The Shops at Laguna Reserve, a 33,308-square-foot, fully leased shopping center in Elk Grove, California, has sold for $19.1 million. The property encompasses four parcels totaling 4.16 acres. Six pad buildings were constructed in 2005, and the center is shadow...
The retailer Toys R Us has announced plans to open new flagship stores and seasonal holiday shops for the upcoming year-end holiday season. The company will operate eight flagship stores at the following retail outlets: Chicago Premium Outlets – Aurora, Illinois (now...
CVS Pharmacy has completed its acquisition of select assets of the now-defunct Rite Aid pharmacy chain. According to the Woonsocket, Rhode Island-headquartered company, it is now operating 63 former Rite Aid and Bartell Drugs stores in Idaho, Oregon and Washington and...
Federal Realty Investment Trust (NYSE: FRT) announced its $187 million acquisition of Annapolis Town Center, a 480,000-square-foot open-air shopping center in Anne Arundel County, Maryland. The 19-acre property was constructed in the 1960s as an enclosed mall and...
Getty Realty Corp. (NYSE: GTY), a New York City-headquartered REIT focused on convenience and automotive retail real estate, announced its acquisition of 12 convenience stores for $100 million along with a long-term, unitary net lease with a subsidiary of Now &...