Retail
Curtis Spencer: Is E-Commerce Right for You?
Curtis Spencer, president of IMS Worldwide Inc., offers insights on the fast-growing e-commerce distribution phenomenon with CPE editorial director Suzann Silverman during NAIOP’s inaugural E.CON conference.
Economy Watch: Job Creation Spikes in April; Manufacturing, Construction Gain
The economy added 288,000 jobs in April, and manufacturing expanded for the 11th consecutive month.
CPE 100 Quarterly Sentiment Survey: Job Market Growth to Boost Demand for Space in 2014
Half of executives surveyed say that end users will seek more space for expanded departments or geographic growth in 2014.
DDR Sells Brazilian Retail Investment for $344M
DDR Corp. has sold its 50 percent ownership interest in Sonae Sierra Brazil BV Sarl, a Brazilian retail center, to German investor Alexander Otto for $344 million.
Herrick Co. Buys 44 CVS-Leased Retail Properties for $190M
The Herrick Co. shelled out $190 million on the acquisition of a portfolio of triple-net leased retail/pharmacy locations spanning 17 states, all of which are leased to CVS Caremark, from Fortress Investment Group.
CrowdVested Launches First Southeast Crowdfunding Campaign for Retail Project in Atlanta
CrowdVested together with Paces Properties is offering the first equity crowdfunding in the Southeast open to both accredited and non-accredited investors.
European Retailer Primark Signs First U.S. Lease in Boston
Dublin-based budget fashion retailer Primark has signed a long-term lease for four floors in the eight-story Burnham Building, part of the Millennium Tower development in downtown Boston.
Millennial Magnets: Top Locations
Which U.S. counties sport the highest concentrations of Millennials? The Nielsen Co. analyzed this three different ways: for householders age 20-34, those age 25-34 (which focuses attention on those more likely to have entered the workforce and attained greater earning power) and those age 25-34 with high incomes. The following charts rank the top 50 counties for each category. For a more extensive discussion of where Millennials live, how they are spending their money and how retail real estate owners can best apply this information, turn to “Millennial Magnets,” the 2014 CPE-Nielsen Special Report in the May 2014 issue of…
Tighter Markets, Rising Rents: 2014 Retail Outlook
Signs are pointing to strengthening retail markets around the country. Even locations with relatively high vacancy are expected tighten this year, according to projections from Marcus & Millichap Real Estate Investment Services Inc. To see estimated vacancy, asking rents and construction completions for more than 40 major markets, download Marcus & Millichap’s 2014 National Retail Report and turn to the table on page 32. In addition to these 2014 projections, the 64-page report includes detailed updates on the factors shaping investment prospects in each of those markets. To access the proprietary information in the 2014 National Retail Report, log in…
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