Content about Advisors

June 4, 2013
Joint real estate equity fund acquires Wisconsin power center: Plaza 173

A joint real estate fund formed by Innovative Capital Advisors and HSA Commercial Real Estate recently purchased the 92,000-sq.-ft. Plaza 173 power center in Brookfield, Wis., in a competitive auction.

April 4, 2013
Dominick's Real Italian to open in Cortaro Plaza

Commercial Retail Advisors said that Dominick's Real Italian is opening a restaurant at Cortaro Plaza, located in northwest Tucson.

March 13, 2013
U.S. Bank closes on $46 million loan for Pier Park North

Columbus, Ohio-based Casto said that its JV partners The St. Joe Co. and Strategic Retail Advisors, along with U.S. Bank, have closed on a $46 million construction loan that will finance The Pier Park North Shopping Center, a 360,000-sq.-ft. shopping center in Panama City Beach, Fla.

February 11, 2013
MasterCard partners with Mu Sigma to launch analytics products

MasterCard Advisors, a division of MasterCard, and analytics firm Mu Sigma announced a new partnership to develop analytic products toward solving business challenges such as acquiring customers and increasing customer loyalty.

February 6, 2013
2013: The year retail rebounds?

By Gary Glick, Cox, Castle & Nicholson LLP

January 9, 2013
MasterCard Advisors: December total U.S. retail sales up 2.4% year-over-year

Total retail sales (excluding automotive) for December 2012 grew by 2.4% year-over-year, according to a SpendingPulse report released Wednesday by MasterCard Advisors, the professional services arm of MasterCard.

January 4, 2013
Wags To Riches to relocate to Plaza Sonora

Commercial Retail Advisors said that Wags To Riches Pet Grooming Salon has signed a new lease for 900 sq. ft. in Plaza Sonora and plans to relocate there in March 2013.

December 28, 2012
Report: Holiday sales up 0.7%

Holiday-related sales rose 0.7% from October 28 through December 24, compared with a 2% rise last year, according to a preliminary report from MasterCard Advisors Spending Pulse.

December 17, 2012
MasterCard: Mid-season holiday spending growth slows

A SpendingPulse report released Monday by MasterCard Advisors found that after a three-week recovery of retail spending growth that started two weeks after Superstorm Sandy and lasted through the week ending Dec. 1, a slowdown occurred in the week ending Dec. 8.

December 12, 2012
MasterCard Spending Pulse shows small retailer rebound in November

A SpendingPulse report released by MasterCard Advisors in partnership with Wells Fargo found that spending at small retailers in November picked up a percentage point since October, showing a 5.2% year over year improvement.

December 5, 2012
Trademark JV acquires Watters Creek

Trademark Property Group announced that together with Coventry Real Estate Advisors, Southern Land Co. and PCCP, it has recapitalized the Watters Creek at Montgomery Farm mixed-use project near Dallas in a joint-venture arrangement.

December 3, 2012
Casto, St. Joe, SRA team to develop Pier Park North

The St. Joe Co., together with Casto and Strategic Retail Advisors, announced a joint venture to develop Pier Park North, a 390,000-sq.-ft. shopping center located across from Pier Park Lifestyle Center in Panama City Beach, Fla.

November 30, 2012
Walgreens opens Los Angeles flagship; store is chain’s 8,000th location

Walgreens on Saturday officially opened its 8,000th store nationwide and its first flagship on the West Coast.

November 27, 2012
Hedge fund adds former Home Depot, Staples execs to aid Office Depot fight

A Tuesday report by the Wall Street Journal said that activist hedge fund Starboard Value has added former Home Depot and Chrysler executive Robert Nardelli and ex-Staples vice chairman Joseph Vassalluzzo as advisors – part of Starboard’s plan to make sweeping changes at Office Depot Inc.

November 21, 2012
MasterCard Advisors: Hurricane Sandy takes a bite out of early November sales

Spending in most of the key holiday categories, for the first two weeks of the retail month of November was down on a year-over-year basis, according to a SpendingPulse report released by MasterCard Advisors, the professional services arm of MasterCard.

November 20, 2012
RCS Real Estate Advisors retained to facilitate Forever Flawless rollout

RCS Real Estate Advisors said it has been retained by Bella Terra Cosmetics to help facilitate the rollout of Forever Flawless mall locations throughout the U.S.

November 1, 2012
Jones Lang LaSalle to lease and manage Houston County Galleria

Jones Lang LaSalle announced that Gemini Real Estate Advisors has awarded the firm the leasing and management of Houston County Galleria, a 483,893-sq.-ft. regional shopping center located in Centerville, Ga., and anchored by Belk, J.C. Penney and Sears.

October 23, 2012
Lincoln Theatre, South Miami Beach, Fla.

Miami Beach, Fla.-based Savitar Realty Advisors has nearly completed its transformation of the legendary Lincoln Theatre in the heart of South Beach from a historic movie theater and symphony hall into a 35,000-sq.-ft. mixed-use building located on the pedestrian promenade known as the Lincoln Road Mall.

The modern retail establishment scheduled to open in November will house H&M’s 30,000-sq.-ft. flagship store as well as a number of other smaller tenants including Swatch, Sabon, 4D Gelato and 100 Montaditos, a Spanish tapas and sandwich style restaurant.

October 5, 2012
La Mia Toscana to open at Cottonwood Plaza

Tucson, Ariz. -- Commercial Retail Advisors said that La Mia Toscana Italian Restaurant has signed a lease for a 3,210-sq.-ft. restaurant in the Cottonwood Plaza Shopping Center in, Tucson, Ariz.

La Mia Toscana is expected to open in first quarter 2013.

 

October 5, 2012
RED Legacy and DRA Advisors acquire The Streets of Brentwood

RED Legacy and a fund managed by DRA Advisors have acquired The Streets of Brentwood, a 350,000-sq.-ft. lifestyle center on 60 acres in the Greater San Francisco Bay Area.

October 1, 2012
DRA Advisors acquires Streets of Brentwood

SRS Real Estate Partners said it represented Brentwood Specialty Center, LLC in the sale of The Streets of Brentwood to a partnership between New York City-based DRA Advisors and RED Legacy out of Kansas City.

September 26, 2012
Wet Seal says proxy advisors oppose Clinton Group proposal

The Wet Seal said that two independent proxy advisors, Institutional Shareholder Services and Egan-Jones Proxy Services, recommended that the chain’s shareholders reject efforts by Clinton Group to replace six members of the company’s board of directors.

September 4, 2012
Nordstrom opens Rack store in Back Bay area

CBRE/Grossman Retail Advisors said that Nordstrom will open a new Nordstrom Rack at The Newbry in Boston’s Back Bay neighborhood, further expanding its presence in the Boston market to four full-line stores and four Nordstrom Racks.

August 24, 2012
Report: Supervalu seeking buyers for entire company

Advisors to Supervalu Inc. are asking potential buyers to bid for the entire operation, even as several suitors have inquired about individual parts of the U.S. grocery company, according to a report by Bloomberg News.

August 22, 2012
Wet Seal hires financial advisors; adopts poison pill

The Wet Seal said it has hired financial advisors and adopted a poison pill that discourages an investor from acquiring 10% of the company.

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