E-Commerce
Economy Watch: E-Commerce Sales Impacting Certain Retail Sectors
While internet sales have been steadily increasing each year and each month, they are only generating significant volume in sectors like apparel and electronics, according to a new CBRE report. E-commerce has yet to gain as much traction in other retail areas.
Economy Watch Weekly: Interest Rates Rise While Retail Sales Dip
In a unanimous vote, the Federal Reserve decided to raise interest rates for the second time in 2017, indicating their optimism about the U.S. economy and the ability to handle more expensive real estate financing. But some sectors, such as retail, aren’t performing as well as others in recent months. Economy Editor Dees Stribling has the latest.
NJ Industrial Portfolio Changes Hands in $147M Deal
The transaction, comprising six northern New Jersey properties totaling 1.2 million square feet, represents the largest portfolio sale in the state this year.
EastGroup Plans 850 KSF Industrial Park in Florida
Later this year, the REIT will begin construction on Gateway Commerce Park, an 850,000-square-foot campus on a 61-acre site in the tight metro Miami market.
Brick & Mortar Retailer Woes Raise Concerns for REITs
Despite a surge in retail M&A activity, especially in e-commerce, the fiscal health of the sector has some retail REITs worried. But executives that take advantage of the opportunity for evolution should still fare well, notes BDO USA assurance partners Stuart Eisenberg and Natalie Kotlyar.
Economy Watch Weekly: Traditional Retail Sees Lowest Quarterly Growth Since 2009
E-commerce sales continue to grow, posting a 14.7 percent increase in the first quarter of 2017 from the same quarter last year, according to U.S. Census Bureau data. Conventional retailers, on the other hand, weren’t so lucky. Economy Editor Dees Stribling has the latest.
John Hancock, CRG Unveil 1 MSF Atlanta Logistics Project
The building marks the first phase of a 311-acre business park designed to accommodate more than 4.5 million square feet of warehouse space.
Economy Watch: Internet Sales Continue Robust Growth
The growth of e-commerce sales has been steady over the last decade, including during the recession, hitting $105.7 billion in the first quarter of 2017, according to the U.S. Census Bureau. Conventional retail sales, on the other hand, saw its most anemic quarterly growth since the onset of the recession.
Retail Scuffles, But All Is Not Lost
News of retail bankruptcies and store closings might be making the most headlines, but retailers and retail owners that can adapt to changing consumer preferences and compete with the rise of e-commerce can still prevail, argues Yardi Matrix Analyst Justin Dean.