Unibail-Rodamco-Westfield, the owner of 16 retail centers across the U.S., told investors that it has agreed to sell San Jose’s Westfield Oakridge Mall to an undisclosed buyer, reported the Silicon Valley Business Journal. Located at 925 Blossom Hill Rd., Oakridge represents one of the company’s smallest retail malls at 108,300 square feet of gross leasable …

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Retail bookseller Barnes & Noble plans to open five new locations in the Chicago area this year, including a store at a former Walgreens in Wicker Park. Barnes & Noble is leasing the entire 26,133-square-foot space at the iconic building that was once home to Noel Street Bank at 1601 N. Milwaukee Avenue, reported Crain’s. …

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Related Midwest has released renderings of The 78, a proposed development for a new White Sox stadium and ballpark in the South Loop area. The new ballpark would move the team from their longtime Guaranteed Rate Field in Bridgeport home to a 60-acre site known as “The 78.” “The development would be a catalyst for …

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Green Courte Partners (GCP), a Chicago-based private equity real estate investment firm, has acquired a 40-acre industrial outdoor storage property at 5301 Wilbarger in Fort Worth, Texas. The seller was TH Logistics Fund I, a joint venture between Timber Hill Group, a private equity firm specializing in logistics industrial real estate, and Champion Realty Advisors of …

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United Properties, a Minneapolis-based commercial property investment company, has acquired Champlin Shores, a senior living community located at 119 E. Hayden Lake Road in Champlin, Minnesota. The property will be rebranded as Amira Choice Champlin. Operating partner Ebenezer Senior Living assumed service responsibilities at the community yesterday. Under the Amira Choice brand, United Properties plans …

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Galvanize Climate Solutions, a climate-focused global investment firm, appointed Alex Munoz as VP of asset management for the firm’s sustainable real estate investment strategy. Based in New York City, Munoz will be responsible for improving cash flow and increasing value of the real estate investments through capital investment and sustainability initiatives. Before joining Galvanize, Munoz was …

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