Property Types Retail
646,000SF Regional Shopping Center in San Jose Gets All Anchors in Place
May 16, 2008

Developer Westrust has filled up all 10 anchor spots at The Plant, its $142 million, 646,000-square-foot regional shopping center in San Jose. With 500,000 square feet of anchor space and 141,000 square feet of specialty retail and dining offerings, The Plant is the largest power center ever to open its doors in the city. Among the newest tenants is a 64,000-square-foot Toys "R" Us store, marking the debut of the chain's superstore concept in Northern California. A new Babies "R" Us shop will also be part of the space.

 
Recent Retail Headlines
Off-Price Retailer to Join List of Anchors at 336,000SF Clermont Landing
July 25, 2008
Ross Dress for Less has signed a lease to occupy one of the anchor positions at Clermont Landing, a 366,000-square-foot in Clermont, Fla., at the intersection of Route 27 and Route 50, about 20 miles west of Orlando.
Washington Square Shopping Center Sold in Palm Desert
July 24, 2008
On behalf of the seller, a local shopping center developer, and the buyer, a TIC sponsor, Marcus & Millichap Real Estate Investment Services has arranged the sale of Washington Square, a 49,972-square foot shopping center in Palm Desert, Calif.
Prospect Proceeds in Buying IndyMac Mortgage Branches
July 22, 2008
Prospect Mortgage has decided to proceed with its acquisition of most of IndyMac's retail mortgage branches in a deal scheduled to close early next month.
Kennedy Funding Closes Loan to National Retail Development Partners for Arizona Mixed-Use
July 22, 2008
Kennedy Funding Inc. closed a $11 million loan to National Retail Development Partners for site development and construction of a mixed-use office and retail complex in Scottsdale, Ariz.
Correction: Shops at Vineyard Village Lists for $43M in Texas
July 19, 2008
An item here yesterday stated that on behalf of the seller, Marcus & Millichap Real Estate Investment Services had sold for $43 million the Shops at Vineyard Village, a 208,000-square-foot shopping center in Euless, Texas.
 

 

Thursday REal Talk with Adam Perrotta
July 24, 2008
By Adam Perrotta, News Writer --In yet another example of an American firm's involvement abroad, Denver-based ProLogis has appointed Philip Dunne as COO of Europe and the Middle East. Dunne's appointment would seem to indicate that the firm has every...

Work Gets Underway on $500M Gates Foundation HQ in Seattle
July 24, 2008
By: Barbra Murray, Contributing Editor --Ground has just broken in Seattle on what will become the new home of the Bill & Melinda Gates Foundation. The multi-structure green headquarters campus (pictured) will encompass 900,000 square feet, including a visitor center,...

New York Housing Agencies Approve $329M to Build, Renovate Affordable Housing
July 24, 2008
By: Anuradha Kher, Online News Editor, Multi-Housing News --The boards of the New York State Housing Finance Agency (HFA) and its subsidiary, the New York State Affordable Housing Corp. (AHC), recently approved more than $317 million in financing to build...

ProLogis Makes More Big Moves in People, Places
July 24, 2008
By: Scott Baltic, Contributing Editor --In its fourth major personnel appointment in just a few months, distribution facility giant ProLogis has announced that Philip Dunne will join the company in the new position of COO/Europe and the Middle East. Dunne,...

ING Sells Roosevelt Raceway Center on Long Island for $103M
July 24, 2008
By: Judy Feldman, Contributing Correspondent --ING Clarion Partners L.L.C. has sold the Roosevelt Raceway Center in Westbury, N.Y. The New York office of Holliday Fenoglio Fowler L.P. announced the finalization of the $103 million sale and arranged financing, representing the...

Top Brokers Do Deals in Bad Markets, Too
July 18, 2008
By Mike Myatt, Chief Strategy Officer N2growth --Many in the industry long for the frothy markets of 2005 when sellers experienced record low cap rates, buyers were aided by loose credit and a strong flow of funds from the capital...

Know Thy Customer
July 11, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --How well do you really know your customer? Let me put this as simply as I can. If you want to succeed in business you must be in touch with the demands of...

How to K.I.S.S Problems Goodbye
June 27, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Keep It Simple Stupid. One of the most effective ways to order your world is to simplify everything you encounter. The problem is that keeping it simple often becomes very difficult when our...

Does Appearance Matter?
June 20, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --So, do appearances really matter? They shouldn't, but the reality is that they most certainly do. As the old saying goes, "you only get one chance to make a first impression," and often...

Recognizing the Need for Change
June 13, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Since the title of today's column is "Recognizing the Need for Change," I'm going to switch things up a bit and ask you to answer a question posed by me. I first warned...