GLENDALE, AZ—Investors gravitate toward neighborhood grocery shopping center anchored by the dominant grocer in the market, and strategically located street retail near a freeway.

NEW YORK CITY—Officials from New York and New Jersey announced a critical agreement that will help finance the construction of the multi-billion dollar Amtrak Gateway Tunnel project.

NEW YORK CITY—Target has revealed plans to open its first store in Lower Manhattan.

NEW YORK CITY—For Blackstone's Strategic Partners unit, the deal represents "a marquee transaction"; CalPERS' Paul Mouchakkaa said in June the pension fund sought to reduce "costs, risk and complexity."