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HACKENSACK, NJ—In Bergen County's largest year-to-date office trade, Capstone Realty Group and JD Companies purchased Continental Plaza, a 650,000-square-foot, three-building property in Hackensack
NEW YORK CITY—Located in the Times Square South corridor, the 540,000-square-foot property features fully leased office space and retail space that is undergoing a revitalization.
SAN DIEGO—Recent retail mergers and bankruptcies keep the focus on discovering the next new retailer to compete against traditional brands, or the next restaurant trend to replace the current passing fad, Coreland Cos.' Matt Hammond tells GlobeSt.com in this <b>EXCLUSIVE</b> post-ICSC Western States interview.
AUSTIN, TX—Additional leases add to quarterly stats, as citywide vacancy hit 6.7% last quarter, the lowest in almost two decades, with warehouse vacancy of 5.1% and three submarkets reporting vacancies of less than 3%.
TUCSON, AZ—The former Raytheon Missile Systems flex office building recently sold for $10.5 million and a multi-tenant office/industrial property just gained another tenant, manufacturer WR Group.
HOUSTON—Baker Katz is beginning the buildout of a 13,250-square-foot Boot Barn, which will hold an anchor position as a national brand, along with efforts to enhance parking and upgrade the tenant mix at the center.
DALLAS—In a backfilling of approximately half of an anchor space that formerly was occupied by Best Buy, Guitar Center has leased junior anchor space at Cedar Hill Pointe and is scheduled to open this fall.
WASHINGTON, DC—Listed REITs posted returns nearly double those of the broader equity market in the first eight months of the year, according to NAREIT data.