Primestor acquired the 357,000-s.f. grocery-anchored retail community center in Oxnard for $252 per square foot. The buyer liked that the property was well leased and features anchors such as The Home Depot, Nordstrom Rack, Staples, Dick’s Sporting Goods, T.J. Maxx and Walmart Neighborhood Market. Other tenants include World Market, Tillys, Boot Barn, In-N-Out Burger and More
Placer.ai released its Q1 2024 Retail & Dining Review that looked at how all the different retail segments performed during the first quarter of 2024 based on foot traffic. The year had a slow start, but things picked up, leading to an overall fairly successful quarter. Discount/dollar stores had the best performance, while dining — More
Below are some of the hottest fast-casual restaurant chains that are expanding throughout the country. Many of these chains are looking to enter new markets this year, as well as test out new unit types. Greek concept brings its first drive-thru unit to Texas West Coast-based Nick the Greek recently opened a unit in Porter, More
A single-tenant triple-net-leased investment property occupied by Topgolf sold for $7.67M in Omaha. Hanley Investment Group Real Estate Advisors arranged the sale of the building, which houses the only Topgolf location in Nebraska. Hanley Investment Group’s EVP Jeff Lefko and EVP Bill Asher represented the seller and developer, a private investor based in Omaha. The More
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The Crittenden Retail Tenants newsletter and directory has been providing accurate contact information and inside news on the nation’s largest and fastest-growing retailers for the past 20 years. Retail has changed dramatically over the last decade but continues to surprise with robust performance and new players. We have taken the time to identify the largest More
The majority of street retail districts appear to be thriving with foot traffic in prime trade areas expected to fully recover to pre-pandemic levels by Q3 2024 and surpass those levels by 2025, according to a new report from CBRE. By Q4 2023, foot traffic in 10 prime trade areas tracked by placer.ai had reached More
Promenade at Highlands Ranch, a 136,521-s.f. community retail shopping center, recently sold for $26.65M in Colorado. Institutional Property Advisors (IPA), a division of Marcus & Millichap, arranged the sale. “Retail fundamentals have never been more favorable than they are today,” said Ryan Bowlby, IPA senior director. “We received seven offers on this project, several of More
Western Garden Commercial is a retail pad site equaling ~24.5 acres of land just a few miles south of the Cardinals Stadium. The subject is nestled among the Taylor Morrison and Fulton Homes SFR communities and the Algadoon Center being developed by Lennar. The borrower needed to refinance out of a private money deal and More
