Colliers International merged with Pacific Realty Group, a Nebraska-based commercial real estate firm. Pacific Realty operates offices in Omaha and Lincoln containing 62 professionals and provides the full spectrum of commercial real estate...
The enclosed regional mall—the uniquely American retail property that sprang to life in the 1950s and 1960s—has been declared dead (or dying) for years.
Stephen D. Lebovitz, president and CEO of CBL & Associates Properties Inc., a Chattanooga, T...
The odds may seem against it, but Triple Five Group, the developer that has reached a definitive agreement to take over what was formerly known as the Xanadu Meadowlands project in Northern New Jersey, is taking its best shot to rehabilitate the ...
Sales-per-square-foot at malls peaked in 2007, but the average rose $20 per square foot in 2010 over 2009. Overall, the 2010 seasonally-adjusted average was $386.43 per square foot, up from $366.49 per square foot in 2009. In 2007, the monthly...
In the CoStar Retail Report for the first quarter 2011, Washington, D.C.-based CoStar Group found that the retail market showed increasing signs of stability. Overall, the firm measured the retail vacancy rate at 7.1 percent—unchanged from the...
CoStar reported that 374 retail buildings with 6,635,287 square feet of retail space were delivered to the market in the first quarter, with 27,365,608 square feet still under construction at the end of the quarter. Over the past four quarters...
CoStar’s data shows that while rents in the total market continued to fall in the first quarter of 2011, some sectors have started to post increases. According to CoStar’s historical data (which excludes some markets that are included in its...
General retail—which CoStar defines as single tenant freestanding building—boasts the lowest vacancy rate of all retail property sectors. According to CoStar’s historical data (which excludes some markets that are included in its current data set...
