- newRetail Construction Remains Tepid in Sacramento
Aerial of the Downtown Commons development in Sacramento, California.Retail construction has been a rare sight in greater Sacramento this decade. Since 2010, retail stock has only increased by a cumulative 4 percent. The trend has continued in 20…
- 11 hours ago 18 Sep 18, 5:05am -
- Price War for Brookstone Heats Up With $56.4M Bid
Bluestar Alliance has made a $56.35 million bid for retailer Brookstone.Some Brookstone stores may stay open after all, thanks to an emerging bidding war over the retailer of tech-focused gadgets and gifts that filed for Chapter 11 bankruptcy pro…
- 1 day ago 17 Sep 18, 9:37am -
- Toronto's Dynamic Funds Tower Up for Sale
Two Canadian pension funds have decided to sell their joint stake in downtown Toronto's Dynamic Funds Tower office complex.Two of Canada's largest pension funds said they are selling their joint stake in Dynamic Funds Tower, a three-building comp…
- 1 day ago 17 Sep 18, 7:37am -
- Equity Management Partners Buys Tampa Bay Center for $27 Million
Equity Management Partners purchased the Tampa Bay Center, a 142,350-square-foot shopping center in Tampa, Florida, for $27 million, or about $190 per square foot.The Largo, Florida-based investor acquired the shopping center from locally-based e…
- 2 days ago 17 Sep 18, 2:23am -
- Lands' End, Warby Parker Brick-and-Mortar Expansion Extends to New Jersey
Lands’ End and Warby Parker, two companies that didn’t start off as traditional retailers, are marking their expansion with brick-and-mortar locations across the nation by opening their first outlets in New Jersey this weekend.Lands’ End, w…
- 4 days ago 14 Sep 18, 10:20am -
- L Brands to Close All 23 Henri Bendel Stores
(Pictured) Henri Bendel's flagship store in at 712 Fifth Ave. in New York City.L Brands Inc., the embattled owner of Victoria's Secret and several other struggling retail chains, will close 23 Henri Bendel stores and its e-commerce site in January…
- 4 days ago 14 Sep 18, 9:01am -
- Hurricane Florence Threatens More Than $33 Billion in Commercial Property
Hurricane Florence, an intensifying Category 3 storm nearing the shores of North Carolina and South Carolina, will imperil an estimated $33.5 billion in commercial real estate.In an analysis of the coastline from Georgetown, South Carolina, to Bu…
- 4 days ago 14 Sep 18, 8:00am -
- Sears Holdings Store Closings to Slow in Coming Months
Pictured: Eddie Lampert, CEO of ESL Investments and Sears Holdings Corp.Courtesy: Sears.Sears Holdings said the amount of closings of its Sears and Kmart stores may ease as the national retailer takes other aggressive measures amid what Chief Executi…
- 5 days ago 14 Sep 18, 2:15am -
- Landlords Could Seize Opportunity If Papa John’s Shuts Stores
An analysis says Papa John's could be forced to close up to 250 stores as sales slump because of criticism of its founder's behavior..It’s not often that commercial real estate landlords want to lose tenants, but that may be the case with the c…
- 5 days ago 13 Sep 18, 7:45am -
- Simon, Macerich to Develop Outlet Mall Near Los Angeles
Macerich and Simon Property Group are co-developing a large outlet mall near Los Angeles.Two of the largest mall operators in the United States are teaming up to co-develop a 566,000-square-foot outlet shopping center in Los Angeles as discount s…
- 5 days ago 13 Sep 18, 4:00am -
- Local Investment Firm Pays $8M for Fully Leased Retail Center in Scottsdale to Add to Assemblage
The 29,444-square-foot retail center in Scottsdale, Arizona.A private local investment firm purchased a 29,444-square-foot retail center to complete its larger assemblage within Northsight, a 300-acre master-planned mixed-use project in Scottsdal…
- 6 days ago 12 Sep 18, 4:42am -
- Big Retailers Shrink Stores to Boost Sales
Taco Bell plans to open 300 small-format restaurants across the country by 2022.Fast-food chain Taco Bell's plan to open 300 new small-format restaurants across the country in the next four years is the latest by a slew of major national brands e…
- 7 days ago 11 Sep 18, 12:00pm -
- Iowa Pension Fund Invests in Chicago’s Burgeoning South Loop
An Iowa pension fund has snapped up a retail center in Chicago’s South Loop near an underused waterfront area that could see a massive transformation. The Iowa Public Employees Retirement System paid Highland Park, Illinois-based Tucker Develop…
- 7 days ago 11 Sep 18, 9:14am -
- Sears to Sell Three Florida Stores, Distribution Center
The Sears store in Daytona Beach, Florida, is one of three being listed for sale.Sears Holdings is unloading 2.35 million square feet of real estate across Florida, including the state's largest industrial building, as the struggling national retai…
- 7 days ago 11 Sep 18, 4:00am -
- Palace Bowling Lanes Getting New Spin as Mixed-Used Development
Architect Michael Hsu’s plans for Palace Bowling Lanes at 4191 Bellaire Blvd., Houston, calls for a revamped façade. Image credit: Triple Crown Investments.The storied Palace Bowling Lanes will soon be redeveloped into Southside Commons, a mixed…
- 8 days ago 11 Sep 18, 2:55am -
- Pop-Up Shops: How A Novel Concept Became a $50 Billion Business
The District at Tustin Legacy uses pop-up shops to fill vacant mall space. When online home goods and beauty supplier Brandless wanted to expand its reach to new customers, it opened its first storefront for a short 13 days in a vacant retail shop…
- 8 days ago 10 Sep 18, 11:00am -
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