Phil Costa

Bed Bath & Beyond’s Bankruptcy Puts Distribution Space at Risk

Bankruptcy Puts Millions of Square Feet of Bed Bath & Beyond Distribution Space at Risk

Bed Bath & Beyond’s recent bankruptcy filing has significant implications for the retail property sector, now that the company has announced plans to close its remaining 480 stores across North America, including […]

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ChaptGPT May Look for Commercial Real Estate

ChatGPT Could Find a Place in Commercial Real Estate

Since OpenAI’s chatbot launched in November, real estate professionals across the country have experimented with it to help with tasks ranging from copy editing to tweaking the tone of an […]

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Target Expands Drive-Up Returns

Target Expands Drive-Up Returns As Chains Cope With Unwanted Online Purchases

Discounter Target plans to roll out drive-up return services for customers across its chain nationally as retailers change the look and design of their stores to inexpensively handle sent-back merchandise […]

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New Jersey’s Proposed Liquor License Reform Wins Support

New Jersey Governor’s Proposed Liquor License Reform Wins Support From Real Estate Sector

New Jersey Gov. Phil Murphy’s proposal to overhaul what he described as the state’s “antiquated and confusing” Prohibition-era liquor license laws is drawing support from the real estate community and […]

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US Industrial Development Starts the Plunge in the Fourth Quarter

Inflation and the higher interest rates accompanying it have finally begun to curtail the largest commercial real estate construction boom by square footage recorded for any property type in the […]

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Royal Farms Plans for North Carolina Expansion

Royal Farms Expanding

Royal Farms is the latest convenience store chain plotting a course to expand in the Southeast. Baltimore-based Royal Farms will open stores in six North Carolina cities starting in early […]

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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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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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World Series Matchup Between Astros and Phillies: A Costar Look

Philadelphia Phillies

A World Series between the Houston Astros and Philadelphia Phillies, set to start Friday in Texas, also is a matchup of two of the country’s most important commercial real estate […]

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Warehouse Demand Shows Signs of Cooling for First Time Since Pandemic’s Onset

Warehouse Demand is Beginning to Slow Down

The softening economy is finally catching up with the nation’s industrial real estate as a pandemic-fueled boom in warehouse demand shows signs of slowing. The U.S. industrial vacancy rate ticked […]

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US Industrial Development Finally Catches Up With Tenant Demand

Warehouse & Industrial Space

Last year, developers completed a bumper crop of new industrial property tallying 475 million square feet across the U.S. covering a combined land area the size of Boston. This building […]

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Worries Over a Slowdown in Lending May Be Premature

Costar - News

Earlier this summer, when gas prices neared $5 per gallon and the United States was dealing with inflation worries, many commercial real estate experts predicted a slowdown in lending for […]

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