Macys
SRS Completes $20MM Sale of Retail Property in Stockton, CA
Newport Beach, Calif. (December 6, 2018) – SRS Real Estate Partners’ Investment Properties Group has completed the $20 million sale of College Square,...
LBG Real Estate to Breathe New Life and $1B into Distressed Richmond Mall
By Meghan Hall The traditional American mall has changed dramatically over the past decade as brick and mortar stores have learned to compete...
TRI Pointe Homes Opens Lantana in Fairfield, CA
Fairfield, CA (Oct. 10, 2018) – Join the Grand Opening Celebration festivities Saturday, October 13th, at our newest community, Lantana At The Villages...
MetLife & Northwestern Mutual Provide $450MM Loan for Broadway Plaza in Walnut Creek
WHIPPANY, N.J. (July 16, 2018) – MetLife Investment Management, MetLife Inc.’s (NYSE:MET) institutional asset management platform, and Northwestern Mutual have made a $450...
SRS’ National Net Lease Group Brokers Sale of Walgreens in Citrus Heights, California
Secured buyer for a Walgreens with a required CMBS loan assumption San Diego, Calif. (April 26, 2018) – SRS’ National Net Lease Group...
Macy’s Considering Selling I. Magnin Building in San Francisco’s Union Square
By Jon Peterson Cincinnati-based Macy’s is now exploring opportunities to sell the 243,000 gross square foot I. Magnin portion of the main Union...
General Growth Looking at Mix of Retail and Entertainment for Macy’s in Stonestown
By Jon Peterson Chicago-based General Growth Properties is looking at replacing the Macy’s store in the Stonestown Galleria located at 3251 20th Avenue...
McNellis: Is Macy’s Amazon’s Next Target?
By John McNellis “Amazon wrecked the mall. Now it’s coming for the grocery store.” Chris Isidore CNN Money “The 40,000 square foot market...
Short the (Department Store) Stock
By John Cumbelich [dropcap]T[/dropcap]he Department Store business model is dead. Macy’s and JC Penney are closing stores by the hundreds. Sears is on...
GGP Buys Macy’s Store in Stonestown for $40.7MM
By Jon Peterson Chicago-based GGP has paid $40.7 million or $148.9 per square foot to acquire the 280,000 Macy’s store in the 840,000...
Macy’s Sells San Francisco’s Stonestown Property for $42.8MM, Plans to Lease it Back
(EDITOR’S NOTE: According to public documents reviewed by The Registry, Macy’s sold the store for $42.8 million in a transaction that closed on...
