JLL Negotiates $39.5 Million Sale of Grocery-Anchored Shopping Center in Metro Boston
Saugus, Mass. — JLL has negotiated the $39.5 million sale of Saugus Plaza, a 165,800-square-foot shopping center in Saugus, roughly 11 miles north of Boston. The center was 97 percent leased at the time of sale to tenants including anchors Stop & Shop and Floor…
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Tricky Issues Impact Shopping Center Property Taxes
By: Nick Machan Property tax assessments of shopping centers and other retail real estate may not capture the full extent of value losses those properties sustained in 2020. To avoid paying…
It’s Time For Retailers to Prepare for the New Lease…
By Taj Adhav With everything retailers have endured since early 2020, ASC 842 is probably the last thing on your mind. It’s even possible you’re seeing the term “ASC 842” for…
RETAIL IS COMING BACK: An Opportunity for Private Lenders
By Elliot M. Shirwo, Founder and Principal BridgeCore Capital, Inc. While the pandemic struck a massive blow to retail real estate in 2020, as vaccinations rapidly enter arms in 2021, recovery…
Retailers Should Focus on Long-Term Occupancy Cost Reductions in 2021
Even though capital markets are opening up, U.S. retailers will continue to file for bankruptcy and close stores this year, due in part to their need to repay deferred rent…
Is 2020 the Apparel Apocalypse?
“What are you wearing?” It’s been a common question in America’s daily vernacular, yet in 2020 — the year of dressing casually to work from home — it has never…
From the Magazine
The Re-Emerging Multi-Tenant Market
Multi-tenant shopping centers are gaining favor with investors. British entrepreneur and adventurer Sir Richard Branson, head of Virgin Group Ltd., said, “Every success story is a tale of constant adaption, revision…
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