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A rare retail automotive asset in San Diego's South Bay trades hands with a 176% return, proving that retail meeting specific characteristics will endure.
GGP is likely to be the first of many shopping center and mall owners that are dismantled as fewer mega players drive the restructuring and pruning of the sector
The mixed-use transit-oriented development, Passage at San Mateo, is surrounded by retail including a market hall and class-A buildings, and adjacent to a Caltrain station, with the ability to reduce traffic by 25%, GlobeSt.com learns in this EXCLUSIVE.
The region, a hub for Southern California tourism, is acting on its plan to enhance and grow its Beach Boulevard Entertainment Zone, and the addition of Butterfly Palladium is part of that plan, OTL's principals tell GlobeSt.com.
JLL reports that since the fourth quarter of 2017, 77% of the 293 announced retailers opening locations in DC have been dining spots, 15% of which were coffee shops.