Retail

Despite several new retail leases in the third quarter, Downtown Los Angeles saw a 15% year-over-year increase in the retail vacancy rate.

Brokers in the Retail Advisory Group say the current environment provides an opportunity for landlords and tenants to discover pricing in a market still learning the effects of online retailing.

When you consider Amazon's $13.4-billion acquisition of Whole Foods, think evolution, not revolution, says InvenTrust CEO Tom McGuinness.

“When a decision-making team polls its workforce to understand what is most important to them, I think amenities are going to be the number one item on the list.”

Totally different, according to new retail research from CBRE, which shows more integration between online and in-store and a totally revamped customer experience.

Creating “outdoor living rooms” for customers to gather, relax, shop, dine, be entertained and much more is the main idea behind modern retail centers that are far from boxed in in any way, Nadel's Greg Lyon tells GlobeSt.com.

Wheeler's unsolicited offer has the backing of activist investor Snow Park Capital, which has recently increased its stake in Cedar Realty Trust.

Costco will anchor the 575,000-square foot center.