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New Jersey Shopping Center Sells for $14.2 Million

New Jersey Shopping Center Sells for $14.2 Million

by Phil Hall | Sep 5, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

CBRE Group Inc. (NYSE:CBRE) announced the $14.2 million sale of Waretown Town Center, an 87,735-square-foot shopping center in Waretown, New Jersey. The property is located along the Route 9 commuter thoroughfare and is 96% leased, with ShopRite as the anchor store....
Regency Centers Moves into Northern California with New Shopping Plaza

Regency Centers Moves into Northern California with New Shopping Plaza

by Phil Hall | Aug 27, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Regency Centers, an owner/operator and developer of suburban shopping centers, has begun construction on Oakley Shops at Laurel Fields, a new ground-up development in Oakley, California. Oakley Shops will encompass approximately 79,000-square-feet of retail space,...
Kroger Sues FTC Over Attempt to Block Merger with Albertsons

Kroger Sues FTC Over Attempt to Block Merger with Albertsons

by Phil Hall | Aug 22, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Kroger Co. (NYSE: KR) has filed a motion for preliminary injunction against the Federal Trade Commission’s (FTC) challenge to its merger with Albertson’s Companies Inc. (NYSE: ACI), arguing that the agency’s decision to proceed in an administrative...
7-Eleven Parent Company Receives Acquisition Bid

7-Eleven Parent Company Receives Acquisition Bid

by Phil Hall | Aug 19, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Japan’s Seven & i Holdings (OTCMKTS: SVNDY), the parent company of the 7-Eleven chain, has received an unexpected acquisition bid from the Canadian-based Alimentation Couche-Tard Inc. (ACT) (TSX:ACT) that could create one of the world’s largest retail networks....
Trump Organization Plans Residential and Retail Project for Florida Golf Resort

Trump Organization Plans Residential and Retail Project for Florida Golf Resort

by Phil Hall | Aug 15, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Trump Organization is seeking to construct new residences and retail units at one of its Florida golf resorts. Bloomberg reports project would be located at the 600-acre Trump National Doral Miami resort, which is home to a hotel and four golf courses including...
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