Full CRE coverage of finance and investment in the retail real estate sector, including shopping centers, regional malls, outlet centers and other retail formats.
The American Dream mall in the New Jersey Meadowlands has been at least 18 years in the making, passing from developer to developer, having billions of dollars thrown at it and still no hard opening date in sight. This week, a New Jersey Local...
They say good things come in small packages, and JCPenney is confident that a new flagship store at the Northridge Mall in Salinas, Calif., will only need 3,000 sq. ft. of selling space to generate consistent foot traffic, brand excitement and st...
Athletico Physical Therapy recently opened its thirty-first location in the Greater St. Louis area, and its latest store just happens to blend consumers’ need for physical wellness with easy access seasonal items like outdoor furniture and everyd...
Dollar General has been on a winning streak, both as a retailer and as a net lease investment, since the economy began to recover in 2009. A number of factors are driving that winning streak as a retailer, but the company’s appeal as a net...
The average cap rate for retail properties nationwide moved up by 11 basis points between the fourth quarter of 2015 and the first quarter 2016, to 6.59 percent, according to a recent report from commercial real estate services firm CBRE. Still...
We’ve all heard and read the less-than-positive rhetoric about class-B malls—sales are down, department store anchors are going dark, inline tenants are leaving and e-commerce is stealing customers away...
Activist investor Carl Icahn has won the bidding war for Pep Boys, beating out Bridgestone Corp. to claim the Philadelphia-based automotive aftermarket chain. The deal is valued at roughly $1 billion—a staggering number when compared to the ...
