Carolina Commercial is injecting $18 million into a major renovation of the 250,000-square-foot Biggs Park Mall in Lumberton, signaling strong confidence in the southeastern North Carolina retail submarket. The ambitious redevelopment aims to reposition the shopping center to better attract modern tenants and adapt to evolving consumer habits.
Carolina Commercial is injecting $18 million into a major renovation of the 250,000-square-foot Biggs Park Mall in Lumberton, signaling strong confidence in the southeastern North Carolina retail submarket. The ambitious redevelopment aims to reposition the shopping center to better attract modern tenants and adapt to evolving consumer habits.
A dominant St. Louis suburban retail hub has secured $22 million in permanent financing to replace maturing debt. The deal underscores sustained lender confidence in grocery-anchored and big-box retail centers backed by national credit tenants.
JLL Capital Markets has facilitated a $74.5 million refinancing package for the Shops at Stonefield, a 267,294-square-foot grocery-anchored retail destination in Charlottesville, Virginia. The transaction underscores sustained lender demand for essential-retail properties in tertiary markets.
JLL Capital Markets has successfully closed a $7.5 million permanent loan to refinance a 64,376-square-foot retail and office property situated at 200 Pine Avenue in Long Beach, California. The transaction highlights the ongoing institutional interest in stabilizing mixed-use assets within the active Southern California coastal market.
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.