JLL report: Retailers vacate more space than they fill during first quarter
For the first time in 16 quarters, more retail space was vacated in the first quarter of this year than was occupied, according to JLL.
Retail
CenterSquare acquires 40,000-square-foot retail center in Houston
CenterSquare acquired the Shops at Aliana Trace retail center in Houston. Shops at Aliana Trace is a 40,000-square-foot new construction Essential Service Retail property. The…
Whitestone REIT acquires 31,832-square-foot retail center in Austin
Whitestone REIT acquired the 31,832-sqaure-foot, restaurant-anchored San Clemente at Davenport retail center in Austin, Texas, which is just minutes from the Apple and Tesla campuses and…
Marcus & Millichap closes sale of 14,907-square-foot retail center in Magnolia
Marcus & Millichap negotiated the sale of Windcrest Village Square, a 14,907-square-foot multi-tenant retail center at 9533 FM 1488 in Magnolia, Texas. Allie Munday and…
IMPACT Strategies wraps renovation of Kia dealership in St. Louis market
IMPACT Strategies, Inc. completed the renovation of the Federico Kia dealership in Wood River, Illinois, at 1911 E Edwardsville Road. Wood River is in the…
Gerdom Realty and Investment brings Canton retail center to full occupancy
Michael Murphy of Gerdom Realty and Investment represented the landlord in leasing a 1,140-square-foot retail space at Canton Corners in Canton, Michigan, to AAA Insurance,…
CrownPoint Partners negotiates $2.2 million sale of Toledo Chipotle
CrownPoint Partners brokered the sale of a new=construction, single-tenant net-leased property occupied by a Chipotle Mexican Grill Drive-Thru in Toledo, Ohio, for $2.2 million. Julius…
Gerdom Realty and Investment negotiates sale of 9,218-square-foot shopping center in Waterford
Michael Murphy of Gerdom Realty and Investment represented the buyer in the sale of the 9,218-square-foot Excalibur Square shopping center in Waterford, Michigan. The five-unit…
The Boulder Group closes sale of net-leased Walgreens property in Muskegon
The Boulder Group completed the sale of a single-tenant net-leased Walgreens property at 840 W. Sherman Blvd., in Muskegon, Michigan, for $3.486 million. The 15,567-square-foot Walgreens…
SRS Real Estate Partners closes $14.15 million sale of three retail properties in Jefferson
SRS Real Estate Partners brokered the $14.15 million portfolio sale of three single-tenant retail properties in Jefferson, Indiana. The properties are all outparcels to Jefferson…