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Cold Storage Comes to the Forefront with COVID Shifts
News 3 days ago
Cold Storage Comes to the Forefront with COVID Shifts

SAN FRANCISCO-In March, the Department of Homeland Security classified cold storage facilities and employees as essential infrastructure, keeping...

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Detroit Firm Helps Launch Young Entrepreneurs With Rent-Free Space for 'Industry Club'
News 4 days ago
Detroit Firm Helps Launch Young Entrepreneurs With Rent-Free Space for 'Industry Club'

A new initiative coming to Detroit in September will provide resources for youth interested in retail and fashion merchandising, planners said. The...

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With Simon Going to Court to Put the Brakes on Merger, Taubman Moves Forward with Shareholder Vote
News 6 days ago
With Simon Going to Court to Put the Brakes on Merger, Taubman Moves Forward with Shareholder Vote

Shareholders of Taubman Centers have overwhelmingly voted to approve and adopt the company's merger agreement with fellow shopping mall real estate...

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Cushman & Wakefield Arranges $57M Acquisition Financing for Brooklyn Multifamily
News 1 week ago
Cushman & Wakefield Arranges $57M Acquisition Financing for Brooklyn Multifamily

NEW YORK CITY - Cushman & Wakefield has procured $57 million in acquisition financing for a multifamily condominium within a new, mixed-use...

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Washington Prime to Convert Former Sears into Healthcare Distribution Center
News 1 week ago
Washington Prime to Convert Former Sears into Healthcare Distribution Center

Washington Prime Group intends to convert the former Sears location in Morgantown Mall in Morgantown as a logistics, distribution and fulfillment...

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Colliers FL Expands Retail Services With Net Lease Expert
News 1 week ago
Colliers FL Expands Retail Services With Net Lease Expert

MIAMI, FL - Colliers International Florida has appointed Christopher Twist to senior director, in effort to further expand its retail services. In...

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Matthews Opens New Phoenix Office and Adds 100 New Brokers
News 1 week ago
Matthews Opens New Phoenix Office and Adds 100 New Brokers

Matthews Real Estate Investment Services has opened a new office in Phoenix and hired 11 new brokers in the market. The firm had plans to expand to...

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Institutional Property Advisors Brokers $46M Shopping Center Sale
News 2 weeks ago
Institutional Property Advisors Brokers $46M Shopping Center Sale

CUYAHOGA FALLS, OH - The Marcus & Millichap division, Institutional Property Advisors has brokered the $46 million sale of a 458,935-square-foot,...

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In-Demand, Master-Planned Community Expands and Rebrands
News 2 weeks ago
In-Demand, Master-Planned Community Expands and Rebrands

VENICE, FL - The master-planned community in Sarasota County, FL, West Villages, has launched under a new name and brand. Developer, Mattamy Homes'...

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Las Vegas Resort & Casino to Open Ahead of Schedule
News 2 weeks ago
Las Vegas Resort & Casino to Open Ahead of Schedule

LAS VEGAS - The downtown Las Vegas, 1.25-million-square-foot, Circa Resort & Casino is on track to debut on October 28, 2020, after a previously...

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Chuck E. Cheese Problems Show Weakness with Experiential Retail
News 2 weeks ago
Chuck E. Cheese Problems Show Weakness with Experiential Retail

Chuck E. Cheese is trying to fend off bankruptcy. The Wall Street Journal recently reported that the children's restaurant and entertainment...

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Empire State Realty Trust Announces Departure of President & COO
News 2 weeks ago
Empire State Realty Trust Announces Departure of President & COO

NEW YORK CITY - Empire State Realty Trust Inc. has announced that its current president and COO, John B. Kessler is leaving company, upon an...

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Design Firm NG+P Launches Hospitality and Retail Division
News 2 weeks ago
Design Firm NG+P Launches Hospitality and Retail Division

Design firm NG+P has launched a hospitality and design division. The new concentration area is a natural progression of the firm's multifamily and...

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Coronavirus Prompts US REITs to Tap Into $37 Billion of Revolving Credit Lines in Q1
News 2 weeks ago
Coronavirus Prompts US REITs to Tap Into $37 Billion of Revolving Credit Lines in Q1

Real estate investment trusts turned to revolving credit lines to stay afloat amid the coronavirus pandemic as they collectively drew down $37.19...

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Not Deserted But Different: Retailers Adapt Their Physical Spaces in a Sign of What’s to Come
News 3 weeks ago
Not Deserted But Different: Retailers Adapt Their Physical Spaces in a Sign of What’s to Come

When customers quit coming to physical stores as the COVID-19 pandemic swept in, some brick-and-mortar retailers found ways to stay in business....

