retail


Philadelphia’s Retail Sector is the Sole Property Type Experiencing a Reduction in Vacancy

Philadelphia's Retail Sector is the Sole Property Type Experiencing a Reduction in Vacancy

Between the first quarters of 2020 and 2024, the Philadelphia commercial real estate market exhibited diverse trends in its major sectors—retail, industrial, multifamily, and office. Retail defied expectations, experiencing consistent […]

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Rising Retail Capitalization Rates Amid Sustained Consumer Demand

Retail Capitalization Rates Shift Higher, Despite Enduring Consumer Demand

After a period of price discovery, the Philadelphia region is adjusting to a new valuation standard for commercial real estate assets. Recent transactions indicate that the higher interest rates of […]

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New York Metro: 2023 Year in Review

NYC 2023 Year in Review with Office and Retail Sectors.

As we reflect on the New York Metro’s 2023 journey in both retail and office sectors, it’s clear that challenges persist but so do opportunities. While the office market declined […]

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Rising Interest Rates Pose Challenges for Retail Transactions, Potentially Impacting Cap Rates

Rising Interest Rates Pose Challenges for Retail Transactions, Potentially Impacting Cap Rates

Compared to other property segments, the retail sector has seen modest declines in prices. Surprisingly, retail’s historically low vacancy rates and minimal new constructions over the past decade have challenged […]

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Retailers Say More Store Openings Than Closings in 2023

Retailers Announce More Store Openings Than Closings in 2023

On December 19, 2023, at 1:34 P.M., the retail landscape experienced a notable shift after a two-year period of relative calm on the bankruptcy front. In 2023, the industry was […]

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Retailers Continue Favoring Small Store Sizes

Retailers Keep Favoring Smaller Store Sizes

The retail landscape continues its profound, enduring transformation in response to evolving consumer behavior. This shift encompasses not only the evolving roster of tenants leasing retail space but also the […]

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62 Bed Bath & Beyond leases will help retailer with new store goals

Burlington CEO says 62 Bed Bath & Beyond leases will help retailer with new store goals

Burlington is also in the midst of rolling out its smaller store prototype, which the South Jersey retail expects to boost sales productivity and operating margins. *Article courtesy of Philadelphia […]

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Restaurant Properties Sell Across US

Restaurant Properties Sell Across US As Investors Bet on More Demand for Dining Out

A pair of restaurant portfolio deals in the past week, following Darden Restaurants’ purchase last month of Ruth’s Chris Steak House, marks a return of investor interest as demand improves […]

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Big Box Retail Stores Set to Close Across US in 2023

Big Box Retail Stores Closing Across US

America is bracing for a mass exodus of retail stores across the nation this year, with more than 800 big box locations set to close from California to New York.  Among the iconic […]

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Five Below Store Openings are Slow but Moving Forward

Five Below Slow Openings But Still Moving Forward with Expansions

Discount retailer Five Below’s store expansion slowed a bit this year, but the retailer still expects to be just about on target to debut 1,000 brick-and-mortar sites in the next […]

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Retailers Cautiously Optimistic About Holiday Shopping

Covid-19 concerns are diminished, inflation worries are high. But consumers are ready to celebrate what’s for many the first so-called normal holiday season in three years, which experts say should […]

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Amazon’s Strategy for Big Industrial Space Cuts

Amazon Big Industrial Cuts

Retail behemoth Amazon is generally tight-lipped about its real estate strategy, and it didn’t say much about its decision to trim its industrial portfolio earlier this year. Still, through its […]

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