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In advance of our upcoming GlobeSt. Net Lease national conference in New York City, Glen Kunofsky, executive managing director of investments at Marcus & Millichap, says investors are seeking experiential properties as opposed to traditional retail net leases.
The industrial sector is expected to weather the economic ramifications of the COVID-19 pandemic better than other areas of the economy, Colliers says.
Washington Prime Group intends to convert the former Sears location in Morgantown Mall in Morgantown as a logistics, distribution and fulfillment center for the West Virginia University Medicine network.
Pacific Commons South's Phase I is complete and slated to open in fall 2020, followed by Phase II to include one of the largest individual installations of EV charging stations at a Bay Area spec project.