Santa's Magi·Sphere was unveiled on November 27 in Sugar Land Town Square, where it will serve as a seasonal focal point for the 1.4 million-square-foot mixed-use district through Christmas Eve.
Retail owners bet on service-based daily needs retailers as a defense against e-commerce. Now, those retailers are among the hardest hit during the pandemic.
Industrial pricing has surged this year in response to ecommerce activity, but not all class-A industrial properties are equipped to accommodate online retailers.