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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.
Big names combine e-commerce with compact brick-and-mortar locations.
Manhattan posted $3.2 billion in dollar volume for the third quarter.
But there was some encouraging trends.
Walmart and Amazon will offer same-day medication delivery.
Consumers are willing to share plenty of data for personalized experiences.
Meanwhile, older dependable items like cigarettes and maps lose favor.
There are ramifications for CMBS bond investors too.
The move for RXR will serve as a recapitalization.
If no third-party bid emerges, lenders could take over former URW, Brookfield asset.
The deal is contingent upon The Container Store refinancing its credit facilities.