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AB “Tewox” completes EUR 8 million retail park project in Utena: the first store to open is “Iki”
Globenewswire· 2025-12-12 06:30
Core Points - UAB "Janonio 27", managed by AB "Tewox", has completed the construction of a retail park in Utena, which will start operations on December 12, 2025 [1] - The retail park will feature tenants such as "Iki", "Žalia stotelė", and "Sinsay", occupying a total of approximately 3,200 square meters [1] - The total investment in the retail park amounts to EUR 8 million, marking one of Tewox's first projects to become operational [2] - Tewox plans to open three additional projects currently under development in various cities across Lithuania in the first half of next year [2]
US retailers buy up real estate again as market tightens
Yahoo Finance· 2025-12-11 09:35
In a significant reversal of recent years’ trends, retail chains in the United States are once again expanding their physical footprint — a move that signals renewed strength in retail real estate even amid macroeconomic headwinds. According to real-estate data firm CoStar Group, retailers moved into 5.5 million more square feet than they vacated in the third quarter of 2025. This resurgence comes as vacancy rates tighten and new construction lags The uptake in store space has coincided with historical ...
Primaris REIT Provides Leasing and Status Update on Former Anchor Space
Businesswire· 2025-12-10 12:50
TORONTO--(BUSINESS WIRE)--Primaris Real Estate Investment Trust ("Primaris†or the "REIT†) (TSX: PMZ.UN) is pleased to provide an update on leasing and redevelopment progress for its former anchor space, following the full disclaimer of all remaining Hudson's Bay Company ("HBC†) leases across its national enclosed shopping centre platform. Primaris now has full control of all 1.3 million square feet (sq.ft.) of former HBC gross leasable area ("GLA†) and 0.5 million sq.ft. of former Sears space, and has ...
CTO Realty Growth Announces the Opening of New Fitness and Dining Concepts at Beaver Creek Crossings
Globenewswire· 2025-12-09 21:05
WINTER PARK, Fla., Dec. 09, 2025 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”), an owner and operator of high-quality open-air retail centers located primarily in higher-growth markets in the Southeast and Southwest regions, announced the grand openings of two new tenants at Beaver Creek Crossings in the Raleigh-Durham metro area: One Life Fitness (45,000 square feet) and Lime & Lemon Indian Grill & Bar (6,600 square feet). One Life Fitness, a health club operator with mor ...
Retail Conundrum: Prime Space in High Demand, but There’s Little Availability
Yahoo Finance· 2025-12-09 16:03
“People also want to know what’s going on in the capital markets and what they should be looking for in 2026,” Cegielski said. “They’re concerned about inflation, regulatory issues, the cost of goods, the impact of tariffs and interest rates on construction loans, which can range from 6 to over 10 percent, and carry fees as well.“The people who do not know how to use AI will be replaced by people who do know how to use it,” Cegielski said. “Personally, I spent a lot of time this year looking at it, studying ...
CTO Realty Growth Announces New Leasing at Albuquerque, New Mexico Property, Maintaining Leased Occupancy at 100%
Globenewswire· 2025-12-08 11:55
Core Insights - CTO Realty Growth, Inc. has fully leased its last non-core office building, totaling 212,000 square feet, to two investment-grade tenants: Fidelity and the State of New Mexico [2][3] - The State of New Mexico has amended its lease to increase its total space to 98,000 square feet, with a 10-year agreement and two five-year options [3] - Fidelity has reduced its occupied space to 114,000 square feet, with its lease running through November 2028 and including two five-year options [3] - The blended annualized base rent for the property is expected to grow by approximately 9% upon the commencement of rent [4] Company Overview - CTO Realty Growth, Inc. specializes in owning and operating high-quality open-air shopping centers located in higher-growth markets in the Southeast and Southwest regions of the United States [4] - The company also manages and holds a significant interest in Alpine Income Property Trust, Inc. [4]
Wall Street Sees a 25% Upside to Phillips Edison & Company (PECO)
Yahoo Finance· 2025-12-04 22:10
Phillips Edison & Company, Inc. (NASDAQ:PECO) is one of the best high growth stocks to consider. As of December 1, the average price target for PECO suggests an upside of nearly 11%; however, the Street high suggests an upside of 25%. Previously, on November 18, Richard Hightower from Barclays assigned a Hold recommendation on Phillips Edison, with a price target of $40. Wall Street Sees a 25% Upside to Phillips Edison & Company (PECO) Photo by Fikri Rasyid on Unsplash Separately, on October 23, Phillip ...
SITE Centers Provides Update on Disposition Activity and Go Forward Plan
Businesswire· 2025-12-04 21:06
Dec 4, 2025 4:06 PM Eastern Standard Time SITE Centers Provides Update on Disposition Activity and Go Forward Plan Share $3.7 Billion of Assets Sold Since Spin-Off Announcement Representing 64 Retail Properties and One Land Parcel with Proceeds Primarily Used to Repay Debt and Return Capital to Shareholders Declared Over $380 Million of Distributions to Shareholders Since the Spin-Off Announcement in the Form of Special Dividends Representing $7.39 per Share Distributed Shares of Curbline Properties to SITE ...
Electrify America and Simon® Collaboration Surpasses 500 Hyper-Fast Chargers
Prnewswire· 2025-12-03 15:00
Core Insights - Electrify America and Simon have collaborated to expand electric vehicle (EV) charging access at retail locations, achieving over 549 million EV miles powered since the initiative's launch [1] - The partnership has successfully installed more than 500 Hyper-Fast chargers across 105 stations in 27 states and two Canadian provinces [1] - The Hyper-Fast chargers can deliver charging speeds of up to 350 kilowatts (kW), allowing compatible vehicles to charge in as little as 20 minutes [1] Company Overview - Electrify America is the largest open Hyper-Fast charging network in the U.S., investing over $2 billion in Zero Emission Vehicle (ZEV) infrastructure [1] - Simon is a real estate investment trust (REIT) that owns premier shopping, dining, and entertainment destinations, generating billions in annual sales [1] Collaboration Impact - The collaboration has integrated EV charging with shopping, dining, and entertainment, enhancing convenience for EV drivers [1] - The Electrify America mobile app facilitates seamless charging experiences by allowing users to locate chargers, view pricing, and monitor charging progress [1] - The partnership aims to support the transition to electric mobility by providing charging solutions in high-traffic retail areas [1]
FRT Expands Its Portfolio With Village Pointe Buy: Can It Fuel Growth?
ZACKS· 2025-12-02 15:31
Key Takeaways FRT acquired the 453,000-square-foot Village Pointe open-air lifestyle center for $153.3M.The asset offers 6 million annual visits, affluent demographics and premium national retailers.The deal supports Federal Realty's ongoing strategy of buying market-dominant retail properties.Federal Realty (FRT) recently announced the buyout of Omaha’s key open-air lifestyle center, Village Pointe, for $153.3 million. Spanning 453,000 square feet, the asset under consideration is located in one of the m ...