Retail

The site for Princeton Crossroads is on the county's largest undeveloped commercial tract, and will include a city hall and park, a retail center, a multifamily project, 333 single-family homes and 166 townhomes.

The assets totaling 26,923 square feet were sold for approximately $7.46 million, which afforded the company to pay down $4.5 million of property-level debt and $1.6 million of its Revere loan.

Learn about how Carvana's “car vending machines” provide high visibility for the retailer's business while engaging buyers with a novelty feel for the car delivery experience, in our exclusive video report.

As industrial properties continue to be all the rage, Innovo Property Group and Square Mile Capital are buying and modernizing another distribution center—this time in Queens.

Although retailers/restaurants continue to lease retail space, others are closing down locations including some big box tenants who have been part of the retail landscape for many years.

The retail town center will serve as the shopping and dining core for the long-anticipated Park Center, an ambitious mixed-use development project in Research Triangle Park that will include more than 1,000 residential units, a hotel, a conference center and more than 1 million square feet of office space.