Commercial Real Estate & Business News May 28, 2019
Optima Sonoran Village Announces Opening of Final Tower Optima Sonoran Village, known for its luxurious high-rise living spaces, award-winning architecture and world-class amenities, has opened its fifth and final tower.Located on the Southeast corner of 68th Street and Camelback Road, the final phase of Optima Sonoran Village features 176 residences across seven stories including one-, two-, […]
Commercial Real Estate & Business News May 24, 2019
South And West Continue Rapid Growth, According To New Population Data The Southern and Western regions of the United States continued to have the nation’s fastest-growing cities between 2017 and 2018, according to new population estimates for cities and towns released Thursday. New York still leads all American cities with 8.4 million residents. But as NPR’s […]
Commercial Real Estate & Business News May 23, 2019
No More Separating Online From Offline Sales The net result of the trend toward omnichannel retailing is going to be ‘less is more’. So says Nick Garzia, director of leasing in the Southeast, at Hines Retail. He tells GlobeSt.com that retailers will need fewer stores per market than they used to, but they will need to […]
Commercial Real Estate & Business News May 22, 2019
Adding New Uses a Profitable Proposition, Developers Say at RECon As the costs of land, labor and construction rise, more developers are focusing on upgrades to existing properties than they are on seeking ground-up developments or value-added centers, executives said at a RECon panel discussion. “It’s been hard to make deals economical if we can’t get […]
Commercial Real Estate & Business News May 21, 2019
Welcome to ICSC’s RECon 2019 Welcome to ICSC’s RECon 2019 event here in Las Vegas! If you are one of the 40,000 or so individuals here, you might have attended last night’s opening reception (as we did) at Encore XS Nightclub (or one of many other parties happening around the strip). No matter how you spent […]
Commercial Real Estate & Business News May 20, 2019
How a Cheap, Brutally Efficient Grocery Chain is Upending America’s Supermarkets Running a supermarket in America has never been harder. Profits are razor thin. Online shopping and home delivery are changing the way people buy their food. Dollar stores and drugstores are selling more groceries. Pressures are so intense that regional chains like Southeastern Grocers, the […]