On Jan 22., a judge ordered the handover of the 285,000-square-foot retail component of the Block 37 mixed-use project in Chicago from Joseph Freed & Associates LLC to the court-appointed receiver, CB Richard Ellis Inc. For its part, Freed is...
The ill-timed snowstorm that hit the Northeast and parts of the Midwest the weekend before Christmas made a dent in sales this holiday shopping season, one that might not be completely wiped out by huge after-Christmas discounts, according to...
The most difficult year in retail real estate’s history is at an end. The worst case scenarios played out in terms of a hostile leasing environment, a dormant investment sales market, challenging lending conditions and troubled retailers.
Yet it...
The Moody’s/REAL Commercial Property Price Index measured a 1.5 percent decline in prices in October. The National All Property Type Aggregate Index now stands 36.4 percent below the level seen one year ago. The peak in prices was reached two...
