Tag: Retail

LBG and Aviva Investors Sell Prime Las Vegas Retail Property for $23MM

Home-Depot

A joint venture between LBG Real Estate Companies, LLC and Aviva Investors just recently sold a single-tenant retail property located in Henderson, a Las Vegas suburb. The undisclosed buyer paid a whopping $23.1 million for the property. The deal was…

PREIT sells Two Philadelphia Assets for $45MM

1520-Chestnut-Rendering

This week, PREIT sold two retail assets in center city Philadelphia to PH Retail, an affiliate of Post Brothers, for $45 million. One of the properties is located at 1501-05 Walnuts St. and is inhabited by an AT&T Mobility flagship…

Why Pop-Up Shops aren’t Just a Trend

Pop-Up Shops

It’s funny how the overall needs of urban communities translate throughout most sectors of commercial real estate. Just think of the current needs of people today! We place a high level of value on characteristics like walkability (urban) and want…

Mensch & Schlemiel: Mark Horgan, Richard Basciano

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  Mensch  Noun, informal. A decent, upright, mature and responsible person. Schlemiel  Noun, slang. An awkward, clumsy, or unlucky person whose endeavors tend to fail; a loser. Mensch of the Week:  Mark Horgan,  Executive VP, CIO of Brixmor Property Group Well, Brixmor…