In the much-watched deal between Supervalu and a consortium of investors led by Cerberus Capital Management, Kimco Realty Group – along with several other real estate companies — has emerged as a player.
Agree Realty Corp. said it acquired a portfolio of four Applebee's restaurants, as well as an Advance Auto Parts in late December 2012 for about $10 million.
A report by Levin Management Corp. found that leasing activity in New Jersey, New York and Pennsylvania improved in 2012.
Chattanooga, Tenn.-based CBL & Associates Properties announced that it plans to acquire Kirkwood Mall, located in Bismarck, N.D., from Radiant Partners.
Brixmor Property Group announced a 24,920-sq.-ft. lease was executed with Jo-Ann Fabric and Crafts at Conyers Plaza, located in Conyers, Ga.
Law firm Duane Morris announced that it has named partners Chester Lee in New York and George Kroculick in Philadelphia as co-chairs of its firmwide Real Estate Practice Group.
Cohen Real Estate said that it has brokered the sale of Newington Fair Shopping Center for $17.5 million to Inland Diversified Real Estate.
Winick Realty Group announced that European Wax Center has signed a lease for its first Murray Hill location at 222 East 34th Street, between Second and Third Avenues.
CBRE Group reported that, despite sluggish economic growth, the U.S. commercial real estate market remained on a recovery path in fourth quarter 2012.
Destination Maternity Corp. said it is opening its first Destination Maternity store in Canada on Thursday in Calgary, Alberta, at the Kingsland Village retail development.