Two prominent retail properties on Boston's Newbury Street have changed hands in a $113.5 million deal brokered by Newmark, underscoring sustained investor appetite for well-positioned urban retail corridors. The transaction highlights the enduring appeal of the Back Bay neighborhood among commercial real estate investors.
Two prominent retail properties on Boston's Newbury Street have changed hands in a $113.5 million deal brokered by Newmark, underscoring sustained investor appetite for well-positioned urban retail corridors. The transaction highlights the enduring appeal of the Back Bay neighborhood among commercial real estate investors.
A 113,601-square-foot grocery-anchored shopping center in Eden Prairie, Minnesota, has traded hands for $27.7 million. Cushman & Wakefield brokered the transaction, highlighting sustained institutional demand for essential retail assets in suburban Minneapolis.
Phillips Edison & Co. has expanded its Midwest footprint with the $27.7 million acquisition of a grocery-anchored shopping center in suburban Minneapolis. The 113,601-square-foot property features a recently renovated lineup of national credit tenants.
Saks Global Enterprises has resolved its legal standoff with Simon Property Group while simultaneously securing creditor backing, accelerating its emergence from Chapter 11 protection. The dual agreements mark a pivotal step in stabilizing the iconic luxury department store's operational and financial footing.
A comprehensive look at the national office market heading into 2026 — from tightening availability in gateway cities to the Fed's rate path and REIT performance.