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SAN FRANCISCO—A research report looks at 145 flagship stores in four of the key markets of the country, including San Francisco, and found an increase in retailers across all price points using a flagship store strategy.
NEW YORK CITY—Allocating a substantial amount of resources to the asset class, the fund belongs to Global One Investments, the acquisitions arm of Nelson Management Group.
FORT WORTH—The Arlington area and other suburbs of Northwest Fort Worth are also garnering healthy investor interest, with first-year returns averaging in the high 5% to mid-6% range.
HOUSTON—Although the office market has challenges due to the oil downturn, some tenants have found opportunities in the uncertainty, such as a sublease at 717 Texas Ave. in Houston's CBD.
HOFFMAN ESTATES, IL—In a pre-recorded conference discussing Sears Holdings' third-quarter results, CFO Jason Hollar acknowledged that that the retailer had “fallen short” in its turnaround efforts.
NEW YORK CITY—The hockey league has inked a large office lease for the developer's Manhattan West complex, along with an agreement to open a retail store at the site.
LOS ANGELES—The Canadian developer adds to its bullish Downtown Los Angeles portfolio with the purchase of a 38,000-square-foot development site in the Arts District.