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Prudent Growth Partners Acquires Alabama Retail Center for $7.6 Million

Prudent Growth Partners Acquires Alabama Retail Center for $7.6 Million

by Phil Hall | Mar 13, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Chapel Hill, North Carolina-based private equity firm Prudent Growth Partners LLC has completed its $7.6 million acquisition of Hampton Cove Shops, a 41,681-square-foot retail center located in Owens Cross Roads, Alabama. Located in the Huntsville metro area, the...
R-Zero’s Expands Availability of Commercial Real Estate Energy Savings Tool Prospector AI

R-Zero’s Expands Availability of Commercial Real Estate Energy Savings Tool Prospector AI

by Phil Hall | Mar 10, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

R-Zero, a San Francisco-headquartered smart building platform focused on reducing energy use and operational costs, announced the nationwide expansion of Prospector AI, its proprietary data analytics software that identifies immediate energy savings for commercial...
Grocery Outlet to Close 36 Underperforming Stores

Grocery Outlet to Close 36 Underperforming Stores

by Phil Hall | Mar 6, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Grocery Outlet Holding Corp. (NASDAQ: GO), the Emeryville, California-based parent company of the Grocery Outlet chain of bargain-priced supermarkets, announced it is closing 36 stores following dismal fourth quarter earnings that resulted in a roughly $235 million...
iPic Theaters Files for Bankruptcy, Plans to Sell Assets

iPic Theaters Files for Bankruptcy, Plans to Sell Assets

by Phil Hall | Mar 5, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The iPic Theaters cinema chain, which offers dine-in service to its moviegoing audiences, has filed for Chapter 11 bankruptcy and is planning the sale of its assets. According to combined media reports, the Boca Raton, Florida-headquartered company previously filed...
Report: Purchasing Rights Awarded to Shuttered San Francisco Centre

Report: Purchasing Rights Awarded to Shuttered San Francisco Centre

by Phil Hall | Mar 5, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The purchase rights to the San Francisco Centre, the once-grand 1.5 million-square-foot mall that was shuttered in January, has been awarded to a partnership of Presidio Bay Ventures and Prado Group. The San Francisco Chronicle, citing input from unnamed “sources with...
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