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Premier Retail commercial real estate news, analysis, trends and information including shopping centers, malls, strip centers, big boxes, mixed-use, grocery, neighborhood and high-street segments deals and players.
“People are social animals and they want to congregate at shopping centers,” says Cox Castle & Nicholson's Gary Glick about the future of shopping centers.
“Property pricing as a whole ended the year where it started it, but performance in 2017 really depended on the type of property,” says Peter Rothemund with Green Street Advisors.
“Solid real estate fundamentals and economic growth suggest the US real estate cycle will last several more years,” says Melissa Reagen with TH Real Estate.
GlobeSt.com caught up with Cushman & Wakefield's Patrick Berman, retail expert and managing director with the firm's Florida Capital Markets division, to get his take.
A nearby Albertsons and Walmart Supercenter provide necessity-based daily-needs attraction to Quarry Creek Plaza here, a retail center that is 92.6% leased to a variety of Internet-resistant tenants.
The severity of the opioid epidemic is causing people to seek new, natural, alternative medicine and therapies such as acupuncture to treat their ailments, Modern Acupuncture's Chad Meisinger tells GlobeSt.com.