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Deals

  • Joplin power center changes hands

    Chase Properties has acquired North Point Shopping Center in Joplin, Missouri, from Kimco Realty Corp.

  • Fast-growing organic grocer sets 2018 store openings

    Sprouts Farmers Market is in expansion mode.    Sprouts Farmers Market announced it will open nine new locations in the first quarter of 2018. In total, the natural and organics grocer will open approximately 30 new stores across the country in 2018.  

  • Report: Online giant has its eye on some French supermarkets

    Amazon is exploring its next grocery opportunity — but not in the United States.    The online giant is looking for physical store locations in France, especially Paris. French newspaper Le Monde, which first broke the story, said Amazon has approached various French supermarket operators — including Groupe Casino, Intermarche and Systeme U — about setting up distribution deals or making an acquisition in the country, according to CNBC.  

  • Refinanced Boulder center opens with 90% occupancy

    NewMark Merrill Mountain States this week issued a double-barreled press release: It closed on a $62 million refinancing of the Village at the Peaks and opened the Boulder-area center at close to 90% capacity.   The $100 million, 442,000-sq.-ft. had been under development for five years in a public/private partnership between NewMark Merrill and the city of Longmont. New financing was provided by Allianz Real Estate of America.  

  • Amazon to embark on Big Apple hiring spree

    Amazon is about to put down some new roots in New York City — and is hunting for new employees to support the operation.  

  • Walgreens gets regulatory OK to buy Rite Aid stores

    Walgreens Boots Alliance secured regulatory approval for a deal to buy stores from Rite Aid Corp. after a reduction in the number of stores and price. The deal will still enable Walgreens to dramatically increase its store footprint, giving it a total of about 10,000 U.S. locations.   

  • Bloomberg: Walgreens revising Rite Aid deal to gain FTC signoff

    Walgreens Boots Alliance is reportedly tweaking its previously announced deal with Rite Aid Corp.  

  • Phillips Edison buys Chicagoland center

    Phillips Edison & Company has acquired a center anchored by Mariano’s grocery in the Chicago suburb of Hoffman Estates.   The 159,443-sq.-ft. Hoffman Village was left two-thirds vacant when Dominick’s closed in 2011, but the emergence of Mariano’s Fresh Market, owned and operated by Roundy’s, returned occupancy back to 94%, according to former owner NewQuest.  
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