Industry News

Which NC, SC Big Lots Stores Will Stay Open? These 63 Likely Locations Are On A List
Retailer Big Lots filed for bankruptcy in September 2024 and currently has 872 U.S. stores. It’s unknown how many will close, but a list of 200 likely to stay open is in a recent court filing.

70% Of CRE Investors Plan To Increase Acquisitions This Year
While multifamily and industrial remain the favorites, retail is getting more attention.

Northlake Mall To Be Acquired For $39 Million
The purchase price is more than $200 million shy of the price it was purchased for just over a decade ago.

Macy’s, Kohl’s Announce Dozens Of Store Closures
Two of the best-known department stores in the U.S. plan to close almost a hundred stores combined in the coming months.

Open-Air Shopping Centers Driving ‘Retail Renaissance’
Recent volatility in capital markets has created a challenging environment for investors. It has also created opportunities for those who can adapt their strategies to the changing fundamentals.

Here’s To Cheer, Joy & Peace…
Warm wishes for a wonderful holiday season!