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Entertainment Experience Evolution 2020

Over the past decade, developers, restaurateurs, entertainment venues and mixed-use properties have diligently worked to carve a new future for the physical retail environment. Entertainment Experience Evolution is the conference that gives you the tools and knowledge to push the envelope further and continue the industry’s progress. As with the retail real estate industry, Entertainment Experience Evolution continues to evolve! This year, we are pleased to welcome Joseph Pine, author …

Ancillary Retail 2020

The Ancillary Retail Expo is designed for industry players to network and learn hands-on methods to increase revenue in traditional and non-traditional shopping environments. The Ancillary Retail Expo covers specialty leasing, RMUs, pop-ups, vending, marketing, entrepreneurship and out of home media through dynamic speakers and educational sessions and a fantastic group of exhibitors ready to do deals. Join us in New Orleans and learn where to find the next hot retailer or product, how to …

THE Inland Empire Commercial Real Estate Conference 2020

Western Real Estate Business, Shopping Center Business and California Centers magazines along with the InterFace Conference Group are pleased to announce THE Inland Empire Commercial Real Estate Conference. The event will be held January 23rd in the City of Moreno Valley. Covering the retail, industrial and multifamily sectors, this event brings together the industry players who buy, sell, develop, redevelop, lease or finance properties in the Inland Empire. The Inland Empire is one of the …

Price Escalation in Other Asset Classes Pushes Investors Toward NYC Retail

The value proposition for retail investment in New York City is reaching new highs amid an arguably overvalued office market and a multifamily market that continues to grapple with onerous new regulations. Rapid price escalations in both of these sectors have played an integral role in spurring additional investor demand for retail as of late. Analysis of Avison Young’s third-quarter property sales report for Manhattan revealed a rare opportunity, as the average price per square foot for …

Milwaukee Market Experiences Development Boom Across Neighborhoods

Milwaukee has experienced development at an unbelievable rate, and within the past couple of years there has truly been a downtown renaissance worth bearing witness. The city has done an excellent job of creating value, attracting jobs and spurring development that has led to unprecedented economic and social revitalization. With both local and national headlines praising Foxconn, Amazon, Northwestern Mutual and the Milwaukee Bucks, it is no wonder things have changed. While Milwaukee continues …

Retail Opportunities Abound: Investment Sales, Development Rise in Houston

Elevated consumer spending tied to a strong job market in the greater Houston area is driving retail investment and tenant demand in suburban and urban submarkets alike. As a result, it’s one of the nation’s top MSAs for retail development, with more than 3 million-plus square feet under construction market-wide. From an investment perspective, single-tenant and ground-leased assets remain favorable with investors. E-commerce-resistant tenants like fitness, restaurants, automotive service …

Boston’s Retail Market Continues Move Toward Efficiency

With older, pure-play retail space being repurposed into mixed-use developments and e-commerce-resistant users growing their regional footprints, the Boston retail market is evolving in lockstep with that of the United States. At the same time, new, trendy retailers and restaurant concepts are vying to get their feet in Boston’s door, drawn to the market’s healthy fundamentals and above-average levels of disposable household incomes. The net result of all this activity is a revitalized …

Retailers on the Rise in Grand Rapids Market

It’s no secret that Grand Rapids is one of the fastest growing cities in the United States. Grand Rapids and its surrounding suburbs led much of Michigan’s population growth last year and have been continuously recognized by national surveys. Two studies conducted by WalletHub in late 2018 and early 2019 ranked Grand Rapids in the top 10 percent of cities analyzed as having one of the fastest growing economies and also ranked it in the top 30 percent of markets studied as being one of the …

New Tenant Mixes Fuel Retail Redevelopments

A persistent need for a tenant mix that is resistant to e-commerce and which facilitates a unique, authentic experience is prompting owners of older retail centers and malls to assume high levels of risk and redevelop their properties. While there can be a plethora of non-tenant-related factors that spur redevelopment projects — the basic need to charge higher rents, the structural and aesthetic deterioration over time, a desire to restore the public perception of vibrancy — the ultimate …

Housing, Labor Fundamentals Showcase Midland-Odessa Retail Market’s Potential

The Midland-Odessa retail market continues to get stronger, even with the slight dip in oil prices over the last year. West Texas Intermediate crude oil prices stood at $56.11 per barrel as of August 28, 2019. The economy has remained very strong, with the average unemployment rate in the Midland and Odessa MSAs averaging 2.4 percent in 2018 — essentially full employment. That unemployment rate is also about two percentage points lower than it was in 2012. Housing Drives Retail This strong …

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