Retail

Before retail owners look to add another asset class, the fundamentals of the retail center should be healthy.

The property sales included 24 bank branches, 15 discount stores, 15 day cares and 14 restaurants across 15 states.

In a GlobeSt.com interview, Case Equity Partners explains how shopping fulfillment centers may become the newest form of retail.

George Comfort & Sons' Duncan, who noted that the firm has holdings and development projects in New York City, Westchester and Fairfield County, CT, said that the city's suburbs should benefit from what he still considers will be a “very robust” New York City commercial market.

In the fourth quarter, the Rochester, NY-based private REIT managed by Broadstone Real Estate, LLC, purchased 43 properties for approximately $241.5 million.

The Station will feature approximately 400,000 square feet of commercial and retail space, more than 600 apartment homes as well as more than 250 single-family homes that are to be built by Ashton Woods and K. Hovnanian Homes.