Is the Retail Reckoning for Regional Malls at an End?
After a turbulent decade, the U.S. mall industry seems to have come out of the pandemic in decently good health.
View ArticleSales of Cannabis Real Estate Run into Some Challenges
More states are legalizing marijuana. But so far, that hasn’t translated into much greater opportunities for real estate investment.
View ArticleDeep Discounts Lure Record Number of Holiday Weekend Shoppers
Retailers discounted generously on Black Friday and Cyber Monday this year in an effort to clear excess inventory and lure consumers who are increasingly strained by inflation. Those efforts drove foot...
View ArticleAmerican Dream Mall Family is Hit by Spat Over Counterfeit Hand Sanitizer
A 2021 lawsuit over allegedly distributing counterfeit gel named two Ghermezian cousins and a family company as defendants, and now three other relatives—including Don Ghermezian, the head of American...
View ArticleAmazon Is Ubiquitous. But It Isn't Invincible Anymore.
Amazon no longer seems unassailable. This year saw the world’s largest e-commerce company at one point lose a trillion dollars in market value.
View ArticleAMC Held Talks to Buy Parts of Cineworld
The negotiations with Cineworld’s lenders are no longer continuing, AMC said in a US Securities and Exchange Commission filing Wednesday. There’s no assurance that AMC will resume the talks or that the...
View ArticleAs Interest Rates Rise, Shopping Centers Look More Attractive to Investors
With property fundamentals in their best shape in quite some time and attractive cap rates, some investors are looking to put their money into shopping and power centers.
View ArticleNYC Starts Legal Weed Sales in Time for the New Year, and the Profits Go to...
Housing Works, a New York City-based nonprofit that runs a chain of thrift shops, will launch sales at a 4,400-square-foot Manhattan dispensary at 1 Astor Place, Governor Kathy Hochul said on...
View ArticleInflation-Wary Shoppers Pull Back as Goods Pile Up in Stores
The consumer pullback poses a particular existential threat for the retailers in the deepest financial trouble.
View Article2022 Year-in-Review: CRE's 11 Most Important Stories
A strong start to 2022 marked by robust fundamentals and record levels of investment sales activity transitioned into a second half marked by uncertainty, leaving commercial real estate on unsteady...
View ArticleEight CRE Experts on Their Outlook for the New Year
Eight commercial real estate pros offer insights on what they expect to unfold in 2023 amid a challenging macroeconomic environment.
View ArticleBed Bath & Beyond Warns It May Go Out of Business
Some suppliers had begun to halt shipments to the retailer in recent months, concerned about the company’s outlook.
View ArticleA Subway Sale Would Yield Billions for Heirs of Its Late Founders
A sale could attract private-equity firms and value the closely held business at more than $10 billion, Bloomberg News reported Wednesday, though the plans are still in an early stage.
View ArticleMarkets Drive Returns as Much as Property Type in CRE Investing
New research by Archer.re and its partners promotes the strategy of having individual portfolios for each property type within each city to allow investors to make independent real estate investment...
View ArticleSkiing at Your Neighborhood Mall?
The problem is that these elaborate venues require expensive upfront investments and, like any new concept, can be risky.
View ArticleEconomists Have Failed Middle-Class Americans
Without anyone paying much notice, our collective overreliance on wage data has had the perverse effect of allowing prices to rise even as earnings remained stagnant.
View ArticleRaises for Retail Workers Won't Protect Them From Automation
Historically, companies ramp up restructuring after large economic shocks with an eye toward labor-saving technologies.
View ArticleHudson Bay Is Anchor Investor in Bed Bath & Beyond Share Sale
Hudson Bay, a New York-based multi-strategy hedge fund, comprised the largest order among several institutional investors that helped Bed Bath & Beyond enter into the transaction Tuesday, said the...
View ArticleNew York Targets Landlords of City’s Unlicensed Weed Stores
Manhattan District Attorney Alvin Bragg said Tuesday that he was putting the property owners of 400 unlicensed smoke shops on notice: Evict any tenants that are selling illegal cannabis — or the state...
View ArticleDiscount Retailer Tuesday Morning Files for Bankruptcy Again
The Dallas-based discount retailer filed in the Northern District of Texas, listing assets and liabilities of $100 million to $500 million, in its bankruptcy petition. It emerged from its last...
View ArticleNew York Has a New Public Spaces Czar to Help De-Clutter City Streets
Formally known as the chief public realm officer, Ya-Ting Liu’s job will be to figure out how to make the city’s outdoor dining program permanent, make streets more pedestrian-friendly and keep...
View ArticleWMRE's Common Area: A CRE Economist’s View of Current Market Conditions
Xander Snyder, Senior Commercial Real Estate Economist at First America, comes on the podcast to discuss economic trends impacting real estate investment.
View ArticleSupply Chains Have Healed Yet Their Mark on Inflation to Endure
Big retailers and manufacturers may not be seeing enough shipping-rate reductions yet to warrant slashing prices further.
View ArticleTarget Needs to Make You Want to Spend Again
Target stores were designed to encourage impulse buying so that a one-item trip multiplies into a shopping spree.
View ArticleStarbucks Faces New Front in Its Labor Disputes: White-Collar Workers
Starbucks has repeatedly denied violating labor laws and said that all claims of anti-union activity there are “categorically false.”
View ArticleBlackstone Defaults on €531 Million Nordic Property CMBS
The private equity firm had sought an extension from holders of the securitized notes to allow time to dispose of assets and repay the debt, according to people with knowledge of the plan. Market...
View ArticleAmerican Dream Mall Owes NJ Town $8 Million, Lawsuit Says
American Dream’s owner Triple Five Group agreed to make the payments in lieu of real estate taxes to the borough of East Rutherford on land surrounding the mall in exchange for rights to build a hotel,...
View ArticleWalmart Cuts Staffing Levels at Some U.S. E-Commerce Warehouses
The Bentonville, Arkansas-based company is paring jobs as it bolsters warehouse automation to reduce the cost of handling online purchases. The retailer has so far avoided the kind of mass layoffs...
View ArticleStreet Retail Assets Survive the Pandemic Still Highly Prized by Investors
Investment sales in the sector have been impacted by the same volatile forces as other commercial real estate assets, but potential long-term returns remain attractive.
View ArticleHow Retail Healthcare Is Creating New Real Estate Opportunities
Healthcare providers’ preference for retail spaces has put them in competition with bricks-and-mortar retailers, triggering a race for premium retail spaces.
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