Dave Brown, a 25-year industry veteran who has worked for GGP, The Rouse Co., and Urban Retail Properties, has joined CBRE to lead its retail specialty leasing and alternative revenue practice.
Since Amazon first introduced its “just walk out” payment technology earlier this year, several other retailers have announced plans for similar platforms.
In a 100% stock-for-stock transaction, Phillips Edison & Company has merged with its internally managed real estate investment trust, Phillips Edison Grocery REIT II.
The owners of New Jersey’s fourth largest mall have received approval from the Eatontown Planning Board to add 700 residential units and transform the property into a mixed-use community.