CPE’s Top 5 Articles in November

Miss out on any CPE stories in November? Here are five of our most popular articles for the month, including reports on the $8 billion mall redevelopment trend and the most expensive high streets in the world.
  • by the Editors of Commercial Property Executive | Dec 01, 2017

Redeveloping Malls: An $8B Trend

Galleria VI, Houston
Galleria VI in Houston added 35 new stores and restaurants, following a $300 million renovation that also included a rebranding.

A recent study by JLL shows that mall owners are investing billions in renovating their assets to meet the needs of the modern consumer. While these projects come with risks, the report makes a case for their rewards.

NewMark Merill Buys Placentia Town Center in CA

CBRE supported the buyer and Newmark Knight Frank represented the seller in the deal. NewMark Merill owns a portfolio of more than 78 shopping centers in Colorado, Illinois and California.

Most Expensive High Streets in the World: C&W Report

The global real estate services firm released the 29th edition of its “Main Streets Across the World” report, which tracks 451 of the top retail streets, ranking the most expensive in 68 countries by their prime rental value.

Coldwell Banker Commercial: Brick-and-Mortar Stores Still Desirable

Forty-seven percent of the survey’s respondents indicated that they favor shopping in stores over buying online. Participants also expressed their loyalty to small businesses and penchant for boutique stores.

Kimco to Build $110M Shopping Center in Baltimore Area

The company will erect the 575,000-square-foot Mill Station on the land that had been home to the now-demolished Owings Mills Mall.

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