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REAL ESTATE

  • Gordon Brothers, BlackRock Kelso launch finance company
    New York City -- BlackRock Kelso Capital Corporation announced that it has completed a transaction with Gordon Brothers Group to launch Gordon Brothers Finance Company.  

  • Retail Rap: Digital Walleting
    It has been fascinating to watch the back and forth in recent weeks as competing systems for mobile payment have suddenly been grabbing headlines and jockeying for space in the public consciousness.  

  • SL Green Realty acquires 102 Greene Street
    New York City -- SL Green Realty Corp. announced it has acquired the retail property located at 102 Greene Street for $32.25 million. The transaction marks the continued growth of the company’s prime retail property portfolio, which already includes several other assets in Manhattan’s SoHo retail district.   

  • Mid-America handles sale of Maple Hill Mall
    Kalamazoo, Mich. -- Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Maple Hill Mall in Kalamazoo, Mich. The 283,551-sq.-ft. center was purchased from Kimco Realty Corp. by Whitehouse, Ohio-based Devonshire REIT.  

  • United Tae Kwon Do to open at Summit Plaza
    Hackensack, N.J. -- Martial arts studio United Tae Kwon Do Center has leased 1,500 sq. ft. at Summit Plaza in Hackensack, becoming the latest tenant to join the retail lineup at the Bergen County shopping center. The 100,000-sq.-ft. retail property is owned and managed by Alfred Sanzari Enterprises.  

  • Simon: Most holiday shoppers will visit malls
    Indianapolis -- More than eight in 10 (83%) of holiday shoppers will shop at the mall during the 2014 holiday season, and that percentage climbs to 89% of millennial shoppers age 18-33. According to the new "2014 Holiday Shopping Behavior Survey" from Simon, nearly nine in 10 (87%) respondents agree that "malls have the latest and hottest fashion and styles of the season."   

  • CBRE arranges Plano retail center sale
    Dallas -- CBRE Capital Markets’ Retail Investment Properties team announced the sale of Towne Square Shopping Center in Plano, Texas. Dallas-based Norman J. Hoppenstein purchased the retail center from an undisclosed seller.  

  • Sports Authority to host grand opening events for its new and improved stores
    Englewood, Colo. -- Sports Authority will host grand opening events for its new and improved stores in the Las Vegas area on Saturday, Nov. 8, at 8 a.m.  

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