Retail

Mariano’s Fresh Market acquisitions continue: Vernon Hills property sells for $36M

The property was sold at a premium to the investors' purchase price in 2013. Coupled with cash flow generated during the holding period, the sale…

Former Ruby Tuesday in Davenport, Iowa to be converted into organic grocery store

The former 5,941-square-foot property will undergo construction beginning this fall and is expected to be completed in late summer of 2017.

LM Commercial Real Estate adds Amy Hall as SVP of Organization and People

She will oversee recruitment of new brokers in the office, retail and industrial sectors, as well as training, performance management and strategic planning for the…

Marcus & Millichap: Retail vacancies hit 10-year low in Cincinnati market

Retail occupancy rates in the Cincinnati market reached a 10-year high, according to the latest research from Marcus & Millichap.

Venture partners pay $7.25M for ground-level retail space next to McDonalds’ new HQ

The buyer, a partnership between R2 and Marc Realty Capital, paid $7.25 million for the property. Existing tenants include the classic French restaurant La Sardine,…

Namdar Realty Group completes all-cash deal for Salem Plaza shopping center in Dayton, Ohio

The 141,616-square-foot Salem Plaza shopping center in Dayton, Ohio, was recently purchased by Namdar Realty Group in all-cash transaction with plans to retain and operate…

Looking for financing? The basics still matter

Midwest Real Estate News recently spoke with James Cope, executive vice president and managing director with commercial financing company Walker & Dunlop, about the steps…

Michael Jordan’s Restaurant opening in Oak Brook next summer

The addition of the restaurant caps off the successful redevelopment of this 389,000-square-foot office complex on West 22nd Street in west suburban Chicago's Oak Brook,…

Manic Muse hair salon opens in downtown Grand Rapids

Manic Muse was brought to 5 Lyon St. NW by Tom Peterson of Colliers West Michigan, who brokered the deal with the help of Mark…

Shoppes at Thomsen Mile retail strip in Omaha, Nebraska sells for $2.5 million

he 14,000-square-foot building, located next to Wal-Mart Supercenter is part of a 145-acre mixed-development led by Jerry Slusky and Trenton Magid with the firm.

Retail

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