Retail

The new Tommy's Tavern + Tap will be located next to Barnes & Noble and across from Corner Bakery and will total 8,740 square feet.

RUTHERFORD, NJ—Commercial brokerage firm Savills reports it has launched a new specialization that will be focused on property disposition services.The…

Specifically, the retail sector experienced the greatest cap rate compression by four basis points to 6.23%. Moreover, this was the first quarter of downward cap rate movement for the retail sector following five consecutive quarters of upward movement.

Maven Properties, a new commercial real estate team known for curating neighborhood retail renaissances, has been named to handle leasing and marketing advisory for the center.

When marketing the Robinson-Rosner Building, CBRE was not surprised to receive interest and offers from both national and international investors for a rare opportunity to purchase a historic building.

The ownership secured $550 million in financing to develop an additional 300,000 square feet at the iconic 463,114-sqiare-foot luxury shopping center. The expansion will include a 57,414-square-foot space to be occupied by Barneys New York, which will be Barneys' only flagship store in the southeastern United States.