JLL APAC Retail’s Post

WA Maddington Central sale finalised by Realside Property for $107 million - CBRE Perth’s Maddington Central sold to @Realside Property for $107 million by CBRE agents Simon Rooney and James Douglas. Linda Rudd, Realside Chief Executive Officer, said, “Realside is excited to finalise the acquisition of Maddington Central, a shopping centre that we have particularly coveted given the significant mixed-used opportunity that the property provides. This is our first retail acquisition and has created a key opportunity to diversify and expand on our existing office and industrial portfolio. It provides Realside the ability to bring together the collective experience of our team to deliver an improved retail offering.” Simon Rooney, CBRE’s Head of Retail Capital Markets – Pacific, noted, “The West Australian retail market continues to be a focus for investors given the state’s solid economic fundamentals, which have translated into robust retail asset performance.” Read more on COMMO - https://lnkd.in/ghbEk-F4 CBRE Simon Rooney James Douglas Linda Rudd Realside Michael Hedger Joe Tynan CBRE Asia Pacific CBRE Retail Aaron Desange Mark Vonic Matthew McNeilly Kevin Lim Logan Trouchet Bibiana Yeung Claire Sligar Tyler Mackey Leon Stojmenov Kate Stevenson Katrina Christie Ingrid Gray Rebecca Brammah Lauren Trigg #latestwanews #washoppingcentresold #realsidepropertypurchase #retailnews #waretaillnews #cbre #cbreretail #perthre #westernaustralia #shoppingcentre #retailrealestate #reatilproperty #retailinvestment #perthrealestate

JLL is pleased to have advised Haben Property Fund on their purchase of the remaining 50% in Stockland Townsville. Haben now owns a 100% interest in the asset with management. Opportunities to control and own 100% interest in Regional Shopping Centres are scarce with only four transactions occurring over the past 10 years. We are currently experiencing an elevated level of deal activity as the year ends and anticipate this momentum to carry though to 2024. Congratulations to all parties involved in the transaction. For more information on this deal please reach out. #AustralianRetailProperty #CommercialRealEstate #CRE #RetailInvestment #CapitalMarkets #ShoppingCentre #ShoppingCentreInvestment #PropertyInvestment #InvestmentProperty #RetailAssets #CommercialProperty #AustralianCRE #RealEstateFinance #RetailPortfolio #PropertyDevelopment #InvestmentOpportunity #RetailStrategy #AssetManagement #PropertyMarket #RealEstateInvestor #RetailTrends #AustralianEconomy #MarketAnalysis

Dan Murphy’s in Cheltenham for sale by JLL and Gorman Commercial Real Estate JLL’s, Tom Noonan, Stuart Taylor, Jarrod Herscu and MingXuan Li 李名轩 together with Gorman Commercial Real Estate agents Tom Maule and Jonathon McCormack bring to the market Dan Murphy's Cheltenham for sale. Tom Noonan, Director of Retail Investments at JLL said “We are anticipating significant interest in the asset, with Dan Murphy’s investments being one of the most sought-after retail covenants in the retail market – since 2014 there have been 10 metropolitan Dan Murphy’s transactions at an average yield of 3.89%” Tom Maule, Director at Gorman Commercial said “The freestanding Dan Murphy’s was built new in 2019 and forms Stage 1 of Cheltenham Quarter which has been developed by Brix Property.” Adam Brick, Managing Director, Brix Property Group said “Securing Dan Murphy's as an anchor tenant was pivotal in establishing Cheltenham Quarter as a key activity hub. As we near the completion of Stage 2, we’re seeing strong market demand from businesses eager to be part of this thriving precinct." Read more on COMMO - https://lnkd.in/gu3M3CzA Dominic McGrath Vicki Robinson Sam Hatcher Nick Willis Jacob Swan David Mahood Sebastian Fahey Ned McKendry Phoebe Cooney Sam Linden Will Morris Hannah Brisbane Liam Cox Ginny Rampling Nathan Lin Stephen Gorman Dean Alexander Nathan May Josh Dawson Josh Freezer Killian Ford Tom Simpson The Hotel Conversation #jll #gormancommercial #retail #danmurphys #retailforsale #liquerstoreforsale #melbre #melbournerealestate #hotelinvestments #jllaus #realestateinvestments #retailinvestment #realestateinvestment

Investing in commercial real estate has long been viewed as a highly rewarding opportunity, with multi-tenant retail properties emerging as a popular choice among investors. These properties, which house multiple retail tenants within a single building, present a range of unique benefits and potential challenges. Read more about multi-tenant retail below 👇 🏢🔗 https://lnkd.in/g3dcKhkt Written by: Brandon Senia #Matthews #CRE #RealEstate #MultiTenant #Retail #Investing

Coming Soon | CBRE National Partners – South Central is pleased to present Lima and Upland Distribution Center – two (2) highly-functional distribution buildings totaling 252,029 square feet situated in a dense distribution location within Denver, CO. The Portfolio is fully-leased to three (3) tenants across two (2) buildings with a WALT Remaining of 4.80 years and 15% below market rents in a submarket that is experiencing aggressive small bay rent growth and strong historical occupancy performance. All three (3) tenants have been at the Property for 8-12 years with two tenants recently executing a renewals. The offering presents an opportunity to own cash-flowing assets with upside opportunity and mitigated downside risk at a significant discount to replacement cost. Deal Team: Jeremy Ballenger | Jim Bolt | Mike Machado | Morgan Dunn | Alexei Andrea #CBRE #CBRENP #INDUSTRIALCAPITALMARKETS #DENVER

