Commercial Real Estate & Business News December 23, 2019
Versace Joins High-End Retail Parade at Scottsdale Fashion Square in Arizona Versace is stepping into the shopping scene in Scottsdale, Arizona, along with the well-heeled who flock to Scottsdale Fashion Square, a mall recognized for its collection of luxury retailers. The iconic Italian apparel and accessories brand was started in 1978 by haute couture designer Gianni […]
Commercial Real Estate & Business News December 20, 2019
NRF: Nearly 148 million Consumers Plan to Shop on Super Saturday Consumers still have plenty of holiday shopping to do. An estimated 147.8 million U.S. consumers expected to shop online and in-store on Super Saturday, Dec. 21, according to the annual survey released Tuesday by the National Retail Federation (NRF) and Prosper Insights & Analytics. That […]
Commercial Real Estate & Business News December 19, 2019
The Monday Morning Quarterback It was an interesting week. Most of the economic news was good. The U.S. and China reached an interim agreement on tariffs. The U.S. will agree not to impose tariffs on $160 billion worth of Chinese goods that were supposed to go into effect yesterday. In addition, import taxes on $112 billion […]
Commercial Real Estate & Business News December 18, 2019
Freddie Mac’s Guggenmos Looks Ahead to 2020 for Multifamily Apartment rents are still on the rise. Rental communities across the country are still fully occupied on average, despite years of new construction. But just a few months ago, the financial markets flashed warning signs of a possible recession in 2020. How long can the good times […]
Commercial Real Estate & Business News December 17, 2019
For Emerging Retailers, Bricks Can Boost Clicks Emerging brands and direct-to-consumer companies are taking center stage in the U.S. retail real estate industry, not as alleged destroyers of brick-and-mortar locations but as converts to those stores. Companies are acknowledging to real estate brokers and landlords that having a physical location, it turns out, is important. It […]
Commercial Real Estate & Business News December 16, 2019
Power of the Pause: Are We in the Age of the Mini Recession? There seems to be a common consensus these days that we are due for a recession. It’s understandable why many may believe this: Over the past 40 years, the U.S. has experienced a recession approximately every 10 years (1980-82, 1990-91, 2001, 2008-09). There […]