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Food halls adapted quickly to the crisis, perhaps more than more retail categories; in fact, 75% were able to stay open during lockdowns by pivoting to this model, according to the latest Cushman & Wakefield Food Hall Report.
Vertical Ventures LLC recently closed on the acquisition of the three-building office/R&D campus for $45.5 million with plans to invest additional capital for market-ready renovations to currently unoccupied tenant spaces.
The New Jersey-based brokerage has recently experienced an increase in retail lease transactions, as tenants seek relocation from malls to open-air spaces.
Royce City, east of Dallas, experienced a tremendous amount of growth in recent years and Huffines thinks that trend will continue into the foreseeable future.