J.C. Penney sells real estate stake in Simon, unveils in-store shops

Jul 25, 2012 | No Responses

Uptown Dallas {is one of the neighborhoods that gives Dallas its city feel and, as such, has obtained a track record a 2855 Catherine Street, Dallas, TX 75211 :: 11809247 :: Southwest …

2855 Catherine Street, Dallas, TX 75211. 3 bedroom, 2 bath home for sale at $144900. See 25
www.sawbuck.com/…/11455765-2855-Catherine-Street

Today's Deal: Dallas Women's Foundation

Leigh C. Richter of Bradford Commercial Real Estate Services represented the tenant in the deal. Richter is a five-year board member of Dallas Women's Foundation and donated her brokerage fees and commissions back to the organization, as did her firm.
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D Magazine

Downtown Dallas Hilton marks larger trend, expert says

Wolpert specializes in real estate within the hotel industry. The 130-room project at 1025 Elm St. in Dallas' central business district is scheduled for completion by next spring, and will be the first Hilton product within the city's inner loop
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Neiman Marcus confirms closure of Minneapolis store

The Minneapolis St. Paul Business Journal, a sister publication to the DBJ, wrote about the closure earlier today citing real estate sources, but the Dallas-based retailer said in a statement the store did not meet “long term operational goals.” The
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J.C. Penney sells real estate stake in Simon, unveils in-store shops

Dallas — J.C. Penney Co. said Monday it has raised $248 million and taken its first step toward shedding non-core assets by selling off part of its stake in a Simon Property Group unit. Following the transaction, the real estate unit for Penney – JCP
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s one of the much more “high-brow” and popular areas of town. Located just north of downtown Dallas and east of Oaklawn, Uptown is a popular place for little professionals to both live and play. The community feel is elevated by the ability to get close to anything you need within the area … specialty shops, shopping, workout session facilities, food market outlets| supermarket}, and stylish bistros, clubs, and bars are all within minutes away and typically within strolling distance. The McKinney Avenue Trolley and West Town shopping include to communities that gives Dallas its city feel and, as such, has made a track record as one of the much more “high-brow” and stylish areas of town. Found simply north of downtown Dallas and east of Oaklawn, Uptown is a prominent place for little professionals to both live and play. }

As far as rental and {residential solutions, there are a amount of high-rises, townhomes, and flats that cover the location. The State Thomas and West Town locations incorporate town living with street level retail to give homeowners a real urban living experience. This town style living comes at a expense, though, and makes Uptown one of the most costly spots in Dallas to lease or purchase. Most of the development in the location is reasonably new, having been constructed within the past 10 to 20 years, and new progressions are popping up every day. Make no mistake, actual real property} prices in Uptown are just This town design living comes at a cost, though, and makes Uptown one of the most pricey areas in Dallas to lease or get. Make no mistake, genuine estate prices in Uptown are simply headed up. }

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