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Deals

  • Report: Judge OKs sales of 47 Haggen stores

    Haggen has received approval from a federal bankruptcy court to sell 47 stores. Included in the sale are 33 supermarkets to Albertsons LLC, which formerly owned the stores. Albertsons sold the stores to Haggen just less than 12 months ago.

    Click here to read more.

  • Retail leasing now complete for historic 841 Broadway in Manhattan

    The Feil Organization announced Maison Kayser will bring its artisanal breads and baked goods to Union Square, signing a 15-year lease at the historic 841 Broadway for its eighth location in Manhattan, New York.

    The bakery will occupy 3,000 sq. ft. on the ground and mezzanine floors of the 108,000 sq. ft., eight-level Romanesque building, completing its retail portion.

  • EDENS acquires Historic shopping center in Dallas

    EDENS announced it acquired Casa Linda Plaza, one of the oldest shopping centers in the Dallas, Texas. The 323,000 sq. ft. center, was first opened in the late 1940s.

    Casa Linda Plaza is located five miles northeast of downtown, situated on three of the four corners at the intersection of Buckner Boulevard and Garland Road. The center is anchored by Albertson's and Petco, as well as, mix of local and national retailers including Pie Wei, Torchy's Tacos, El Fenix Restaurant, Highland Park Cafeteria, and Elliott's Hardware to name a few.

  • Mid-America Real Estate arranges three new leases

    Mid-America Real Estate announced three new retail leases recently signed.

    New Bohemi signed a lease for 4,209 sq. ft. at Eagan Towne Centre located in Eagan, Minnesota off of Interstate 35. The 153,781 sq. ft. center is anchored by Cub Foods, Big Lots and Dollar Tree.

    Title Boxing Club signed a lease for 3,495 sq. ft. at 55th and Lyndale located in Minneapolis. The 4,736 sq. ft. center is shadow-anchored by Walgreens, Midas, Enterprise and Kowalski’s.

  • Partnership acquires pair of grocery-anchored centers in same-day transaction

    X Team International announced that Mountain West Retail and Investment and Newmark Grubb ACRES completed sales of two grocery-anchored properties same-day.

    Canyon Center, a 51,914-sq.-ft. property in Sandy, Utah, is anchored by Smith’s and Shopko; the seller was Dee’s Inc., a third generation, family-owned real estate company, and the buyer was Pacific Castle, a Southern California-based institutional investor.

  • BALLSTON QUARTER

    Project Owner: Forest City Enterprises

    Company HQ: Cleveland

    Project Location: Arlington, Virginia

    Project Size: Total project is 1 million sq. ft.; Ballston Quarter is 325,000 sq. ft.

    Project Status: Opening 2018

    Project Website: www.ballstonquarter.com

  • Primark/Sears Real Estate Deal

    The ongoing quest of Sears Holding Corp. to leverage its vast real estate portfolio helped pave the way for British fast-fashion retailer Primark to enter the United States, giving the import access to space in malls throughout the Northeast.

    In late 2014, Primark struck a deal with Sears to lease a total of approximately 520,000 sq. ft. in seven Sears mall-based locations. All the space is expected to be delivered to Primark by the end of 2015.

  • Resurging Independence Plaza in Hamilton, New Jersey

    Hamilton Township, N.J. -- IP Associates announced it has executed an agreement with Regal Entertainment Group to anchor Independence Plaza located in Hamilton, New Jersey. The announcement comes on the heels of an eight month turnaround leasing campaign that has netted in 115,000 sq. ft. of new leases.

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