The following quotes where used in the Tri-Land Grocery+ LLC material dated 4/2023. CBRE U.S. Market Outlook Report 2022 https://www.dropbox.com/s/ofh2mcvl75dqrml/2022%20U.S.%20Market%20Outlook_CBRE.pdf?dl=0 Grocery-anchored retail assets were resilient during the pandemic. This sub-sector adapted quite well to online innovations such as curbside pickup and third-party delivery services. Grocery-anchored centers will remain the gold standard of retail investments. With …
What is a mall or shopping center or retail center? Better yet, what is the definition of a retail shopping center? Retail properties all have the same end goal, to sell products to consumers. How each retail center is constructed or designed may vary in size, shape and format. There is not a one-size-fits-all approach …
When it comes to passive real estate investing, it seems like everyone has an opinion. Some say it is best to buy real estate and manage it yourself, while others say to simply invest in a public REIT and have it managed by a professional while paying high fees. In general, real estate is an …
Indianapolis grocery-anchored retail center sells for $22.283M Tri-Land Properties sold a neighborhood retail center anchored by Kroger and Ross Dress for Less in Indianapolis, Indiana. First National Realty Partners acquired Southern Plaza from Tri-Land Properties who was represented by Prodigy Real Estate Group Co-Founder, John May. This 266,000 square-foot, neighborhood shopping center is anchored by …
Academy Sports + Outdoors is entering new markets as part of its store expansion plans. The sporting goods and outdoor recreation retailer is expanding its footprint in Florida with its first locations in the Tampa Bay area. Academy will open at The Shoppes at Park Place in Pinellas Park in winter 2022 and at Cypress …
Atlanta-area retail center in booming submarket sells for $18.2M JLL Capital Markets closed the sale of the neighborhood retail center shadow anchored by Kroger in Smyrna, Georgia JLL Capital Markets announced today that it has closed the $18.2 million sale of The Crossings at Four Corners, a 59,987-square-foot, neighborhood shopping center shadow anchored by a …
Prices of retail property are looking attractive after years of weak growth. Private investors are snapping up shopping centers and other bricks-and-mortar real estate, a bullish sign for the beleaguered retail property sector as it emerges stronger than expected from the Covid-19 pandemic. While many real-estate investment trusts and other big players remain cautious, retail …