJ article on #LCatterton and #LVMH real estate opening August 15 😀
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Crosswinds Shopping Center, a 141,577-square-foot retail center located in the Tampa suburb of St. Petersburg. Wallace Enterprises and Crim & Associates acquired the center for an undisclosed price. Pierce Mayson, Kyle Stonis and Boris Shilkrot of Matthews represented the seller, Jannie C. Hueting represented the buyer in the transaction. Tenants at the property, which was fully leased at the time of sale, include Marshalls, Michaels, Bealls and Havertys. NorthBridge Commercial Real Estate Group will retain the leasing and include property management services.
A shopping center in St. Petersburg has traded hands for $20.5 million. The approximately 142,000-square-foot property includes tenants like MARSHALLS LLC, Michaels Stores and Havertys Furniture.
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Interesting read.
Though higher interest rates and construction costs pose challenges to redevelopment, expansion-minded retailers remain willing to pay the higher rents needed to support the activity. Learn more here: https://bit.ly/3LrbPfV #ICSC #Marketplaces #Retail #RealEstate DLC Management Corp. Brixmor Property Group CBL Properties Phillips Edison & Company
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Growth is good! ICSC CrossMarc Services Crossman Career Builders #crossmarc #crossmancareerbuilders
Though higher interest rates and construction costs pose challenges to redevelopment, expansion-minded retailers remain willing to pay the higher rents needed to support the activity. Learn more here: https://bit.ly/3LrbPfV #ICSC #Marketplaces #Retail #RealEstate DLC Management Corp. Brixmor Property Group CBL Properties Phillips Edison & Company
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Yes: but only if the location is correct. Otherwise you can see aggressive closures.
Though higher interest rates and construction costs pose challenges to redevelopment, expansion-minded retailers remain willing to pay the higher rents needed to support the activity. Learn more here: https://bit.ly/3LrbPfV #ICSC #Marketplaces #Retail #RealEstate DLC Management Corp. Brixmor Property Group CBL Properties Phillips Edison & Company
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Nugent Shopping Park in Orpington, is a good example of how Retail Parks are continuing to ‘transform’ to replace nearby town centres https://lnkd.in/e4BfgTqK Hopefully the next Government will act, to stop more town centres from being similarly impacted and Rating reforms will also be introduced, to enable town centres to compete, on a ‘level playing field’ against ‘out of town’ retail developments (with free parking) and online retailers like Amazon and Shein, who pay minimal amounts of tax https://lnkd.in/e5B3p-MS Enc. 1 for TOWN CENTRES DEVELOPMENT PROGRAMME UPDATE REPORT.pdf cds.bromley.gov.uk Appendix 1 Orpington Town Centre: Stage 1 (Evidence Base) PREPARED FOR LONDON BOROUGH OF BROMLEY Tab… Enc. 1 for TOWN CENTRES DEVELOPMENT PROGRAMME UPDATE REPORT.pdf cds.bromley.gov.uk Appendix 1 Orpington Town Centre: Stage 1 (Evidence Base) PREPARED FOR LONDON BOROUGH OF BROMLEY Tab…
British Land's head of #retail park asset management, Matthew Reed, says its parks have become popular destinations for traditional town centre traders since COVID due to their "affordability, adaptability and accessibility." Discover how the REIT brings a High Street flavour to a #London retail park.
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🚨 **Exciting News for Houston Real Estate!** 🚨 A new chapter is about to unfold at the former **La Quinta Houston Galleria site**, as **KNA Partners** steps in to lead its redevelopment into a modern **shopping center**! This high-potential project showcases Houston’s thriving market for innovation and growth, especially in prime locations like the Galleria area. The property has been matched with a seasoned Houston developer, ensuring a reimagined space that will likely generate economic opportunities and an enhanced shopping experience for residents and visitors alike. Projects like these underscore how Houston's real estate market continues to evolve and adapt to meet the needs of the community. With developments like this taking shape, the Houston real estate scene is only heating up. If you're curious about how this news impacts property values in the area or have **buying, selling, or investment questions**, **The Alam Group** is here to help. Let's make Houston's growth work for YOU! 💼 Let's connect and talk opportunities. Feel free to drop us a message or reach out today. #TheAlamGroup #TevasRealEstateGroup #HoustonRealEstate #HoustonGrowth #ShoppingCenterDevelopment #CommercialRealEstate #InvestInHouston #GalleriaAreaInvestments #RealEstateOpportunities
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Which retailers are growing, and who's pushing pause? Here's a look at the landscape heading into this week's annual commercial real estate convention.
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Featured Listing 🏢 3315 Williams Boulevard SW #4, Cedar Rapids $9.95/sq ft Great retail location facing Williams Blvd. Traffic count exceeds 12,500 cars per day. UPS Store, Edward Jones, Happy Joe's Pizza, Taco Bell, Dupaco Credit Union and SS Administration are neighbors. Landlord would participate with build-out. Unit 5 next door could be added to this space to create 3,012 SF. Tenants may set operating hours. Listing agents are partial owners. Up to 3 months free base rent offered for a five-year lease with qualified tenant. Plentiful off-street parking. 2024 CAM is $6.54/SF. Rate is first-year incentive. Second year would be $11.50; third year to be $12.50; fourth and fifth year to be $13.50/SF NNN. Zoning was C-3A in former zoning code. Listed by Doug Laird and Scott Olson https://lnkd.in/gU267G7w #SkogmanCommercial #CommercialRealEstate
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JUST LISTED! NorthPeak Commercial Real Estate is pleased to present for sale 4251 E 104th Avenue, a single tenant, net leased retail building in Thornton, Colorado. The building was originally constructed as a Starbucks anchored strip center with four units and a drive-thru, but today is 100% occupied by a gym on an expiring lease. The expiring lease affords a new owner several options, including executing a new 10-year agreement or demising the property back into its original configuration and capturing higher rents. VIEW PROPERTY: https://lnkd.in/g4HuAnCa PROPERTY HIGHLIGHTS 🏠 Address: 4251 E 104th Ave., Thornton, CO 80233 💰 List Price: $1,850,000 📐 Property Size: 6,600 SF 🏢 Total Units: 4 🏠 Property Type: Retail #realestate #denverrealestate #denver #retail #northpeak #northpeakcre #property #listing #thornton
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