Phil Costa
Bed Bath & Beyond’s Bankruptcy Puts 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 […]
Read More....ChaptGPT May Look for 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 […]
Read More....Target Expands Drive-Up Returns
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 […]
Read More....New Jersey’s Proposed Liquor License Reform Wins Support
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 […]
Read More....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 […]
Read More....Royal Farms Plans for North Carolina Expansion
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 […]
Read More....Five Below Store Openings are Slow but Moving Forward
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 […]
Read More....Amazon’s Strategy for Big Industrial Space 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 […]
Read More....World Series Matchup Between Astros and Phillies: A Costar Look
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 […]
Read More....Warehouse Demand Shows Signs of Cooling for First Time Since Pandemic’s Onset
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 […]
Read More....US Industrial Development Finally Catches Up With Tenant Demand
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 […]
Read More....Worries Over a Slowdown in Lending May Be Premature
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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