DEALS

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DEALS

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

Fashion District Philadelphia

PREIT: ‘$360 million makeover is paying off’

Just months after the opening of 700,000 sq. ft. of new or remerchandised space, PREIT has declared a major victory for its long-term plan to uplift high-impact properties and dispose of low-performing ones.

New Town Village

Inland hires broker to re-curate suburban Baltimore center

Inland Property Management has hired a broker to help it curate New Town Village in Owing Mills, Md.

Amazon Canada is planning to open its first-ever fulfillment center in Quebec.

madison ave

For upwardly mobile brands desiring a showcase on Broadway in SoHo or on Madison Avenue in New York, now’s the time to grab a space.

Pinstripes

Pinstripes, a 30,000-sq.-ft. entertainment concept that offers bowling, bocce, and fine Italian dining in a spacious two-level environment has an important new investor.

Traditional tenants in retail centers once scoffed at having gyms in their midst for all the parking spaces they took up. No more.

Best Buy store

The Jacksonville market is “on fire” according to JLL senior managing director Brad Peterson.

Couple grocery shopping

Amazon is reportedly preparing to open more than 12 grocery stores in greater Los Angeles.

McAlister’s Deli

McAlister’s Deli will see franchise growth in Florida, Louisiana, and Texas.

Allsup’s Convenience Store

Convenience store retailer Yesway is gaining more than 300 new stores in a single transaction.

Brookstone

Hudson Group will take over all Brookstone brand operations in U.S. airports.

Pep Boys

Pep Boys is opening new stores on both coasts.

Orchards Market Center

New York-based Time Equities, Inc. has acquired Orchards Market Center in Vancouver, Wash., its seventh property in the region.  

California-based NewMark Merrill Companies has purchased its third center in Illinois, the 159,000-sq.-ft. Stony Island Plaza in Chicago.

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