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Many CRE owners have been challenged by the recent trend of big-box anchor tenants downsizing their retail footprints. Investors and developers should be mindful of retailers' new store concepts, and be critical of building size and rent projections.
CommonWealth REIT Taps CBRE for 43 MSF Management Gig; NGKF Completes 607 KSF Renewal with the DoD; Savills Studley Reps AMN Healthcare in 175 KSF Lease; Samsung Takes 55 KSF in NYC’s Meatpacking District; Brixmor Signs 97 KSF at Repositioned Denver Retail Center; Neuehouse Inks 93 KSF Lease with Kilroy in Hollywood; MediaMath Signs First Private-Sector Lease at 4 WTC; Transwestern Awarded Leasing, Management for 2.2 MSF Office Complex in Detroit.National 27 August 2014 15:21
Is retail a victim of the Internet and heading the way of the horse and buggy? While big-box stores have been hit hard by both technological and economic trends, net-lease players still report that closings for single-tenant properties have been muted. By Keat Foong.National 13 March 2012 16:14
By Veronica Grecu, Associate Editor The Germantown neighborhood of Philadelphia has welcomed another retailer that occupies 17,500 square feet of space at 5834 Pulaski Ave. Save-A-Lot opened its first store in this area on December 9, during a ribbon cutting ceremony. [...]Philadelphia 09 December 2011 20:14