Retail en Five Major Trends That Will Shape Retail Real Estate in 2017 <div class="node-body article-body">We took a look at five trends that will drive the retail property sector in 2016, and found that issues related to sluggish sales and store closings will continue to challenge retailers.</div> <p><a href="" target="_blank">read more</a></p> News Retail Thu, 19 Jan 2017 08:00:00 +0000 2018721 at Report: Pittsburgh Mills Mall Sells to Bank for $100 <div class="field-byline"> Staff </div> <div class="node-body article-body">The troubled Pittsburgh Mills mall went for $100 at an auction to Wells Fargo Bank on Wednesday morning in Frazer Township.</div> <p><a href="" target="_blank">read more</a></p> Finance & Investment NREI Wire Retail Wed, 18 Jan 2017 17:22:00 +0000 2018471 at Fed's Dudley Says Consumers Haven't Shaken Recession Fears, Yet <div class="node-body article-body">The recent lift in real estate prices hasn't been enough to persuade consumers to spend against that growing value.</div> <p><a href="" target="_blank">read more</a></p> CNBC Finance & Investment Retail Tue, 17 Jan 2017 16:03:00 +0000 2017471 at Neiman Marcus Scraps IPO, Withdrawing August 2015 Filing <div class="node-body article-body">Luxury retailer Neiman Marcus Group abandoned its plans to go public, the latest sign of department-store woes.</div> <p><a href="" target="_blank">read more</a></p> NREI Wire Retail Mon, 09 Jan 2017 15:34:00 +0000 2011551 at Lampert’s Rescue of Sears Puts Him on the Hook for $1.2 Billion <div class="node-body article-body">Lampert, the Sears president, chief executive officer, top shareholder and, through his hedge fund, owner of about $900 million in Sears debt, has almost singlehandedly bought time for his struggling retailer. </div> <p><a href="" target="_blank">read more</a></p> NREI Wire Retail Fri, 06 Jan 2017 17:38:00 +0000 2010551 at Mall Companies Fall As Sears Announces Plans to Close Stores <div class="node-body article-body">Shares of mall companies slumped after Sears Holdings Corp. announced plans to shutter 150 stores as part of an effort to turn around the ailing chain.</div> <p><a href="" target="_blank">read more</a></p> NREI Wire Retail Thu, 05 Jan 2017 19:03:00 +0000 2009681 at Retail Rents in Major Cities Are Beginning to Descend <div class="node-body article-body">Manhattan is not alone among American cities where retailers are getting more breathing room on rents. </div> <p><a href="" target="_blank">read more</a></p> Leasing News Real Estate Services Retail Thu, 05 Jan 2017 08:00:00 +0000 2008741 at Sears Gets $500 Million Loan, With Real Estate Deal in Mind <div class="node-body article-body">Chief Executive Officer Eddie Lampert has agreed to loan the company $500 million, secured by Sears’s properties, in anticipation that a future sale of its sprawling real estate could help pay back debts.</div> <p><a href="" target="_blank">read more</a></p> NREI Wire Retail Wed, 04 Jan 2017 19:59:00 +0000 2008751 at Fashion Square Mall Reportedly Under Foreclosure <div class="field-byline"> Kathryn Deen </div> <div class="node-body article-body">Fashion Square Mall reportedly defaulted on a $42 million loan, triggering foreclosure proceedings this week, as just reported by WFTV 9 ABC.</div> <p><a href="" target="_blank">read more</a></p> NREI Wire Retail Wed, 04 Jan 2017 18:19:00 +0000 2008531 at 3 Things to Watch in Houston's Retail Scene in 2017 <div class="field-byline"> Cara Smith </div> <div class="node-body article-body">With 2016 having gone down as an overall strong year for the retail sector in Houston's commercial real estate scene, things are looking relatively positive for 2017.</div> <p><a href="" target="_blank">read more</a></p> NREI Wire Retail Tue, 03 Jan 2017 14:40:00 +0000 2007361 at