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Slate Grocery REIT to acquire $390m grocery-anchored portfolio

Slate Grocery REIT, an owner and operator of U.S. grocery-anchored real estate, has agreed to acquire a grocery-anchored portfolio comprising 25 properties and 3.1...

Aldi to open 100 new stores in U.S this year

Supermarket giant Aldi announced that it will open approximately 100 new stores in the U.S. in 2021 with a focus on Arizona, California, Florida and the Northeast. Aldi...

Simon completes acquisition of Taubman Centers

Simon Property Group has completed its acquisition of an 80% ownership interest in The Taubman Realty Group Limited Partnership (TRG). Under the terms of...

CBL Properties files for voluntary Chaper 11 bankruptcy protection

CBL Properties said on Monday that CBL & Associates Properties, Inc., CBL & Associates Limited Partnership (the Operating Partnership), and certain other related entities...

PREIT files for Chapter 11 petition to execute financial restructuring plan

Mall owner PREIT, owns and operates over 22 million square feet of retail space in the eastern half of the United States, has filed a...

HBC unveils HBC Properties and Investments

HBC has unveiled HBC Properties and Investments (HBCPI), a dedicated real estate and investments business to manage, maximize and enhance the company’s robust portfolio...

Retail sales growth speeds up as September marks fourth month of...

A strong rebound in apparel led a continuing V-shaped recovery from the pandemic as retail sales accelerated their rate of growth in September and...

ICSC forecasts increased spending, longer holiday shopping season

ICSC expects 1.9 percent spending increase, bolstered by an earlier start to holiday shopping Consumers are expected to provide a boost for retailers this holiday...

Thompson Thrift to develop shopping center in Naperville, Illinois

Thompson Thrift Retail Group, a wholly-owned company of Indianapolis-based Thompson Thrift, has acquired a 4.2 acres of land to develop a $19 million shopping...

Papa John’s signs deal to open 49 new stores in Philadelphia...

Papa John’s has signed a store development agreement to expand in the Philadelphia area, according to a press release. Under the agreement, HB Restaurant...

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