The commercial real estate brokerage firm Marcus & Millichap (NYSE:MMI) has hired Michael Puline as senior managing director and national director of its retail division. In his new job, Puline will guide the strategic growth of Marcus & Millichap’s and...
Tempus Realty Partners, an Arkansas-based real estate investment partnership, has acquired a Class A+ office and retail property in Pittsburgh’s Strip District for $43.75 million. Originally constructed as a warehouse, the property covers 94,580 square feet of...
Hazlet Town Center, a 190,000-square-foot shopping plaza in Hazlet, New Jersey, has been sold for $44 million. Based along the Route 35 retail corridor, the property is approximately 90% leased and anchored by Aldi, Burlington and Urban Air. The sale did not include...
CBL Properties (NYSE:CBL) has sold the Pittsburgh-area of Monroeville Mall and Annex in for $34 million in an all-cash transaction with an unnamed buyer. The Monroeville, Pennsylvania-based mall opened in 1969 with 1.15 million square feet of space and was renovated...
CBRE Group Inc. (NYSE: CBRE) announced the sale of three retail properties located in the suburban Philadelphia market totaling $14.7 million. The sales included a 5,051-square-foot standalone property occupied in a long-term lease by Wawa in Wyomissing, Pennsylvania,...