PCCP provides loan for 345-unit multifamily project in Hoboken, New Jersey
Developer Irongate lands construction financing for New Jersey transit-oriented complex
PCCP has approved a $162 million senior construction loan to Ironstate Holdings for the ground-up development of Hoboken Urby, a transit-oriented multifamily project.
American Dream megamall is unlawfully staying open on Sundays, suit alleges
Mall mecca Paramus, New Jersey, takes shopping center to court over uncommon blue laws
A New Jersey municipality that’s a hub for malls and shopping strips has filed suit against the mega retail center American Dream, alleging the property is violating local blue law...
Claire’s trims planned store closings to less than 300
Tween retailer identifies over 800 brick-and-mortar sites to keep open
Tween retailer Claire’s reduced an initial store closing estimate by identifying roughly 300 locations to shutter, a move it said could leave about 800 in operation under the chain...
Dillard’s joins list of retailers-turned-landlords with Texas mall purchase
Department store chain spends $34 million along with partner Trademark Property Co.
A Texas mall has sold in a deal to its anchor tenant Dillard’s, along with developer Trademark Property Co., as U.S. retailers buy shopping centers where they have stores to get mo...
Immersive Netflix House locations scheduled, marking atypical openings for a studio
Streamer’s brick-and-mortar stores aim to capitalize on its hit shows
Streaming giant Netflix has set the debut dates for a different type of opening for a studio owner: its new interactive entertainment-and-retail venues near Philadelphia and in Dal...
Retailer Car Toys plans sale of 35 stores as part of bankruptcy
Auto accessory chain aims to divest most of its brick-and-mortar fleet
Car Toys, an auto parts and accessories retailer, plans to sell most of its store fleet after joining the growing group of chains that are seeking bankruptcy protection.
Buyer gets big bargain on retail component of former New York Times headquarters
New owner pays $28 million for property Kushner Cos. got for $296 million in 2015
The retail component of the former New York Times headquarters in Manhattan has sold for $28 million, a small fraction of the price that Kushner Cos. paid for it a decade ago befor...
Macerich hires CBRE to help fill downtown Philadelphia mall
Landlord’s internal team to work alongside real estate services firm
Retail landlord Macerich has retained CBRE to assist it in leasing at its Fashion District mall in Philadelphia’s City Center neighborhood.
Lowe’s targets building professionals with $8.8 billion acquisition
Home improvement giant nails down deal to buy California drywall, interior hardware company
Home improvement chain Lowe’s Cos. is making an $8.8 billion acquisition that intensifies its competition with Home Depot to attract professional builders as customers.
Berkshire picks up second New Jersey apartment complex from Veris
Boston firm pays $117 million for Park Ridge multifamily property
Boston-based Berkshire has acquired a second apartment complex in North Jersey's suburbs from Veris Residential, paying $117 million for the property in Bergen County.
Claire’s finds buyer for almost 1,000 stores, avoids liquidation
Retail holding company Ames Watson plans to keep tween jewelry chain alive
Tween retailer Claire’s has lined up a buyer for up to nearly 1,000 of its stores, keeping the mall staple alive under the new ownership and avoiding liquidation of the chain.
Luxembourg company snaps up SoHo building
New York property, sold for for $21 million, is home to storefront retail, housing
A Luxembourg-based company has scooped up a mixed-use building in New York’s SoHo neighborhood, a retail mecca, for $21 million.
New Jersey warehouse sells for double previous price
Principal Real Estate buys Meadowlands property from Hampshire, Invesco
Hampshire Cos. and Invesco Advisers have sold a warehouse in the New Jersey Meadowlands for $74.5 million, roughly twice the price they paid for it a little over two years ago.
Dragos Capital buys 18 CVS-leased pharmacies
Private equity firm expands triple-net-leased holdings with store purchases
The private equity firm Dragos Capital has acquired a portfolio of 18 retail properties leased by the pharmacy chain CVS Health.
This New Jersey city rescinded a tax break coveted by developers. One is suing.
Hackensack City Council scrubs deals for three projects
One real estate firm has already filed suit after Hackensack, New Jersey, rescinded financial incentives for its project and two others in a move that reflects the kind of backlash...
Ulta, Target to scrap their in-store beauty shop foray
Partnership aimed to lure new customers, boost foot traffic
Target and Ulta Beauty are parting ways.
Burlington rolls out this new look in more than 500 stores
Retailer expects to convert rest of its 1,000-plus fleet by end of 2026
Growing off-price retailer Burlington Stores has revamped about half of its brick-and-mortar retail fleet, with its remaining locations expected to convert to the new format by the...
Canadian giant Gildan to buy HanesBrands for $2.2 billion
Deal aims to bolster basic apparel companies’ supply chain, manufacturing
Canada’s Gildan Activewear, one of the world’s largest makers of basic apparel, is buying HanesBrands for $2.2 billion in a move to create a clothing powerhouse with more than 40 m...
Mall owner Macerich sees robust leasing as it looks for new kinds of tenants
REIT signs Dick’s House of Sport at two former Sears locations
Retail landlord Macerich has new leases signed or offered out for stores totaling 3 million square feet, including several Dick's House of Sport locations, as it looks to fill vaca...
Woodmont begins work on Woodbridge, New Jersey, luxury apartments
Complex sits near Metropark transit hub on Northeast Corridor rail line
Woodmont Properties has broken ground on a transit-oriented luxury apartment complex in the Metropark area of Woodbridge, New Jersey.