Join the largest retail center in Franklin, Indiana, anchored by Walmart and Lowe's: https://conta.cc/4fjjtpj. Contact Andrew Hasbrook for details!
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We repositioned troubled retailer space with relevant retailers that now draw 4.3 million visits annually to Western Hills Plaza, located just seven miles west of Cincinnati. This 243K square foot shopping center is surrounded by 103K people within three miles and 213K people within five miles. Anchored by Target and T.J. Maxx, Western Hills has always been the dominant center in the market due to a lack of competition from quality centers. Redevelopment VP Rich Dippolito shares how we transformed a former Sears box with Ulta Beauty, Tropical Smoothie Cafe, and Old Navy which spearheaded a center redevelopment which improved merchandising and created value. Together with Brixmor’s Western Village anchored by Kroger, these centers illustrate our clustering strategy to own dominant centers in strong retail nodes. For more stories about how we create value, visit https://hubs.ly/Q031gFBT0. #brxatthecenter #ourcenterisyou #brxtransform
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"Parsons Finalizes Sale of Busy Retail Center" Read the full article below..
“Parsons Finalizes Sale of Busy Retail Center”
https://cremarketbeat.com
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"Final Approvals Secured for $125M Buckeye Retail Center" Read the full article below..
“Final Approvals Secured for $125M Buckeye Retail Center”
https://cremarketbeat.com
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The NY Times just ripped me off. Ok, ok. That’s not entirely true. Actually, it’s not even remotely true. But seriously, did I not post about this last week? Retail *vacancies* are at a two-decade low. In other words, retail spaces are full. How can that be if there’s a retail Apocalypse? What’s taking up all of the retail space? 1. Entertainment and Retailtainment: -Pickleball Courts -Cannibis stores (Good heads up Robert Cogan.) -Ax Throwing -Topgolf 2. Ethnic stores, particularly serving: -Middle Eastern -Hispanics -Asians 3. Hot Retail Chains: -Nordstrom Rack -Harbor Freight -Dollar General -Ulta Beauty -7-Eleven -Walmart -Target -Aldi Yes, times are challenging. But there’s still a lot of buying. It just looks different. So if you don’t want to be in a retail apocalypse. Maybe play into the retail that’s growing. ——— ??Driving retail velocity in Kroger, Whole Foods, Albertsons, Costco, Walmart, Sprouts, and More ??DM me or book an appointment for help! #ecommerce #retailmedia #retailvelocity #retail #cpggrowth #instacart #cpg #tradespend #shoppermarketing
What Retail Apocalypse? Shopping Centers Are Making a Comeback.
https://www.nytimes.com
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Macy's — parent of not only its namesake chain but also Bloomingdale's and Bluemercury — is in the process of closing 150 of its underperforming stores as part of an initiative it announced?in February?to whittle down its fleet and make it more profitable. It's also said it planned to generate as much as $750 million by selling real estate such as stores and distribution centers. In tandem, the retailer has actually been rolling out small-format, off-mall stores as it shuts some mall locations.
Macy’s sells another mall anchor as it trims store?footprint
costar.com
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Many #retail facilities managers face uncertainty as #store locations continue to close throughout the country. Read the latest stats here: https://bit.ly/3CwbhEr ?? #facilitiesmanagement #facilitymanagement #stores #retailer Coresight Research
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#DYK there are nearly 3,000 retail stores, service providers, and food and beverage options within the two-mile area creating Center City Philadelphia? The @Center City District issued their year-end 2024 Center City Retail Report about this retail district. Visit https://zurl.co/aTr8E for the full details, but some highlights are: ?? The number of retailers has grown by 15% since 2019. ?? Over the past two years, 35 full-service restaurants, 26 bar and nightlife venues, and several innovative retail concepts have joined the district. ?? The CCD’s Open Streets: West Walnut program in September closed Walnut Street and 18th Street near Rittenhouse Square to vehicular traffic on Sundays. Nearly 90% of businesses reported an increase in foot traffic. 79% noted a rise in sales. #Appraisals #CommercialRealEstate #PropertyValuation
Center City Retail Report, November 2024
centercityphila.org
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Understanding Prime Retail Property in Victoria, Texas ? Let's explore a fantastic retail space in Victoria, TX! This 33,400 sq. ft. multi-tenant shopping center, anchored by Planet Fitness and shadow-anchored by Aldi, offers a great example of strategic retail placement. Located at the high-traffic intersection of Navarro and Sam Houston Drive, this center benefits from over 37,000 cars passing by daily, providing excellent exposure for its tenants. With multiple access points and minimal improvements needed, it showcases how long-term leases and strategic positioning can maximize customer reach and investment potential. Victoria, TX, serving a population of 111,663 in the Victoria MSA, highlights the importance of location in retail success. Key intersections with signalized traffic control, like this one with a Walgreens on the hard corner, demonstrate how accessibility and visibility are crucial for retail hubs. #RetailInsights #VictoriaTX #CommercialRealEstate #PrimeLocation #HighTraffic #UrbanPlanning #RetailStrategy #EconomicDevelopment
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Welcoming retail frontage with INTERSTATE BRICK Product: 2-3/4″ Modular Color: Lone Tree
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The Changing Face of Retail: What’s Next for Fremont? As Macy’s and Kohl’s announce the closure of several Bay Area locations — including Kohl’s in Fremont and Macy’s at NewPark Mall — it’s clear that retail is undergoing a massive transformation. These closures reflect a challenging economic environment and a shift in shopping habits driven by e-commerce, changing consumer preferences, and rising operational costs. For Fremont, these closures mean more than empty storefronts. They signify job losses and the challenge of reimagining spaces to meet modern retail and community needs. At Pacific Commons, efforts are already underway to find innovative tenants and new uses for retail spaces, ensuring this key shopping center remains a vibrant part of our community. As we navigate these changes, it’s crucial to consider how we can support local businesses, attract dynamic tenants, and adapt to the new era of retail. Together, we can turn challenges into opportunities for a thriving Fremont. https://lnkd.in/gKWucY58 #ShopLocal #FremontCA #CommunityFirst #MayorforAll #FremontMayor #GTD
Macy’s, Kohl’s prep Bay Area store closures as retail chains struggle
https://www.mercurynews.com
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