
Retail Landlords Leverage Record-Low Vacancies to Fortify Against Potential Downturn
Retail landlords are tightening lease terms as national vacancy hits 4.3% and Moody's puts recession odds at 49%, per Bisnow.
110 stories on retail in commercial real estate.

Retail landlords are tightening lease terms as national vacancy hits 4.3% and Moody's puts recession odds at 49%, per Bisnow.

SRS Real Estate Partners brokered the $9.4M sale of a 64,626 SF Academy Sports + Outdoors in Madison, Mississippi to a publicly traded REIT.

MetroNational has acquired M-K-T Heights, a 218,000-square-foot mixed-use adaptive reuse campus in Houston's Heights neighborhood, via a joint venture with Radom Capital and Triten Real Estate Partners.

Carolina Commercial has broken ground on an $18M renovation of the 250,000-sq-ft Biggs Park Mall in Lumberton, NC, bringing in T.J. Maxx, Burlington, and Five Below.

Gantry secured a $22M five-year fixed-rate loan for Chesterfield Commons, a 750,000 SF St. Louis power center anchored by Walmart, Sam's Club, Lowe's, Best Buy, and Ross.

JLL Capital Markets arranged $74.5M in refinancing for the Shops at Stonefield, a 267,294 SF Trader Joe's-anchored center in Charlottesville, VA.

BC Wood Properties acquired Fairfield Shopping Center in Virginia Beach for $34.9M. The 184,106-SF grocery-anchored center is anchored by Food Lion and T.J. Maxx.
Hanley Investment Group brokered the $5.2M sale of two Quick Quack Car Wash properties in Hesperia and San Bernardino on 20-year NNN ground leases.

Continental Realty Corp. acquired the 136,327-SF West Ashley Shoppes in Charleston from Ziff Real Estate Partners for $22.6 million, with the center 90% leased at close.

Pop Mart has signed a 7,600-square-foot lease at 680 Fifth Avenue in Midtown Manhattan, expanding its NYC retail footprint to five locations.

Hydrogen Fitness signed a 15-year lease for 17,000 sq ft at 145 East 32nd Street in Manhattan's Murray Hill, marking the brand's first NYC location.

Hendricks Commercial Properties plans to invest $14.1M at Fritz Farm in Lexington, KY, adding 30,000+ sq ft across three retail buildings by December 2026.