Multifamily Market May See Relief As Supply Peaks
Multifamily landlords in high-growth areas may soon experience some relief. Willy Walker, Chairman and CEO of Walker & Dunlop, who is set to speak at GlobeSt.’s multifamily panel on April 1 in New York City, believes that the overwhelming supply influx in...
Self-Storage Development Slows, Expected To Drop 2% By 2027
Self-storage development continues to decelerate, with new supply expected to drop to 2% of total inventory by 2027 and further decline to 1.5% through 2030, according to Yardi Matrix’s latest self-storage report and forecast. Construction starts are projected to...
Industrial Report: Manufacturing Drives Industrial Expansion
The manufacturing sector continues to grow at a rapid pace, with over 100 million square feet of industrial space delivered since 2022 and an additional 100 million square feet under construction as of January, according to the latest CommercialEdge industrial report....
National Retailer Store Leases To Be Sold At Bankruptcy Auction
A&G Real Estate Partners, a New York-based real estate advisory firm, is preparing to auction off hundreds of retail store and distribution center leases following the bankruptcy of Joann Inc., the well-known fabric and craft retailer headquartered in Hudson,...
Retail Investment Boom Expected To Continue In 2025
Investment in the retail sector soared to $21.2 billion in the second half of 2024, marking a 36% increase from the first half of the year. This growth pushed total retail investment volume to $36.8 billion for the year, reflecting a 6% year-over-year increase,...
Bankrupt Retailer Joann To Close 500 Stores
Fabric and craft retailer Joann is set to shut down more than half of its stores nationwide as it navigates its second Chapter 11 bankruptcy within a year. The company plans to close around 500 of its 800 locations across 49 states, according to the Associated Press....
Aldi Plots 225-Store Expansion After Buying Winn-Dixie, Sells 170 Stores Back To Former Owner
Aldi is set to embark on a major expansion in 2025 while simultaneously selling back some of the stores it acquired in 2023. The company plans to open 225 new locations next year, marking its fastest expansion yet. This growth will come from both brand-new stores and...
Which NC, SC Big Lots Stores Will Stay Open? These 63 Likely Locations Are On A List
The company helping Big Lots navigate its bankruptcy has shared a list of stores likely to remain open. Gordon Brothers Retail Partners, the Boston-based asset liquidation firm working with Big Lots, submitted a list of 200 locations in a court filing Monday at the...
70% Of CRE Investors Plan To Increase Acquisitions This Year
If current trends hold, the commercial real estate (CRE) market is poised for growth in 2025, with investors anticipating increased activity. According to recent surveys, 70% of CRE investors expect to acquire more assets in 2025 compared to 2024. Nearly half of...
Northlake Mall To Be Acquired For $39 Million
Northlake Mall, once valued at over $248 million, is set to be sold for $39 million, a significant loss of more than $200 million from its original purchase price a decade ago, according to a filing in the North Carolina Business Court. Since 2021, the mall has been...
Macy’s, Kohl’s Announce Dozens Of Store Closures
Kohl’s announced plans to close 27 underperforming stores by the end of April, while Macy’s revealed it will shut down 66 locations during the first quarter as part of a strategy to focus on high-performing stores and online sales. Macy’s aims to reduce its footprint...
Open-Air Shopping Centers Driving ‘Retail Renaissance’
During the e-commerce boom of the pandemic, millions of consumers shifted to online shopping from home, leading some experts to declare the beginning of the “retail apocalypse” for traditional brick-and-mortar stores. However, while other sectors of...
Here’s To Cheer, Joy & Peace…
As the year comes to a close, we want to express our heartfelt gratitude for your continued support and partnership. May your holidays be filled with joy, peace, and prosperity. We look forward to achieving even greater success together in the coming...