Portland to Land Pacific Northwest’s First Ritz-Carlton Hotel – CoStar
The Pacific Northwest's first ever Ritz-Carlton hotel is coming to Portland, Oregon.
The Pacific Northwest's first ever Ritz-Carlton hotel is coming to Portland, Oregon.
The health care establishment has yet to consider its patients as customers. This leaves opportunities aplenty for a retail industry that has long dedicated itself to customer service.
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.
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.
From the Gap to Family Dollar, retailers are announcing hundreds of store closures, with no end in sight.
Millennials are driving fitness, beauty and wellness concepts, many of which operate on membership models and drive regular shopper traffic.
Download PDF Here As the Oregon economy keeps expanding (reflected in the current unemployment rate of 4.6-4.8% according to the... View Article