Crow Holdings and Lincoln Property Co. are a couple of institutional giants spearheading a major revival in the retail real estate sector. Retail is demonstrating remarkable resilience post-pandemic, with open-air centers flourishing and robust tenant demand fueling renewed interest. As vacancies decrease and foot traffic rebounds, the sector is not only recovering but also poised for significant growth, bolstered by maintaining strong tenant relationships. #retailrealestate #investmenttrends #retailcomeback #investmentopportunities #REITs Source: https://hubs.li/Q02Khs7z0

Hawaiian acquires 50% in Perth’s landmark Claremont Quarter - CBRE and McVay Real Estate   Perth based commercial property company Hawaiian has exercised it pre-emptive rights to purchase a 50% interest in Claremont Quarter. CBRE’s Head of Retail Capital Markets – Pacific, Simon Rooney and McVay Real Estate’s Sam Sam McVay and Dan McVay exclusively acted on behalf of QIC to market the shopping centre stake.   Mr Simon Rooney said the sales process generated considerable investor engagement from both domestic and offshore groups, institutional and private capital as well as local high-net-worths and family officesahead of Hawaiian exercising its rights. Claremont Quarter is a premium retail offering, underpinned by one of Australia’s most affluent catchments with high retail spending, driving the centre’s impressive turnover performance,” Mr Simon Rooney said.   “Claremont Quarter is a genuine fortress mall, positioned in one of Australia’s most affluent trade areas. Its unique tenancy mix and strong productivity levels make it an exceptionally rare offering that will deliver above market income growth for the foreseeable future.” Sam McVay said.   “The response that we had was incredible and testament to the deep demand that great assets generate at all times of the cycle,” Sam McVay added. Read more on COMMO > https://lnkd.in/grnuUgQG CBRE Asia Pacific Glenn Bechtel Joe Tynan QIC QIC Real Estate Michael Hedger Hawaiian Properties, Ltd. James Douglas Greg Hyland Brent McGregor Mark Granter Leif Olson James Sherley Sam Guest Ben Hunter Aaron Desange Chloe Mason Fiona Ellender Andrew Stringer Brock McDermott Shannon Gale Thomas Craig #cbre #Mcvayre #retailinvestment #retailrealestate #perthre #perthrealestate #retailnews #retailproperty #shoppingcentres

JLL is proud to announce the sale of 60 Margaret & The MetCentre – $796 million - Australia’s largest single commercial real estate transaction of 2023 and the largest in Sydney since December 2021. This is the second major CBD Retail transaction JLL has transacted in Australia in the past quarter and demonstrates investors returning confidence to our CBDs. We would like to congratulate both vendor on the successful sale and purchaser and their investors on this landmark transaction. #AustralianRetailProperty #CommercialRealEstate #CRE #RetailInvestment #CapitalMarkets #ShoppingCentre #ShoppingCentreInvestment #PropertyInvestment #InvestmentProperty #RetailAssets #CommercialProperty #AustralianCRE #RealEstateFinance #RetailPortfolio #PropertyDevelopment #InvestmentOpportunity #RetailStrategy #AssetManagement #PropertyMarket #RealEstateInvestor #RetailTrends #AustralianEconomy #MarketAnalysis

See why Retail is abundant in the Chicago suburbs & Kansas City industrial is slowing down ⤵ Chicago Suburbs Outshine City On Retail Front Leasing and sales fare better in suburban areas, but downtown projects offer glimpse of a rebound. By Kristin Harlow; insights from — Chris Bobowski, Cushman & Wakefield; Kathleen Brill, Cullinan Properties; Rick Scardino, Lee & Associates Commercial Real Estate Services; Corrine Cecil, Brixmor Property Group.  Kansas City Industrial Users Scale Back Demand grows for smaller warehouse and distribution facilities, even as the market struggles to absorb the oversupply of big box space. By Kristin Harlow; insights from — Dan Jensen, Kessinger Hunter; Marget Graham, Mid-America Asset Management Inc.; Brad Belden, Colliers; Mitchell Kiven, Marcus & Millichap. Inside This Issue: -Low Vacancy, Rent Growth Define St. Louis Retail Sector -t’s a Great Time to Be a Tenant in Minneapolis Office Market -Cold Storage Asset Class Catches Investor Attention Read the Issue: https://lnkd.in/e9Nwvm9s #Retail #Industrial #CRE #Office

Crow Holdings and Lincoln Property Co. are a couple of institutional giants spearheading a major revival in the retail real estate sector. Retail is demonstrating remarkable resilience post-pandemic, with open-air centers flourishing and robust tenant demand fueling renewed interest. As vacancies decrease and foot traffic rebounds, the sector is not only recovering but also poised for significant growth, bolstered by maintaining strong tenant relationships. #retailrealestate #investmenttrends #retailcomeback #investmentopportunities #REITs Source: https://hubs.li/Q02KhMFB0