— By Simon Hartzell, Director of New Office Sales, NAI Global — Retail real estate – it’s not your grandfather’s business anymore. Every aspect of the business is changing. On the technology front, we have artificial intelligence (AI), cryptocurrency, and
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Gone is the so-called “retail apocalypse.” Over the past year, the asset class has made a significant comeback; CBRE states that number of total retail property sales increased by 6.1 percent year-over-year at the end of Q3 2018 — the
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This year got off to an interesting start, considering it ushered in the longest government shutdown in U.S. history. The 35-day shutdown — spanning from Dec. 21, 2018, to Jan. 25, 2019 — caused The Conference Board’s U.S. Consumer Confidence
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Technology, e-commerce and omnichannel solutions have penetrated nearly every corner of American consumerism, with few holdouts. One of those holdouts up until recently was the grocer landscape. It’s easy to see why. Two-day delivery can be enticing when you’re ordering
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Phil Voorhees, executive vice president of CBRE’s National Retail Partners – West, believes investment opportunities exist in all cycles, and this one is no different.Retail Insight sat down with Voorhees recently to talk about those opportunities, and what investors should
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The mixed-use environment is here to stay. Naysayers need only look as far as this year’s ICSC Western Dealmaking Conference, held Oct. 8 to 10 at the Los Angeles Convention Center, to know that this is true.
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Retail Insight sat down with Ashlyn Booth, senior vice president and director of retail properties at JLL, to discuss the leasing efforts at Manhattan Village, which is owned by RREEF Property Trust. The 44-acre, 573,000-square-foot indoor/outdoor mixed-use retail experience in Manhattan Beach, California, is
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The malls of yesteryear are not dead, but many are in need of a revival if they want to thrive tomorrow and beyond, believes Leslie Lundin, co-founder and managing partner at LBG Real Estate Cos. Lundin, who held the “Transforming
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With the increased investor demand for service-based, internet-resistant retail, the single-tenant net-leased learning and daycare industry has emerged as a viable and sustainable alternative to common net-leased retail properties for private investors. Since January 2017, Hanley Investment Group has completed
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Ease, convenience and experience are the goals of most shopping centers nowadays — with ease and convenience being a large part of a consumer’s overall experience. While these factors motivate some shoppers to make their purchases on a screen, these
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It may be the end of an era, as Seaport Village’s 40-year lease has come to an end. The 70-acre waterfront site will soon be reinvented to include an observation tower, aquarium with butterfly exhibit, public space, hotel rooms, retail, office
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There is much talk that new, ground-up retail development is all but finished throughout most of the country. Two monster projects in the Los Angeles area prove this is far from the case. Palisades Village The coastal community of Pacific
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