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Premier Retail commercial real estate news, analysis, trends and information including shopping centers, malls, strip centers, big boxes, mixed-use, grocery, neighborhood and high-street segments deals and players.
There are bright spots in multifamily, office, retail and industrial sectors.
The site has been vacant for nearly 30 years.
Also, vacancy and asking rents are below the national average.
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Northmarq expects store openings to exceed the anticipated number of closings in the coming years.
The first phase has already been completed.
This is frustrating for smaller operators competing for space.
A narrowing gap between bid/ask rates could spur more deals ahead.
Walkable mixed-use communities poised to rise in Livermore, San Ramon.
"The marketplace sorts it out."