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Retail, Hospitality Account for Half of OC Unemployment
News 3 weeks ago
Retail, Hospitality Account for Half of OC Unemployment

As expected, retail, hospitality and restaurants account for half of the job losses in Orange County unemployment since the beginning of the...

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WA State Multi-Tenant Assets with Drive-Thrus are Investor Favorite
News 3 weeks ago
WA State Multi-Tenant Assets with Drive-Thrus are Investor Favorite

MARYSVILLE, WA-As investors continue to see the value in multi-tenant retail with drive-thrus, a newly constructed 11,142-square-foot property...

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Miami Beach's Lincoln Road to Get Amazon Store for Top-Rated Products
News 3 weeks ago
Miami Beach's Lincoln Road to Get Amazon Store for Top-Rated Products

E-commerce giant Amazon will open its first South Florida 4-star store on Miami Beach's internationally famous Lincoln Road as part of a plan to...

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Dollar Store Demand Takes Off As Investors Seek Safe Havens
News 3 weeks ago
Dollar Store Demand Takes Off As Investors Seek Safe Havens

Dollar stores have become an investor favorite during the pandemic. These discount chains have historically performed well during economic...

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Who Will Foot the Bill for Physical Distancing As Businesses Reopen?
News 3 weeks ago
Who Will Foot the Bill for Physical Distancing As Businesses Reopen?

In Europe, McDonald's takes the sanitizing process very seriously. "McDonald's is implementing changes in European stores where they have...

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Pandemic Disrupts Supply Chain and Creates More Industrial Demand
News 3 weeks ago
Pandemic Disrupts Supply Chain and Creates More Industrial Demand

Travel restrictions due to the COVID-19 pandemic have severely impacted the supply chain for the foreseeable future. With some estimates showing...

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What Phase 1 in NYC Means for Retail
News 3 weeks ago
What Phase 1 in NYC Means for Retail

NEW YORK CITY-It has been around 100 days since the first COVID case in NYC. As the city begins its Phase 1 of reopening, which includes curbside...

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Miami-Dade County Retail Fundamentals Largely Unchanged Despite Coronavirus
News 3 weeks ago
Miami-Dade County Retail Fundamentals Largely Unchanged Despite Coronavirus

The Miami-Dade County retail market fared well in the first quarter of this year even though the coronavirus pandemic had set in by then and...

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Kimco May Sponsor Separate Investment Vehicle for Retail Properties
News 1 month ago
Kimco May Sponsor Separate Investment Vehicle for Retail Properties

Kimco Realty is exploring the sponsorship of a private investment vehicle to take advantage of disruptions in the retail space. Kimco is a publicly...

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Vacant Bronx Retail Property Trades Hands
News 1 month ago
Vacant Bronx Retail Property Trades Hands

NEW YORK CITY-A two-story, 3,500-square foot retail property in the Bronx has traded hands for $1.3 million, or $361 per square foot. Cushman &...

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Armada Hoffler Completes $90M Sale of Grocery-Anchored Retail Portfolio
News 1 month ago
Armada Hoffler Completes $90M Sale of Grocery-Anchored Retail Portfolio

VIRGINIA BEACH, VA-Armada Hoffler Properties has completed a sale of seven grocery-anchored shopping centers with an institutional buyer for $90...

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Sensors Can Reduce the Spread of COVID-19
News 1 month ago
Sensors Can Reduce the Spread of COVID-19

When landlords first started deploying keycard access systems in their buildings, security and efficiencies were significant drivers. If those...

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This is What Rent Relief Looks Like for Landlords
News 1 month ago
This is What Rent Relief Looks Like for Landlords

The industry is all too aware that many tenants in retail, office and other CRE categories have been asking landlords for rent relief as the...

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Many Casual Restaurant Brands Were Struggling Before COVID-19
News 1 month ago
Many Casual Restaurant Brands Were Struggling Before COVID-19

As the COVID-19 pandemic shut down casual dining restaurants across the country, not everyone was in the same position to weather the storm. "Some...

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Investment Fund Manager Rescues Iconic Barbershop From Pandemic-Related Bankruptcy
News 1 month ago
Investment Fund Manager Rescues Iconic Barbershop From Pandemic-Related Bankruptcy

The co-founders of Rudy's Barbershop, which opened its first storefront in Seattle in 1993, reached out to Sortis Holdings when two distressed...

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