American Realty Capital – Retail Centers of America, Inc. ("ARC Retail") closed its acquisition of the Tiffany Springs MarketCenter, located in Kansas City, Mo., on Sept. 26, for a contract price of $53.5 million, exclusive of closing costs.
Shopping center owner and developer DDR Corp., based in Beachwood, Ohio, said Tuesday it will sell 22 acres of land to Ikea Property for the construction of Ikea’s first store in Kansas, located in the Kansas City bedroom community of Merriam, Kan.
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.
Kansas City, Mo. -- Chain Store Age real estate columnist Jeff Green, featured regularly on Chainstoreage.com’s community page with his “Retail Rap with Jeff Green” commentary, was interviewed by the Kansas City Star about trends in retail real estate.
Developers Diversified Realty and Glimcher Realty Trust announced Wednesday that the companies have entered into an agreement to swap two assets better aligned with the other’s operating platforms and strategies.
J.C. Penney Co. is aiming to be a major player in a growing market niche — men’s big and tall — that is estimated to be a $6 billion-plus annual business. The segment is expected to grow 25% in the next decade.
TIAA-CREF, a national financial services organization and a provider of retirement services for educators, and CBL & Associates Properties have formed a $1.09 billion real estate joint venture to invest in market-dominant shopping malls.
Einstein Noah Restaurant Group announces partnership with Service Management Group, a leading customer analytics agency focused on loyalty and service improvement, to increase customer loyalty and drive same-store sales.
Tri-Land Properties announced that Dr. Holly Xu, Fashionista Exchange, Jimmy John’s, Lee Lee Nails, Party Time Liquor and Pride Cleaners have joined the company’s projects throughout Indiana and Kansas City.
As part of the multi-million dollar renovation and expansion of Power Plant Live! in Baltimore, The Cordish Cos. announced that entertainment concepts PBR Baltimore and The Baltimore Comedy Factory hosted grand openings the first two weekends in March.