News
NRF Reports 5.3% Uptick In Holiday Retail Sales
U.S. holiday retail sales showed solid growth for 2022, but fell short of NRF’s projection.
Shopping Centers Dominate Q4 REIT Returns
Malls, shopping centers, and outlet REITs closed 2022 on a strong upswing and dominated S&P Global’s Q4 list.
Welcome 5.11 Tactical to Alamance Crossing!
Prudent Growth is excited to welcome 5.11 Tactical as a new tenant in our Alamance Crossing location in Burlington, NC.
U.S. Retail Vacancy Reaches Record Low in 4th Quarter
Shopping center vacancy reached a record low during the fourth quarter of 2022.
Indianapolis Tops Miami in US Apartment Rent Growth in December
The Indianapolis area's annual apartment rent growth topped the strongest markets in Florida in December to close the year.
As Rates Rise, Shopping Centers Look More Attractive to Investors
Neighborhood shopping centers have made quite the rebound and analysts remain bullish for investor interest in 2023 and beyond.
Prudent Growth Acquires River Pointe Commons in Georgia
PGP has completed its $4.85 million purchase of River Pointe Commons shopping center in Dallas, GA.
Prudent Growth Purchases Heritage Square in Virginia
PGP has completed its $8 million purchase of the Heritage Square shopping center in Yorktown, VA.