Retail

Creating a sense of community can lead to long-term benefits for shopping centers trying to stand out.

The company expects 150 closures in the next three years and to add more smaller format locations.

Drug stores are trying to figure out the new model.

Also, the company shares its strategy when it comes to targeting assets.

"I think that just shows really strong consumer propensity to get out there and spend."

Avison Young said that New York is at a 77 percent return to the office rate versus pre-pandemic levels.

The area saw 67 percent growth from 2023.

After a period of challenging market conditions, 2025 could be shaping up to be a year of recovery across sectors.