Seamless digital transactions – in-store, online and mobile – are coming of age. Continue reading, visit ChainStoreAge.com: Click Here. Press Release Distribution Service
Kroger plans Northeast entry with next-gen fulfillment centers
America’s largest grocer is entering a new market and expanding its customer fulfillment centers and rapid online delivery program. Continue reading, visit ChainStoreAge.com: Click Here. Press Release Distribution Service
Signet Jewelers in $490 million acquisition of off-mall chain Diamonds Direct
Signet Jewelers Ltd. is looking to attract younger consumers with its purchase of a direct-to-consumer bridal jewelry retailer. Continue reading, visit ChainStoreAge.com: Click Here. Press Release Distribution Service
Joe Simone Sees Health Care Coming to a Shopping Center Near You
Consumers are increasingly traveling to shopping centers for a checkup or vaccine as health care providers seek more convenient locations, said Joseph Simone of Simone Development Companies. (PRWeb October 12, 2021) Read the full story at https://www.prweb.com/releases/joe_simone_sees_health_care_coming_to_a_shopping_center_near_you/prweb18245059.htm Press Release Distribution Service
Swinerton Opens Innovative Regional Headquarters: Station West Office…
Swinerton announces its new office space in Station West, Charlotte’s innovative, adaptive reuse development located in the popular FreeMoreWest neighborhood. With over $125 million in revenues for… (PRWeb October 12, 2021) Read the full story at https://www.prweb.com/releases/swinerton_opens_innovative_regional_headquarters_station_west_office_reflects_commitment_to_region_industry_partners_workplace_trends/prweb18255300.htm Press Release Distribution Service
Ellipse Urban Apartments in Peninsula Town Center Leases More Than 100…
National Property Management Firm, Drucker + Falk, is Exceeding Expectations of Residents and Ownership on Newly Developed Multifamily Community in Hampton Roads (PRWeb October 12, 2021) Read the full story at https://www.prweb.com/releases/ellipse_urban_apartments_in_peninsula_town_center_leases_more_than_100_new_apartment_homes_in_60_days/prweb18255751.htm Press Release Distribution Service
Housing supply, affordability back in focus as Atlantic Builders Convention returns
The New Jersey Builders Association is set to welcome thousands of homebuilders, service providers and vendors to Atlantic City from Oct. 11 to 13 for the Atlantic Builders Convention, the largest building industry tradeshow in the Northeast, after an 18-month hiatus. By Joshua Burd The Atlantic Builders Convention is back, more than 18 months after…
Linden light industrial building trades for $1.2 million, brokerage says
200 Marion Ave. in Linden — Courtesy: Kenneth J. Jones Inc. By Joshua Burd The site of a nearly 7,400-square-foot steel fabrication facility in Linden has changed hands for $1.2 million, under a transaction arranged by Kenneth J. Jones Inc. The brokerage firm said the property, located at 200 Marion Ave., is home to an…
JLL inks sale of 328-unit luxury apartment complex in Meadowlands
The Union at Lyndhurst at 1301 Wall Street West — Courtesy: JLL By Joshua Burd An investment manager has sold a 328-unit luxury apartment complex in Lyndhurst, in a newly announced transaction by JLL. In a news release, the brokerage team said it represented Mesirow Institutional Real Estate Direct Investments in its disposition of The…
Homebuying ‘unicorn’ takes 107,000 s/f at 195 Broadway
Cushman & Wakefield arranged a long-term lease for Orchard Technologies, Inc. at L&L Holding Company’s 195 Broadway. Orchard, a technology company founded in NYC that simplifies the home selling and buying process, will occupy 107,443 s/f across the entire 26th and 25th and partial 24th floors. Orchard’s nearly 200 New York based employees will be moving into the new space…
Morgan Stanley upgrades China property to ‘attractive’ despite default fears
The U.S. investment bank said it believes that policy easing of the property sector looks likely to kick in, which will support Chinese real estate stocks. Continue reading at CNBC.com: Click Here Press Release Distribution Service
Harbor Group sells Arizona apartment property for $96M
Harbor Group International announced the sale of Avia McCormick Ranch, a 329-unit, garden-style apartment community in Scottsdale, Ariz., for $96.3 million. HGI purchased the property in 2019 for $63.5 million and upon acquisition, invested an additional $4.4 million in renovations to update unit interiors, landscaping and overall curb appeal. Located in the McCormick Ranch community in central Scottsdale, the property is proximate to…
Today’s tight housing market is already overbuilt, one analyst says
House hunters today know the pickings are slim, the competition is fierce and the prices are high, but one analyst said too many houses are being built. Continue reading at CNBC.com: Click Here Press Release Distribution Service
ON THE SCENE: Latest middle market sales
24 West 40th Street office condo. Rudder Property Group has closed on the sale of an 11,158 s/f office condominium — two full floors — at 24 West 40th Street for $10,750,000 ($963/RSF). Loftex, a leader in textiles, purchased the fourth and fifth floors (5,579 s/f each) from Thor Equities. The company, whose client roster…
Dubai’s economy shows promising growth after slumping 11% last year
The real estate sector, which was already several years into decline when the pandemic began, is seeing a strong but uneven rebound. Continue reading at CNBC.com: Click Here Press Release Distribution Service
Tenant Bankruptcies in Shopping Centers: Risks and Opportunities
First Situation: You are a landlord whose shopping center tenant has commenced a Chapter 11 bankruptcy case. Continue reading, visit ChainStoreAge.com: Click Here. Press Release Distribution Service
Walmart Q2 earnings, sales top estimates amid strong traffic; online sales cool
Walmart Inc. reported better-than-expected second-quarter earnings and sales as shoppers returned to its stores and the retailed gained market share in grocery. Continue reading, visit ChainStoreAge.com: Click Here. Press Release Distribution Service
Home Depot Q2 income, sales beat Street; same-store sales miss
The Home Depot second-quarter profits and sales topped estimates even as fewer people shopped its stores. Continue reading, visit ChainStoreAge.com: Click Here. Press Release Distribution Service
Engel & Völkers Florida Continues Tampa Bay Expansion with…
Global real estate brand, Engel & Völkers continues franchise expansion in Tampa Bay with new shop in St. Pete Beach (PRWeb August 16, 2021) Read the full story at https://www.prweb.com/releases/engel_volkers_florida_continues_tampa_bay_expansion_with_new_shop_in_st_pete_beach/prweb18125062.htm Press Release Distribution Service
CGI Merchant Group Adds Hospitality OPS Veteran Robert Festinger to…
Robert Festinger will leverage his three decades of industry experience across Chicago, New York, and South Florida markets, to oversee the day-to-day operations and play an active role in the firm’s… (PRWeb August 16, 2021) Read the full story at https://www.prweb.com/releases/2021/8/prweb18132383.htm Press Release Distribution Service
California Association of Community Managers Partners with CSU…
Program to introduce community association management career to students and attract new talent to the industry (PRWeb August 16, 2021) Read the full story at https://www.prweb.com/releases/california_association_of_community_managers_partners_with_csu_fullerton_to_offer_community_association_management_courses_through_extension_program/prweb18132712.htm Press Release Distribution Service
SIOR New Jersey returns to in-person gatherings, in key step for brokerage community
The Society of Industrial and Office Realtors’ New Jersey chapter hosted its Welcome Back Event on June 3, at the Montclair Golf Club in West Orange, in one of its first in-person gatherings since before the pandemic. The event featured the presentation of lifetime achievement awards to Sheldon Gross of Sheldon Gross Realty Inc., Kenneth…
