News: Owners Developers & Managers

Centro Properties Group US signs PNC Mortgage to 1,500 s/f at Shoppes at Fox Run

According to Centro Properties Group US, PNC Mortgage recently opened a 1,500 s/f branch at The Shoppes at Fox Run. James Williams of Kuzmak-Williams, LLC represented PNC Mortgage. Centro Properties Group is the owner of The Shoppes at Fox Run and was represented by Charles Davis with Centro Properties Group. About Centro Properties Group US: Centro Properties Group US is the second largest owner of community and neighborhood shopping centers in the United States and has been a leader in redevelopment over the last decade. As a comprehensive real estate company, it manages a national portfolio of 585 properties aggregating approximately 92.0 million square feet of gross leasable area, including 37 properties held through joint ventures. The portfolio is strategically located across 39 states and is primarily grocery or name-brand discount chain anchored. Centro Properties Group US is headquartered in New York, New York with multiple regional and local offices across the United States. # # # Keywords: Retail Real Estate
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Columns and Thought Leadership
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and

Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant