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Commercial Real Estate & Business News – December 12, 2017

Despite the uncertainty surrounding healthcare reform and the future of the Affordable Care Act, an increased focus on improving population health and affordability is here to stay. By making smart decisions about the right place to deliver the right care, hospitals and patients alike can benefit from reduced costs and increased convenience while also establishing new revenue sources for hospital systems…»
 
What’s ahead for retail real estate in 2018? That crucial question was a leading topic of conversation among the estimated 11,000 professionals who attended the International Council of Shopping Centers’ annual New York City Deal Making event last week. During conversations at the site of the convention, Javits Center in Midtown Manhattan, industry veterans offered perspectives as diverse as the retail sector itself…»
 
Ground has been broken for a 96,000-square-foot speculative industrial facility at Falcon Field in Mesa. The Falcon Field Business Center, 3110 N. Greenfield Road, will be designed to attract manufacturing and distribution users to the Falcon Field District. It is near Falcon Field Airport, Boeing and Loop 202…»
Chicago in 1850 was a muddy frontier town of barely 30,000 people. Within two decades, it was 10 times that size. Within another two decades, that number had tripled. By 1910, Chicago – hog butcher for the world, headquarters of Montgomery Ward, the nerve center of the nation’s rail network – had more than 2 million residents. “You see these numbers, and they just look fake,” said David Schleicher…»
Starbucks Coffee Company has pulled out all the stops in Shanghai, opening the second location of its interactive, multi-sensory Starbucks Reserve Roastery format. The coffee giant even partnered with another retail powerhouse, Alibaba Group, to create Starbucks’ first augmented reality experience. Starbucks debuted its upscale Roastery format three years ago, in its Seattle hometown…»