The furniture chain American Freight is the latest retailer to shut down its operations, with the closing of all 328 stores across 41 states. The store closings are part of Chapter 11 bankruptcy proceedings by Franchise Group Inc., its parent company. Franchise...
Blackstone (NYSE: BX) and Retail Opportunity Investments Corp. (NASDAQ: ROIC) announced a definitive agreement under which Blackstone Real Estate Partners X will acquire all outstanding common shares of ROIC for $17.50 per share in an all-cash transaction valued at...
Westcliff, a Montreal-based real estate development and management company, has completed its acquisition of the Champlain Place mall in Dieppe, New Brunswick. Located on a 60-acre site, the 784,372-square-foot Champlain Place is the largest shopping center in New...
The commercial real estate developer Thompson Thrift has purchased approximately 3.68 acres of land for the creation of South Tempe Square, a 27,119-square-foot retail center in Tempe, Arizona. According to the company, the center will consist of four buildings,...
The Bethel Shopping Center, a 101,2050-square-foot retail plaza in Bethel, Connecticut, was sold to the real estate investment trust Phillips Edison & Company (NASDAQ: PECO). The property is 91% leased and anchored by Big Y Supermarket, Starbucks and Dollar Tree;...
State Farm and Allstate Take Steps Toward Reopening California Home Insuran…
