April 28, 2015

In Bismarck, North Dakota, where a regional boom associated with the nearby Bakken Formation has made the state second only to Texas in terms of U.S. oil production, commercial development is on the rise. The missing piece of the puzzle for the city, however, has been the conspicuous absence of a defining downtown mixed-use destination: the kind of a social, civic, financial, and experiential cornerstone that gives residents and visitors somewhere to live, work, play and stay.

April 21, 2015

I think there’s a tendency to lump all store closings together, when the reality is much more nuanced and complex. Not all store closings are created equal, so I wanted to break the recent announcements down into several different categories.

April 17, 2015

Victoria Gardens will break ground on a full streetscape renovation encompassing 1.19 acres of the center along its Monet Avenue, according to Melina Ferraez, director of marketing for Victoria Gardens.

April 6, 2015

Recent completion of the $60 million power center Coastal North Town Center signaled the arrival of Myrtle Beach’s first Publix supermarket and Hobby Lobby store.

March 25, 2015

Staten Island Mall announced that the 1.2-million-sq.-ft. property will undergo a much anticipated multi-million dollar redevelopment that will add interior and exterior upgrades, new fashion retailers, restaurants, a Fairway Market and public piazza for guests to gather and enjoy events year-round, including a farmers market, holiday festivities, fashion shows and community fundraisers.

March 25, 2015

“You can’t get your nails done online, you can’t get dry cleaning done online and you can’t eat the Internet.” These are the dominant themes from retail clients (property owners) over the last few years. Today’s shopping center acquirers are looking for “necessity centers” with a stable rent roll. These centers consist of restaurants, nail salons and other destination retail that is not competing with e-commerce.

March 24, 2015

The end of a retail icon is always big news in commercial real estate, and it’s particularly relevant when the brand in question is closing more than 4,000 stores around the country.

March 23, 2015

While California’s verdant Central Valley is the fastest growing area in the state, the entire population of the 22,500-square-mile region is a comparatively modest 6.5 million people — Los Angeles County alone boasts over 50% more residents. However, this single region, which is responsible for producing 25% of all of the food consumed in the United States, is expected to absorb many of the 10 million people the state is projected to grow by over the next few decades. It is also home to one of the most ambitious and distinctive new developments in modern American history: Quay Valley.

March 10, 2015

There has been a lot of discussion in the last several years about the strength of the grocery sector. I think it’s clear that a big reason behind that success has been the evolution of different formats and the explosive growth of a new generation of grocery concepts that represent a significant departure from the traditional grocery model.

March 6, 2015

We are in the midst of a retail boom in Brooklyn and it is only going to get bigger. Over the past two years, retail has grown significantly in Brooklyn, the fourth largest “city” in the U.S., with the number of corridors (streets with a notable retail presence and average rents of at least $35 per square foot) nearly doubling since 2013. According to CPEX’s 2015 Brooklyn Retail Report, the number of active retail corridors grew from 67 in 2013 to 121 in 2015, an increase of over 80%.

February 24, 2015

If we wanted to show the struggles of the classic American mall, I don’t think we could come up with a better example than Northland Mall in Southfield, Michigan.

February 19, 2015

With demand from national, local and franchise companies across a broad range of categories picking up markedly in the Northeast, this is an opportune time to take a look at the movers and shakers that are defining the next generation of retail tenancy.

February 19, 2015

As those familiar with the New Orleans commercial real estate market will readily acknowledge, the city continues to maintain a positive trajectory, with a great deal of activity in and around the metro area.

February 10, 2015

For the third consecutive year, Chain Store Age will select 10 individuals in retail real estate as “retail stars;” all will be featured in the May 2015 issue with bonus distribution to the International Council of Shopping Centers’ RECon show in Las Vegas in May.

February 10, 2015

One of the interesting retail real estate trends I’ve been seeing pick up steam in the last couple of years is the willingness of many retailers to look beyond the traditional mall locations. Many are choosing locations on “hot streets,” bustling avenues within major communities that happen to be the retail hub, or in the downtown/village center area of the market.

February 9, 2015

For Los Angeles-based fashion retailer Forever 21, the journey from a single location on Figueroa Street in L.A. in 1984 to more than 680 global locations today has been transformative.

December 19, 2014

With 2014 almost over, the looming question on everyone’s mind, of course, is whether holiday sales managed to live up to the (mostly) positive holiday forecasts from analysts and retail organizations. 

December 17, 2014

A new south Louisiana mixed-use development will introduce Alamo Drafthouse Cinema to the state, as architectural firm KTGY Group and developer JTS announce the development of Rouzan Village, the retail center of Baton Rouge master-planned residential community Rouzan.

December 12, 2014

The International Council of Shopping Centers set new attendance records at its New York National Deal Making Conference. Here are some of the comments overheard in the aisles of ICSC-NY.

December 11, 2014

In the final installment of CSA Online’s PizzaRev series, we’ll explore the importance of choosing franchisees with a particularly discerning eye, and the process by which franchisors evaluate potential expansion markets. 

December 9, 2014

If you’re like me, and you were curious about how Black Friday hype translated into retail sales, your head is spinning right about now. 

December 3, 2014

A major Northeastern waterfront project has achieved lift-off. Bridgeport Landing Development, a subsidiary of The RCI Group, announced that it has completed the $15-million Phase I infrastructure improvements at its mixed-use Steelpointe Harbor project in Southern Fairfield County Connecticut and it has begun going vertical.

December 3, 2014

The holiday season has kicked off in earnest over the past weekend, and we are optimistic about the growth trajectory forecasted for the holiday shopping season.

November 25, 2014

Will the holiday shopping season be affected by chaotic, disruptive and potentially costly delays and shipping problems?