Shopping center

JH Real Estate Partners buys Inland Empire shopping center

Hugo Aviles, CEO of JH Real Estate Partners, and the property at 16701 Valley Boulevard (Google Maps, JHREP) Investors are hot for industrial property in the Inland Empire – and they’re gearing up for retail, too. JH Real Estate Partners has purchased a 310,000 square foot shopping center in Fontana for $70.8 million, CBRE reported […]

Shopping center

What ALDI’s rapid expansion means for net rental investors

The pandemic has cast a spotlight on essential retailers, and despite a resurgence in almost every retail category, the grocery sector remains a priority for investors. Shopping Center Business recently reached out to Tom Georges, Director of Stan Johnson Co.’s New York office, to discuss current trends impacting the single-tenant and multi-tenant grocery industry and […]

Shopping center

Starbucks considering San Pedro mall for another drive-thru location – Daily News

The Garden Village mall in San Pedro, along Western Ave., has a vacant bank building that will be demolished to make way for a drive-thru Starbucks. (Photo by Chuck Bennett, Contributing Photographer) The Garden Village mall in San Pedro, along Western Ave., has a vacant bank building that will be demolished to make way for […]

Shopping center

Starbucks considering San Pedro mall for another drive-thru location – Daily Breeze

The Garden Village mall in San Pedro, along Western Ave., has a vacant bank building that will be demolished to make way for a drive-thru Starbucks. (Photo by Chuck Bennett, Contributing Photographer) The Garden Village mall in San Pedro, along Western Ave., has a vacant bank building that will be demolished to make way for […]

Shopping center

PGIM Hires CBRE to Sell Marshfield Plaza Mall in Chicago’s South End

A sale of Marshfield Plaza – and its price – could provide additional clues about the state of the mall investment market. Malls suffered early in the COVID-19 pandemic as retailers closed stores and stopped paying rent. As consumers spent more money online and shunned physical stores, the most pessimistic prognosticators were predicting that the […]

Shopping center

New bus stops behind Kansas City, Missouri mall have some worried

Kim Rector is campaigning for change after what she saw in her backyard the first week of the new year. Her security camera captured a man urinating, litter left on the floor and a crash between a car and a bus a few feet from her home. Shopping carts are also blocked across the street. […]

Shopping center

The Laulani Village shopping center offers a wide range of restaurants

Honolulu (KHON2) – Located on Leeward Oahu, the Laulani Village mall in Ewa Beach brings the delicious cuisine of Hawaii to residents of Oahu’s west side. Surrounded by an array of retailers, grocery stores and restaurants, Laulani Village Shopping Center has become a one-stop lifestyle center located in Ewa Beach. “Jolene’s is a local family […]

Shopping center

American Finance Trust set to acquire shopping center portfolio for $1.3 billion and sell office assets as part of rebranding

New York City — American Finance Trust Inc. (NASDAQ: AFIN) has entered into a definitive agreement to acquire a portfolio of 81 shopping centers from CIM Real Estate Finance Trust, a REIT managed by Los Angeles-based CIM Group. The transaction is valued at $1.32 billion. The 9.5 million square foot portfolio includes electrical retail shopping […]

Shopping list

How to Check Off Your Entire Holiday Shopping List at Costco — and Save Big

©Shutterstock.com If you have a Costco membership, it makes sense to maximize your shopping trip while you’re there, especially when running a seasonal errand. After all, this warehouse shopping club has aisles and aisles of holiday-worthy produce — from gift wrap to prime rib. Plus, you’ll often find a better price per pound or per […]

Shopping cart

Why not charge for the use of a basket, to be reimbursed when the customer returns it?

Regarding the column of your Freddy[[[[“Dr. Savoir: where are all the shopping baskets at Fred Meyer’s?” WWOctober 6, 2021): Why not charge for the use of a cart (say, a dollar), to be reimbursed when the customer returns it? Rounding up carts that left the scene would also earn you a dollar each. —Stuart H. […]

Shopping center

The pandemic has allowed shopping center REITs to do better than ever

Investors looking for gains in commercial real estate have been left perplexed as the ongoing global pandemic upends the sector. As traditional retail, offices and apartments crumble, the humble strip mall, epicenter of community shopping, is proving its enduring value to neighbors and investors. Changing buying habits have changed investment strategies in the real estate […]

Shopping cart

Instacart acquires Caper for AI-powered shopping cart and payment technology

instagram Instacart on Tuesday announced the acquisition of Caper AI, a five-year-old startup that makes smart carts and checkouts. The online grocery platform paid around $350 million in cash and stock for Caper. The acquisition will help Instacart continue to expand its business services and allow Instacart to create grocery experiences that use both online […]