CBRE brings Joliet Marketplace to full occupancy
CBRE has arranged the final lease to complete leasing efforts totaling 100,000 square feet to bring Joliet Marketplace in Joliet, Illinois, to full occupancy. A…
Retail
How about some good news? U.S. shopping center vacancy rate falls to lowest level since 2007
Resilient. That's how Cushman & Wakefield described the U.S. retail sector in its fourth-quarter 2023 Shopping Center report. Why? Because because the average shopping center…
Marcus & Millichap closes sale of 5,200-square-foot net-leased property in Dallas area
Marcus & Millichap recently brokered the sale of QuikTrip, a 5,200-square-foot net-leased property in Wylie, Texas. Senior Managing Directors Austin Weisenbeck and Sean R. Sharko…
Insite Commercial sells retail building in Farmington
Insite Commercial closed the sale of a free-standing retail building for redevelopment at 31775 Grand River Ave. in Farmington, Michigan, to Legion Square. Kyle Nelson…
CBRE closes 22,104-square-foot lease for Burlington in Streamwood
CBRE has arranged a 22,104-square-foot retail anchor lease at 980 S Barrington Road in Streamwood, Illinois. Burlington has signed a new lease and will occupy…
Marcus & Millichap closes sale of pair of retail centers in Normal
Marcus & Millichap brokered the sale of two neighborhood retail centers in the college town of Normal, Illinois. The assets sold for $2.475 million. Eric…
Mid-America Real Estate Corporation negotiates sale of Kansas City-area shopping center
Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Oak Park Commons, a community shopping center located in one of Kansas City’s…
Expansion mode on: These are the fastest-growing retailers in the United States
The retail landscape is witnessing a diverse range of strategies among brands with a brick-and-mortar presence. While some companies are aggressively opening new locations and…
JLL, Cushman & Wakefield sell retail strip center in Houston
JLL Capital Markets represented the seller Fifth Corner, and Meredith Cullen and David Cook with Cushman and Wakefield represented the buyer in the sale of…
JLL Capital Partners completes $30 million sale of retail, parking facilities at Chicago’s Marina City
JLL Capital Markets has completed the $30 million sale of The Retail and Parking at Marina City, a 146,000-square-foot retail, dining and entertainment complex with structured…