Retail

Retail Space Market Fundamentals Remain Strong: CoStar

Retail Space Market Fundamentals Remain Strong: CoStar

By Edward F. Pierzak Retail REITs own and manage retail real estate and rent space in those properties to tenants. Properties can include large regional malls, outlet centers, grocery-anchored shopping centers, and power centers that feature big box retailers. Despite the considerable gains in e-commerce sales and its expected strong growth, retailers have increasingly appreciated […]

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Can IKEA Save the Mall?

Can IKEA Save the Mall?

By Trefor Moss Many malls are struggling but IKEA is betting it can breathe new life into the troubled format. Ingka Group, the operator of most of the world’s IKEA stores, has assembled its own mall empire in recent years, spanning from China to Europe to the U.S., and says it wants to buy more locations […]

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Placemaking and retail in 2024

Placemaking and retail in 2024

by Carol Todreas Placemaking. That is the word for 2024. While the concept has historical precedence in urban development, it became part of our current culture in the 1960’s when urbanists started to think about cities for people, not just cars. Since then and particularly now with the abundance of retail on the internet, physical […]

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Neighbors Concerned About Size of Proposed, Noise & Traffic from Project at Cannistraro Site

Neighbors Concerned About Size of Proposed, Noise & Traffic from Project at Cannistraro Site

By Charlie Breitrose Developers heard from dozens of residents who showed up Monday night for an in-person community meeting about the project proposed for the former Cannistraro site, pro and against. Many with concerns lived in the residential neighborhood across the street, who fear they will be negatively impacted by the size of, and noise and […]

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