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LAS VEGAS—Fresh from their annual Retail Trends press conference at RECon, Marcus & Millichap's Hessam Nadji and Bill Rose set the record straight on the retail outlook.
LAS VEGAS—Yes, there's some trouble in retail, but not all retail, and smart stores thrive. So says Lee and Associates Mark Kapnick. But why does he say, “Food users to the rescue?”
NEW YORK CITY—Normandy and Kassabian Realty plan to immediately begin a capital improvement program at the property located at 43-10 23rd St. The capital improvements at the property will include a full gut rehabilitation, new systems, renovation of the lobby and the addition of multiple outdoor spaces.
ORANGE COUNTY, CA—From big-box downsizing to Internet shopping and rising costs, the challenges retail real estate faces are great, but the nimblest and most resourceful players will win in the end, experts tell GlobeSt.com.
LAS VEGAS—Jay Rollins, founder and managing principal of JCR Capital, tells GlobeSt.com that there is a herd mentality to escape retail right now and that will lead to opportunity for those with a deeper perspective.
GLENDALE, CA—Kennedy Wilson Real Estate Fund V invests a total of $50 million of equity, and also secured a five-year interest-only loan for $94 million.