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Rite Aid Closes Last Remaining Locations Nationwide

Rite Aid Closes Last Remaining Locations Nationwide

Rite Aid has officially closed the doors to all its remaining stores across the United States, marking the end of the longtime pharmacy chain after filing for Chapter 11 bankruptcy earlier this year. As of Monday morning, the company’s website now consists of a single...
Retail Demand In Myrtle Beach Stays Negative As Vacancy Stays Low

Retail Demand In Myrtle Beach Stays Negative As Vacancy Stays Low

Retail landlords in Myrtle Beach are finding reasons to stay optimistic as the market shows steady improvement, according to a recent industry report. While absorption remained slightly negative in the second quarter at -15,000 square feet, that’s a major improvement...
Asana Partners Launches Redevelopment Of Pacific Box In Charleston

Asana Partners Launches Redevelopment Of Pacific Box In Charleston

Asana Partners has launched the redevelopment of Pacific Box, a 221,600-square-foot mixed-use property located on Charleston’s Upper Peninsula. The project will transform 26,000 square feet of office space into retail and dining options, with completion slated for the...
Charlotte’s Retail Scene Thrives Amid Strong Growth, Tight Vacancy

Charlotte’s Retail Scene Thrives Amid Strong Growth, Tight Vacancy

Charlotte, known as the Queen City in honor of Queen Charlotte, has seen a retail boom in the post-pandemic era, driven by robust population growth and resilient consumer demand. According to recent reports, retail vacancy rates in the city have stayed below 4% in...
Smoother, Faster, Smarter: How Tech Is Changing CRE Transactions

Smoother, Faster, Smarter: How Tech Is Changing CRE Transactions

The commercial real estate (CRE) industry is undergoing a significant transformation, moving away from outdated manual methods toward a tech-driven approach. This shift is streamlining property acquisitions and enabling more informed decisions by maximizing the value...
Class A Malls Buck the Retail Decline Narrative

Class A Malls Buck the Retail Decline Narrative

In an era where e-commerce continues to expand and physical retail faces ongoing challenges, traditional malls are often viewed as a fading relic. But recent data tells a more nuanced story—especially for top-tier malls. Monthly visits to Class A malls held steady...
Grocery Store Traffic Holds Steady Amid Multiple Headwinds

Grocery Store Traffic Holds Steady Amid Multiple Headwinds

Despite rising food prices, shifting consumer confidence, and tough competition from discount retailers and superstores, traditional brick-and-mortar grocery stores are holding their ground in 2025. A recent analysis by Placer.ai reveals that these stores are not only...
Class B Malls Offer Prime Redevelopment Opportunity

Class B Malls Offer Prime Redevelopment Opportunity

The future of Class B malls may increasingly depend on the trend of transforming underperforming properties into mixed-use developments, especially as new retail construction slows. These redevelopments aim to combine retail, lifestyle, entertainment, and essential...
Walgreens Acquisition Sets Stage For Major Retail Real Estate Changes

Walgreens Acquisition Sets Stage For Major Retail Real Estate Changes

The recent announcement that Sycamore Partners will acquire Walgreens Boots Alliance, ending its nearly century-long status as a public company, is expected to have a major impact on the commercial real estate market. This acquisition, valued at up to $23.7 billion,...