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.
What makes The Triangle unique is the type of deal creativity necessary in Austin, i.e., the use of a condo map to legally divide the retail from the multifamily, making each piece more valuable.
The 573,000-square-foot Manhattan Village is getting a massive makeover to the tune of $180 million that promises to keep the retail center competitive into the future.
While the high yields, relative to grocery-anchored shopping centers may look attractive, shopping center investors should give much thought to whether the risk is worth the potential reward.