Retail

A new park-centric multi-use development called Monarch City was recently introduced by the Howard Hughes Corporation and zoning is expected to begin this year on the community.

A developer would require an abatement to remain, expand, locate or redevelop in Houston, especially if the project is in a declining part of the city and results in strengthening of the local job and economy.

The retail landscape is indeed evolving and there will be pain for those that don't adjust.

The sale includes all of H&R REIT's retail properties in the US, except for 16 gas stations and convenience stores.

Interest in the property type is gaining, and for good reason, says Jeff Lefko of Hanley Investment Group.

When complete, the Hyatt Regency Stonebriar will have a 3,000-square-foot Frisco public library available for use by hotel visitors and city residents, and connect directly to the mall, Stonebriar Centre.

Vacancy rates in the South Florida retail market have stayed around 3%-4% consistently for the past three years, even with rental rates reaching historic highs.

Much of the absorbed space has been taken by retailers largely protected from competition with e-commerce.