Retail – Page 6 – ABG Commercial Realty

Partnership Trio to Build $230M Life Science Development in Somerville

JLL has arranged a $230-million construction loan for the development of 15 McGrath Highway, a speculative life sciences development totaling 262,000 square feet in Somerville, MA. Brett Paulsrud, Henry Schaffer and Mike Shepard of JLL represented DLJ Real Estate Capital Partners, Leggat McCall Properties and Deutsche Finance America to secure the non-recourse construction loan with Oxford Properties Group. “Greater Boston continues […]

A third of small retailers can’t pay rent as financial struggles spike again

By Ben Unglesbee via Retail Dive Dive Brief: The share of small retail businesses that couldn’t make rent rose to 34% in April, up six percentage points from February, according to survey data from Alignable. Those surveyed cited inflation, including gas price spikes, supply chain issues, labor shortages, reduced revenues and increasing rent. Of those […]

Does Increased Leasing Activity Signal Recovery for Retail Sector?

by Jenn Elliot / via WealthManagement.com Retail properties of all types, from grocery-anchored centers to enclosed super regional malls, have experienced a burst of leasing activity over the past 12 to 18 months. And even the most pessimistic real estate experts contend that the deal flow reflects the retail industry’s recovery. Preliminary data for the […]

Brands and retailers are giving their fitting rooms a high-tech upgrade

by Maile McCann / via modernretail.co Apparel brands and retailers are investing in high-tech fitting rooms in their brick-and-mortar stores. 2021 was the year of the virtual fitting room: Walmart, Shopify, Amazon and Snap all invested in augmented or virtual reality tech to help customers visualize what clothes might look like on, as the pandemic kept them […]

Pickleball, virtual golf, skydiving, craft beer: How malls are luring shoppers

by Parija Kavilanz / via CNN Business As Covid restrictions ease, expect to see more malls morph into family entertainment destinations where shopping may not even be what draws shoppers in. Retail analysts say it’s become necessary for mall operators to diversify the in-mall experience beyond shopping in order to stay relevant to consumers — […]

What retail has in store for 2022

via Retail Dive Just a few weeks into 2022, the retail industry has already seen signs for what the year ahead could bring — some good and some bad. President Biden’s vaccine mandate for large employers was struck down by the Supreme Court in mid-January, but that doesn’t mean retailers are done dealing with vaccine regulations. […]

Rising Online Grocery Sales Power Investment in Cold Storage Facilities

by Patricia Kirk / via wealthmanagement.com The pandemic and the concurrent increase in demand for grocery deliveries have pushed up the need for cold storage. Now, this trend is changing the calculations surrounding the development of cold storage projects. Cold storage facilities are expensive to build, costing from $250 to $350 per sq. ft. compared to $100 […]

3 Trends That Will Drive Real Estate in 2022

by Lauren Shanesy – via CoStar If there are three words real estate professionals should consider heading into the next year, they are flexibility, convenience and resiliency. Those are the defining themes that came out of the annual Emerging Trends in Real Estate 2022 report, released last week by PwC and the Urban Land Institute. So, […]

Aldi Employs Age Estimation Tech For Alcohol Purchases At Checkout-Free Store

by Mikelle Leow “Guess how old I am” is one of the most infuriating icebreakers and often concludes with no winners—but might artificial intelligence beat humans at that game? German-owned grocery chain Aldi is betting its money on the machine at its first contactless concept store in Greenwich, southeast London, where age-estimation technology is being trialed. […]

How The Pandemic Is Reinventing The Business Of Retail

by Greg Petro | via forbes.com Year three of the COVID-19 pandemic begins with the retail industry battle-weary but having weathered and, in some cases, even capitalized on an epic worst-case management crisis. The good news is that the retail apocalypse of 2020, having cleared the field of weak competitors, spurred surviving brands and companies […]

Tags: Retail

Partnership Trio to Build $230M Life Science Development in Somerville

A third of small retailers can’t pay rent as financial struggles spike again

Does Increased Leasing Activity Signal Recovery for Retail Sector?

Brands and retailers are giving their fitting rooms a high-tech upgrade

Pickleball, virtual golf, skydiving, craft beer: How malls are luring shoppers

What retail has in store for 2022

Rising Online Grocery Sales Power Investment in Cold Storage Facilities

3 Trends That Will Drive Real Estate in 2022

Aldi Employs Age Estimation Tech For Alcohol Purchases At Checkout-Free Store

How The Pandemic Is Reinventing The Business Of Retail

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