News
Economy Watch Weekly: Store Closures to Accelerate in 2018
With certain retailers at risk of facing bankruptcy, the sector is expected to face a record number of store closures in 2018. Economy Editor Dees Stribling examines the implications, for the week ending Dec. 29, 2017.
Dollar General to Build New Distribution Center in East Texas
With dollar stores a top retail growth segment, this nearly 1 million-square-foot structure will be the 17th such facility for this major player.
Top 10 Posts of 2017
Miss out on any CPE articles in 2017? Catch up on our most popular posts of the year.
Economy Watch: Some 12K Stores at Risk of Closure in 2018
Despite a strong holiday season, retailers will still face a wave of closures in 2018 that will likely surpass the 9,000 stores closed in 2017, according to recent Cushman & Wakefield estimates.
Bridge Office Sells 460 KSF Metro Atlanta Complex
The company sold Parkway Center to The Simpson Group after raising its lease level from 54 to 97 percent since acquiring the Marietta, Ga., asset in 2014.
Cresa to Manage National United Access Portfolio
The tenant rep firm netted a contract for 26 industrial and retail properties, spanning from Oregon to New York, for the major supplier of wheelchair-accessible vehicles and equipment.
Commercial and Multifamily Mortgage Flows
With only a few exceptions, since 2008, the balance of commercial and multifamily mortgages held in CMBS has declined each quarter.
Employment Picture
Year-over-year, the largest change in employment was in the Farming, Fishing and Forestry occupations, which gained by 16.5 percent. Following that, the next increases were in Production (5.2 percent) and Construction and Extraction (5 percent).
Economy Watch: Retailers Get a Holiday Gift
This season, sales made their best showing since 2011, thanks to online shopping, early-season promotions and a comeback by some struggling categories.
Home2 Suites Opens in Broward County
Managed by Naples Hotel Group, Home2 Suites by Hilton Miramar adds 101 suites to Greater Fort Lauderdale’s steady tourism industry.