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.
Even as retail is tied with industrial for the best value, Situs RERC's Kenn Riggs says that “pricing for high-quality retail is holding up although the market is quiet on the transaction side."
CenterCal Properties' new 375,000-square-foot retail, dining and entertainment destination, The Veranda, has a musically choreographed $1.7 million water feature, GlobeSt.com learns in this <b>EXCLUSIVE</b>.
Neighborhood centers are likely to see pressure on pricing if existing grocery stores in those properties struggle to compete with the Whole Foods-Amazon combination, says Altus Group's Richard Kalvoda.
Investors are able to add value and create synergies by upgrading some of the older, legacy tenants with newer, contemporary tenants and adding more nationally and regionally recognized stores and restaurants, CBRE's Kirk Brummer tells GlobeSt.com.
In the second of a two-part <b>EXCLUSIVE</b>, McCarthy's Rodney Riddle discussed some of the latest parking technology, the labor shortage's effect on construction and parking structure project tips.
The IKEA location has generated strong retail interest with an already strong retail line-up including nearly 20 retail anchors such as Target, Home Depot, Regal Cinemas and Kohl's.