Retail November 7, 2024 Andrew Wu, president of LVMH Greater China, and Dr. Han Zhi, director of retail at Swire Properties, formalized the agreement at the China International Import Expo (CIIE) in... Read more »
Optimus Properties, LLC purchased 5214-5232 W. Sunset Blvd., a 19,904 square-foot retail strip center in Hollywood, situated on a 42,076-square-foot lot, via a court-ordered sale. The center is shadow-anchored by a box retail... Read more »
CBRE secured $36.4 million in post-acquisition financing for TRC to recapitalize the purchase of a 115,939-square-foot Target-anchored center in La Canada Flintridge. Shaun Moothart, Bruce Francis, Bob Ybarra, Doug Birrell, Nick Santangelo and Jim Korinek with CBRE’s Capital Markets... Read more »
NewMark Merrill Companies has acquired the CVS Pharmacy building within Placentia Town Center, a 142,666-square-foot retail center located on the southwest corner of Yorba Linda Boulevard and Kraemer Boulevard in Placentia, California. Deal... Read more »
Newport Beach-based mall landlord TRC Retail has closed a $66 million acquisition in upscale La Cañada Flintridge, The Real Deal has learned. TRC bought the La Cañada Town Center, a 115,000-square-foot mall... Read more »
While reverse mortgage volume in 2024 got off to a rocky start, new data that breaks out retail Home Equity Conversion Mortgage (HECM) endorsements versus wholesale production showed that it was the... Read more »
Charlotte-based The Providence Group executed 22 retail transactions totaling more than 250,000 square feet in more than 20 markets across the Carolinas. In 2023, The Providence Group executed more than 180 retail... Read more »
Pacific Equity Partners has scored a $135 million loan to refinance Cross Creek Ranch, a large Malibu retail and office development slated to open this year. Torchlight Investors provided the five-year loan,... Read more »
In Downtown Los Angeles, one out of four offices sits empty. But landlords have come up with a sweetener to help draw tenants back to their cubicles: ground-floor retail. Downtown property owners... Read more »
The reverse mortgage industry already knew that Home Equity Conversion Mortgage (HECM) endorsement volume in 2023 was cut nearly in half compared to 2022, but new data shows that the decline was... Read more »