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DEALS

News and analysis on buying and selling real estate for new retail centers.

Emerging from the pandemic, PREIT signs new tenants at six malls

Shopping centers and malls continue to work their ways out of the confines of COVID-19 with gains in traffic and new tenants coming on-stream.

Leases for 280 Stein Mart stores are on the market

A&G Real Estate Partners announced it has begun marketing leases for 280 Stein Mart locations being closed in connection with the company’s bankruptcy filing.

REI Co-op has sold its new corporate campus even before it moved in, in line with the company’s move away from the traditional retail HQ model. 

Asset Strategies Group has enhanced its strategic real estate solutions business with the acquisition of retail design firm Chute Gerdeman. 

Stephen Lebovitz

Most people who know Stephen Lebovitz, CBL Properties’ chief executive, were sure he wouldn’t surrender without a fight the company founded in 1978 by his father Charles B. Lebovitz.

Total retail industry private equity deals in the second quarter hit $2.63 billion globally.

A day after reporting a 36% decrease of $18.6 million in the second quarter, mall owner PREIT announced it has executed a secured term loan for up to $30 million to shore up its liquidity as the COVID-19 pandemic draws on.

Lidl has signed a lease for a 27,800-sq.-ft. space once occupied by a Big Kmart at Frederick County Square.

Transwestern Real Estate Services this week closed a deal that transpired entirely during the COVID-19 pandemic.

U.S. District Court in Detroit

Taubman Centers’ fight to close its merger deal with Simon Property Group begins tomorrow, according to CNBC.

Lincoln Road in Miami

Miami’s trendy Lincoln Road shopping district will soon be welcoming the city’s first Amazon 4-Star location among several other tenants that, landlords there say, have become attracted to open-air plazas due to the coronavirus pandemic.  “The Lincoln Road District is home to some of the re

Westfield Meriden mall in Connecticut

As American malls begin a return to operations in a revised retail environment, Namdar Realty Group pursues its standard strategic mission of snapping up viable malls in B and C markets.

Plaza San Remo

Why, when the economy’s crippled by pandemic, would a real estate investor pay $46.7 million for a 59,694-sq. ft. grocery-anchored center?

An e-tail giant will open its third supply chain facility in Delaware.

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