Retail

News

Sharp Decline in Personal Income Tax Revenue Fuels $3.7B Decline in State Tax Collections

John Jordan |

Personal income tax receipts for the year totaled $48.1 billion, a decline of $3.4 billion, or 6.6%, from 2017-18, primarily due to a decrease in estimated payments.

News

Orlando Continues Long-Standing Lead in Job Growth

John Jordan |

The industries with the highest growth over the year in the Orlando area in March were professional and business services with 19,100 new jobs and leisure and hospitality with 10,100 new jobs.

Features

Experts Talk RECon; New Emerging Concepts and Power Centers

Natalie Dolce |

The 2018 edition of ICSC's colossal RECon convention is gearing up and GlobeSt.com chats with a few expert sources on their expectations and predictions for the show.

News

Fort Lauderdale’s Flagler Village Now Becoming a True ‘Live, Work, Play’ Destination

John Jordan |

Flagler Village, a former neglected warehouse and residential district in Downtown Fort Lauderdale, is a case study of how an area’s resurgence can be tied to the arts, culture and entertainment, similar to what happened earlier in the Wynwood section of Miami.

News

Redevelopment of Prairie View Retail Center Greenlighted in Morton Grove, IL

Steve Lubetkin |

Kensington Development and IM Properties revealed a roster of new tenants, plans for a multifamily component and a new name for the 26-acre property, Sawmill Station, located at the southeast quadrant of Dempster Street and Waukegan Road.

Why Industrial Strength is the Real Story Behind E-Commerce

Brian Lee |

Technological innovation has led to industrial transformation and a renewed race for space.

News

Vornado Sells Stake in $5.6B Fifth Ave, Times Square Portfolio

John Jordan |

In connection with the deal, Vornado also reports that Haim Chera, 50, has left the family-owned Crown Acquisitions to join Vornado as its EVP- head of retail.

Best Retail Sales Since 2017 Brighten US Growth Outlook

Reade Pickert |

With first-quarter gross domestic product figures due April 26, the surprisingly strong retail report spurred economists to further increase projections.

News

City of Dania Beach Looks to Redevelop City Center Site

John Jordan |

The offering provides “an open canvas to developers for a multi-year phased development plan with a goal to jumpstart and stimulate redevelopment in the city’s Urban Core,” the city states.

Features

Monmouth University Real Estate Center Head Reinhart Named EVP at R.J. Brunelli

Steve Lubetkin |

Reinhart, the long-time general counsel for K. Hovnanian, will lead Brunelli’s efforts to assist homebuilders and other developers, as well as buyers and tenants on mixed-use projects.