The supermarket sector is faced with consolidation of big players, growth by specialty chains and an environment of very little new construction. Who will come out on top?
The backfilling of vacant retail real estate is a priority for many landlords nowadays. Joe Cosenza of Inland (RECon booth C1027) tells us how it's done.
Since the recession and the rise of e-commerce as a major retail player, shopping center owners and their tenants have had to reassess their strategies, says Coreland's Cheryl Todd.
It's no secret that single-tenant retail assets are hot. Joe Cosenza of Inland (RECon booth C1027) tells us why his outfit is especially interested in acquiring properties in that arena with short-term leases.
MINNEAPOLIS—United Trust Fund will likely spend the bulk of its funds in the Minneapolis-St. Paul area across all commercial real estate property sectors.
LOS ANGELES—Due to an increase in residential and office development, national retail chains are expanding into Downtown Los Angeles, says Carlos Lopez, of Hanley Investment Group (RECon booth N789Y).
NEW YORK CITY—Manhattan retail real estate rents have gotten so high in some areas that landlords are starting to lower them to lure tenants, says Robert Gibson of JLL (RECon booth C1001).
TUSTIN, CA—Retailers and retail landlords need to adapt to the e-commerce environment and provide customers with an experience they can't get online, but fundamentals are still important, says Coreland's Chris Hite.
CHICAGO—Most of the vacancies left by the long-time area grocer are filled due to retailers expanding in this stable retail real estate market, says Lew Kornberg of JLL (RECon booth C1001).