Ghost Kitchens, Dedicated Takeout Spaces Emerge During Pandemic

Over the past five years, the many major MSAs have seen tremendous growth and diversification within the food and beverage space. But the onset of COVID-19 has cut into consumers’ disposable incomes, essentially shrinking the customer base and creating another

CocoWalk Welcomes Eight Retailers to its Lineup

Miami — Federal Realty Investment Trust, The Comras Co. and Grass River Property have welcomed eight new retailers to their CocoWalk development in Miami. The three retailers that recently opened are vegetarian restaurant Planta Queen and women’s clothing and accessory

Faris Lee Arranges $7 Million Sale of Shopping Center Near Atlanta

Fayetteville, Ga. — Faris Lee has arranged the $7 million sale of Satterfield Marketplace, a 12,277-square-foot strip center in Fayetteville. Tenants at the time of sale included a Chipotle Drive-Thru, My EyeLab and Aspen Dental. The property is situated at

Webinar: Will Southeast Retail Investment Activity Bounce Back in 2021?

Shopping Center Business and Southeast Real Estate Business hosted “Southeast Retail Investment Outlook — Will Retail Investment Activity Bounce Back in 2021?” A panel of retail experts covered topics like the lending atmosphere, impacts of e-commerce and tenant types likely to expand or contract.

Westfield Valley Fair Opens 42 New Stores, Restaurants

Santa Clara, Calif. — Despite shelter-in-place mandates and temporary closures due to COVID-19, Westfield US has opened 42 stores and restaurants this year at Westfield Valley Fair, a 2.2 million-square-foot Bay Area shopping and lifestyle destination located at 2855 Stevens

McDonald’s U.S. Sales Rise 4.6 Percent in Third Quarter

Chicago — McDonald’s Corp. has reported its third-quarter sales rose 4.6 percent year-over-year in the United States. The Chicago-based restaurant chain cited its utilization of delivery, digital orders and drive-thru to recover from its second-quarter sales dip. Globally, sales were