In the News

Duke Real Estate Group and its affiliated companies announce the acquisition of Imperial Valley Mall — an 860,000 SF enclosed regional mall in El Centro, California, along with 65 acres of adjacent developable land. The ownership group plans to enhance infrastructure, expand retail and entertainment offerings, and reinforce the mall's role as the dominant commercial destination in Imperial County.

REBusiness Online covers the $38.1 million all-cash acquisition of Imperial Valley Mall by Duke Real Estate Group and its affiliated companies, marking a significant transaction for one of California's most strategically positioned regional retail centers.

Connect CRE and the Calexico Chronicle report on the engagement of CBRE for property management and leasing at Imperial Valley Mall following the acquisition by Duke Real Estate Group and its affiliated companies, signaling the new ownership group's commitment to institutional-quality operations.

The Austin Business Journal reports on the latest wave of restaurant signings at The Linc — including the first brick-and-mortar location of Artipasta, Happy Lemon's second Austin outpost, Another Broken Egg, and The Boiling Crab — as Duke Real Estate Group affiliates continue to curate a best-in-class dining and entertainment tenant mix at the 180,000 SF North Austin center.

Duke Real Estate Group affiliates acquire Fingerlakes Mall in Auburn, New York — a 400,000 SF specialty retail center anchored by Bass Pro Shops — and immediately secure a 15-year lease extension with the anchor through at least 2037. Multi-stage redevelopment plans are underway across the property's 55+ acres of development potential.

Community Impact reports on the signing of Japanese retail phenomenon Daiso Japan to The Crescent in North Central Austin — the latest addition to the grocery-anchored center repositioned by Duke Real Estate Group affiliates, which already houses 99 Ranch Market, 85°C Bakery, and Kinokuniya.

The Austinot profiles The Linc — the 180,000 SF lifestyle center in North Austin repositioned by Duke Real Estate Group affiliates from a vacant shopping center into a thriving destination for film, dining, entertainment, and local businesses at the heart of the Highland neighborhood.

A feature profile of The Crescent in Austin — the repositioned retail center anchored by 99 Ranch Market, 85°C Bakery Café, and Kinokuniya Bookstore — highlighting how Duke Real Estate Group affiliates transformed a struggling property into a destination-worthy neighborhood hub serving Central Austin's evolving demographic.

The Austin Business Journal profiles Duke Real Estate Group affiliates' strategy in Austin — covering the ongoing redevelopments of both The Linc and The Crescent, and the approach of acquiring aging, largely vacant retail centers and repositioning them with the right mix of local, regional, and national tenants to serve rapidly changing neighborhoods.

Shopping Center Business and Chain Store Age report on a $30 million redevelopment plan for Myrtle Beach Mall by Duke Real Estate Group affiliates — converting over 375,000 SF of enclosed mall into an open-air retail, restaurant, and entertainment district with major architectural renovations and new tenant additions.

CultureMap Austin covers the opening of The Crescent's anchor tenants — 99 Ranch Market and Kula Revolving Sushi Bar — marking the successful re-tenanting of the repositioned North Central Austin retail center by Duke Real Estate Group affiliates.

Eater Austin reports on Easy Tiger Bake Shop & Beer Garden — one of Austin's most celebrated dining destinations — signing on to anchor The Linc in North Austin. The 11,500 SF space, nearly three times the size of their original location, includes a full commercial bakery, drive-through coffee, outdoor stage, dog park, and 250 outdoor seats, underscoring The Linc's emergence as a premier dining and entertainment destination.

REBusiness Online reports on the $45 million acquisition of Myrtle Beach Mall by Duke Real Estate Group affiliates — a 550,000 SF property anchored by Bass Pro Shops, Belk, and JCPenney — with plans to redevelop the mall core into a modern entertainment and lifestyle destination.

Duke Real Estate Group and its affiliates announce the transformation of Lincoln Village Shopping Center in central Austin into The Linc at Highland — a dynamic mixed-use destination providing permanent retail, entertainment, dining, and pop-up spaces in the heart of the Highland neighborhood.

Duke Real Estate Group and its affiliates announce an expanding roster of local and nationally recognized brands at their repositioned North Central Austin retail center, reinforcing the project's successful leasing strategy.

Duke Real Estate Group and its affiliates announce the repositioning of a central Austin retail center to serve the evolving needs of the rapidly growing surrounding neighborhood, with entertainment, dining, and community-focused uses.

Duke Real Estate Group and its affiliated companies announce their intention to acquire Fort Worth Town Center — a 1.2 million square foot retail and office complex — with plans to reposition the property toward the market's rapidly growing demographic base.

As part of the comprehensive repositioning of Fort Worth Town Center, Duke Real Estate Group and its affiliates introduce a dedicated Spanish-language cinema — a cornerstone of the property's transformation into the largest Hispanic-focused retail destination in the United States.

Duke Real Estate Group affiliates partner with Horizon Group Properties to develop a premier factory outlet shopping center at the intersection of Interstate 10 and the Transmountain Loop in El Paso — serving both local consumers and the binational market along the U.S./Mexico border.

Duke Real Estate Group affiliates form a joint venture with Horizon Group Properties to redevelop El Portal Center — a 400,000 SF enclosed mall on the Rio Grande River — into a new outlet center serving the Laredo market and binational consumer base.

Duke Real Estate Group affiliates redevelop the Shoppers World complex in Los Angeles, creating the city's largest indoor marketplace — an early example of urban retail serving a community that previously lacked access to quality shopping and services.

Duke Real Estate Group affiliates sponsor minority outreach programs in conjunction with the Shoppers World development, reflecting the company's commitment to serving the communities in which it invests and creating genuine economic opportunity alongside each project.