Regional Mall Owners Focus on Adaptive Reuse and Smaller, More Nimble Tenants – NREI
Of the more than 16 million sq. ft. of retail leases signed in the last five quarters—across all retail sectors—Reis reported grocery stores were the No. 1 new tenant, followed by home/houseware stores, gyms/fitness studios, discount variety stores, and discount clothing stores. Trampoline parks—part of the much-talked-about experiential retail—were also in the top 10.
Opportunity zone rules aim to spur further business and real estate investment – Accounting Today
The proposed regulations on opportunity zones issued by the Internal Revenue Service and the Treasury Department last week could unlock greater real estate investment in low-income communities and give business investors a chance to reap tremendous profits with their taxes deferred for years into the future. The impact on communities around the country could be far-reaching, driving up property values but also potentially making places to live less affordable
What Does Industrial’s Future Look Like? – Globe St.
Warehouses are getting smarter, and distribution channels are getting more efficient. As consumers demand faster delivery of goods, the industrial sector will play a huge role in making that happen and technology will be the driver.
Mall Outlook Darkens as Online Sales Surge – CoStar
The report shows that for the first time, nonstore retail sales, which include e-commerce sales, totaled more than those for the department stores that anchor most traditional Class B and Class C malls.
E-Commerce, Changing Demographics Boost Storage, Warehouse Demand – Oregon Business
It is well-known how Amazon has transformed the retail sector as millions of Americans turn to the e-commerce website to buy products at the click of a button. Less known... View Article
Portland Rents Increased Significantly Over the Past Month -RHJ
Portland rents have increased 0.4% over the past month, but are down slightly by 0.3% in comparison to the same time last year, according to a new April report from Apartment List.
Beyond the Bookstore: A Look at the Rise of Campus Retail – National Real Estate Investor
The face of campus retail is changing. For decades, universities were known for their dearth of retail beyond a college bookstore. But now, retailers both large and small are seizing the opportunity to expand their operations beyond traditional shopping centers and onto university campuses where they can capture the attention of a niche audience: students.
Self-Storage Investors Start Looking at Smaller Markets to Capture Higher Yields – NREI
Investors who buy self-storage properties are being more careful about which assets to bet on, but they continue to be willing to pay top dollar for these properties.
No Relief for Retail Landlords as Store Closures Ramp Up Once Again – National Real Estate Investor
From the Gap to Family Dollar, retailers are announcing hundreds of store closures, with no end in sight.
Viewpoint: Why Opportunity Zones are not a tax giveaway to wealthy developers – Portland Business Journal
You have recently seen many articles or may have taken classes on Qualified Opportunity Zones. There is much discussion about whether the program will truly spur economic development or whether it is simply more tax breaks for wealthy developers. Much of the information we have read is confusing and sometimes inaccurate.
Job Growth and Millennials Driving Multifamily Demand – GlobeSt.com
There has been a shift in demand for rental housing due to demographic and other changes in our society.
Thriving ‘Self-Care’ Sector Fuels Demand for Strip Center Space – National Real Estate Investor
Millennials are driving fitness, beauty and wellness concepts, many of which operate on membership models and drive regular shopper traffic.
Case Study: Kachina Lodge Resort & Meeting Center, Taos, NM
Kachina Lodge Resort Hotel & Meeting Center located at: 413 Paseo Del Pueblo Norte, Taos, NM 87571 ABOUT THE PROPERTY Kachina Lodge, an iconic Taos landmark, is a 118 guest-room... View Article
Portland Apartments Sector Primed for More Expansion in 2019 – CoStar
It’s clear from almost every metric that the Portland multifamily sector’s performance in 2018 outstripped that of the prior year in virtually every respect: rent growth increased, sales volume was up more than 30 percent and the number of new units added to the market during the year is way, way up.
Why Developers Are Warming Up to Co-Living – GlobeSt.com
As Los Angeles—and, really, greater Southern California—moves toward density, developers have been challenged to find affordable ways to house the growing population. Co-living has quickly moved to the top of... View Article