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CommercialIndustry NewsRetail

Barnes & Noble, Discount Retailer and Asian Grocer Anchor South Hill Mall’s New Chapter in Puyallup

A major reinvention is underway at South Hill Mall in Puyallup as national bookseller Barnes & Noble prepares to open a new 19,000-square-foot...

getty-images-6_CZsWwhZAk-unsplash-shopping mall
FinanceIndustry NewsPortlandRetail

Macerich Secures $340MM Financing for Washington Square Mall in Tigard as Part of Portfolio Optimization

The Macerich Company (NYSE: MAC), a leading owner and operator of shopping centers, has closed on a new $340 million mortgage loan for...

shopping carts generic
FinanceIndustry NewsRetail

8,800 SQFT Retail Property in Olympia Listed for $6.47MM

A fully leased, multi-tenant retail property located at 1401 Cooper Point Road SW in Olympia has hit the market for $6.47 million, translating...

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FinanceIndustry NewsRetail

3,800 SQFT Free-Standing Kura Sushi in Lynnwood Listed for $6.95MM

According to the offering materials, the asset is supported by a new 15-year absolute net lease with no landlord responsibilities, offering long-term income...

macys
Industry NewsNews ReleasesPortlandRetail

Macy’s, Confirms 66 Planned Store Closures Throughout U.S., Includes West Coast Locations

As previously disclosed, the 66 Macy’s locations will close as part of the company’s Bold New Chapter strategy (Editor’s Note: The California locations...

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FeaturedIndustry NewsRetail

Northmarq: Big Names in Retail Planning for Growth in 2024

As brokers, developers, retailers, investors, and more prepare for the industry’s largest event of the year, May 2024’s ICSC Las Vegas, several of...

FeaturedIndustry NewsRetail

Macy’s Announces “A Bold New Chapter” – Plans to Close 150 Locations Through 2026

Strengthens the Macy’s Nameplate, Accelerates Luxury Growth and Simplifies and Modernizes End-to-End Operations Focuses Macy’s resources by closing approximately 150 underproductive locations through...

FinanceIndustry NewsNews ReleasesPortlandRetail

Balboa Retail Partners Buys 372,000 SQFT The Streets of Tanasbourne in Hillsboro for $53.5MM

(Editor’s Note: Public records show the sale price was $53.5 million, or approximately $143 per square foot. The property had a $92.5 million...

Brixton Capital, Sears, Everett Mall, At Home Stores LLC, ULTA Beauty, Everett, Macy’s, Puget Sound, Mattis Partners, Real Retail, Northwest Retail Partners, MG2, Bayley Construction, Solana Beach, San Diego County
Industry NewsNews ReleasesRetail

At Home Stores LLC, ULTA Beauty Sign Separate Leases Totaling 95,000 SQFT in Everett Mall Redevelopment

EVERETT, Washington (Mar. 9, 2023) – After starting demolition earlier this year, property owner Brixton Capital has signed leases with two major retailers...

CommercialFinanceIndustry NewsNews Releases

KKR & Urban Renaissance Group Acquire 300 Pine in Downtown Seattle for $580MM

(EDITOR’S NOTE: According to sources familiar with the transaction, the property sold for $580 million.) Iconic 770,000 SF, Eight-Story Historic Mixed-Use Building to...

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