Retail

The sector saw negligible movement in the overall cap rate, which dropped 3 bps.

Market by Macy's is part of the major retailer's omnichannel platform, which is designed to attract new customers and create new in-store experiences.

The firm is refinancing a mixed-use portfolio of 30 retail, medical and office assets in Pennsylvania and Maryland.

The steakhouse chain's 100-store expansion is built around a reduced footprint that lowers construction costs by 20%.

The acquisition of the North American real estate advisory aligns with the firm's strategy to scale its service offerings in key markets, internationally.

The firm has purchased 15 retail assets along Henderson Ave. from CIM Group and Open Realty Advisors.

CrowdStreet has ranked 10 asset classes from strongest to weakest according to their ability to serve as inflation hedges.

The company plans to create a REIT to hold and operate the portfolio.