Town of Castle Rock的动态

Like its cross-state counterpart, St. Louis has most of its available retail space in properties built before 1990. Newer buildings continue to have tight conditions, with the availability rate among properties built since 2021 at 2.9%, which is 170 basis points below the market average. As consumer preferences shifted, especially for dining, many quick-service operators built new locations to accommodate a high percentage of drive-thru and online ordering that increased since 2020. These properties were primarily built-to-suit projects with retailers like Costco and?Dierbergs, which account for larger projects exceeding 100,000 square feet. Subscribers can read more in the link below #STLCRE #STLRetail #CoStar

With retail availability at all-time lows, it is worth seeing where the available space is. In Kansas City, most of it sits in properties that were built before 1980. Newer buildings continue to have tight conditions, with the availability rate among properties built since 2021 at 2%, less than half the market average. As consumer preferences have shifted, especially for dining, many quick-service operators have built new locations to accommodate a high percentage of drive-thru and online ordering that has increased since 2020. Subscribers can find out more in the link below. #KCCRE #CoStar #RetailCRE

??????????:?American Freight is closing down all of their 328 stores nationwide and have already begun closing sales at their stores. More closures means more availability to backfill more space for your tenants. They came to this decision because of "sustained inflation and macroeconomic challenges facing the durable goods sector." So what are these macroeconomic challenges facing this sector? These challenges include: ".....high interest rates, inflation, economic uncertainty, fluctuations in consumer confidence, and a potential shift towards service-based spending, all of which can lead to decreased demand for big-ticket items like appliances, cars, and furniture as consumers become more price-sensitive and delay large purchases during uncertain economic times;?additionally, supply chain disruptions and geopolitical instability can also impact production and availability of durable goods." (???? ????????????????) The ebb & flow of retailers/restaurants closing stores is nothing new in commercial real estate, but are we seeing more closures versus store openings? What are you seeing in your market? Lastly, American Freight had two retail stores in the Las Vegas Valley: ? Lone Mountain Plaza (±55,880 SF at Lone Mountain & Decatur Blvd) ? Crossroads at Sunset (±17,490 SF at Sunset Road & Stephanie Street) (?????????? ?????? ?????????????? ?????????? ?????? ?? ???????? ???? ?????? ???? ?????? ???????????? ???? ???? ????????????). #Retail #RetailClosures #StoreClosures #RetailLasVegas #CommercialRealEstate #CRE #AmericanFreight #ROICommercialRealEstate

#foodforthoughts Do you think high street stores are scheduled for planned obsolescence? I came to this conclusion, as more and more of them are replaced by eateries, the only exception being health and beauty stores (to an extent). There is also less and less stock and staff in the ones remaining open, they feel like empty shells... Only existing to assist online shopping. Share your #thoughts in comments ↘? #retail #highstreetfuture #urbanplanning #business

Store closings typically garner the headlines in recent months. Chain Store Age compiled a list of reported planned openings last month and the list is long and extensive. Amongst the retailers making news include Whole Foods Market has opened a smaller format store in NYC?Located in the Lenox Hill neighborhood of Manhattan’s Upper East Side, the 9,101-sq.-ft.?Whole Foods Market Daily Shop?is “designed to bring the freshest, high-quality ingredients to customers with a convenience that fits their fast-paced urban lifestyles,” according to the grocer. Gu opens first U.S. store?The lower-priced, more trend-driven sister brand of Japanese apparel giant Uniglo has opened a?flagship in New York City?as its first store outside of Asia. The two-level store features 10,225 sq. ft. of apparel. L.L.Bean redesigns Maine flagship.?The outdoor apparel retailer is revamping its?220,000-sq.-ft. retail campus in Freeport, Maine?to provide a more accessible and immersive shopping experience for customers. Major developments include reinstalling the store’s signature trout pond, which will feature multiple tiers, more viewpoints and enhanced accessibility for better fish watching. With the first interest rate cut announced and at least one more pending, it appears as though the trend of expansion will amp up. Getting through the Presidential election and the capital providers being comfortable with who will be sitting in the White House the next four years will help as well. The evolution of retail is operating at a breakneck pace and is far from dead. As noted by this list. #retail #retailnews #retailtrends #cre #expansion #growth #nycrealestate https://lnkd.in/ezxpDjER

If you would have guessed McDonald's has the most retail locations in the country, you’d be wrong. According to Crittenden Research Inc., the retail tenant with the most locations across America is FedEx stores with 56,164 locations. A distant No. 2 is Subway with 21,352 locations. No. 3 is U-Haul with 20,762 locations. No. 4 is Dollar General with 19,022 locations and No. 5 is Starbucks with 15,905 locations.

Today's Connect CRE Texas features an article on our mid-year retail report for San Antonio. The headline basically sums up the current situation! https://lnkd.in/gd7TiFHe

Welcoming retail frontage with INTERSTATE BRICK Product: 2-3/4″ Modular Color: Lone Tree

JUST LISTED - Panera Bread 4-Tenant Strip | Mansfield (Ontario), OH We are excited to be brining to market a 4-tenant strip center located in Mansfield (Ontario, OH). This site benefits from strong retail synergy, local positioning, and high traffic counts. About one month ago I toured the site and was not only surprised by how much retail development is going on in the nearby trade area, but also by the number of cars and consumers in the nearby parking lots. There is a lot to be excited about in the Mansfield (Ontario) market; providing below some brief investment highlights as a sneak peek. - List price of $2,601,487 yielding a 7.50% Cap Rate - Main Retail Corridor: Strong retail synergy with numerous national brand tenants including but not limited to Menards, Meijer, Target, Best Buy, Starbucks, IHOP, Sunbelt Rentals, Sam’s Club, Lowe’s, ALDI, Applebee’s, Taco Bell, AT&T, Panda Express, Five Guys, Mattress Firm, Outback, & more. - Long Term Occupancy: Panera Bread has been at this location since 2006 and recently installed a drive-thru to be up to the tenants current real estate plans and development standards. The tenant signed a brand new, 10 year extension in 2020 showing their long-term commitment to the location. - Extensive Retail Development in Trade Area: National tenant’s are developing in the local trade area given low vacancy within the Ontario retail hub. Recently completed and current developments include but are not limited to Caliber Collision, Culver’s, Ferguson, Holiday Inn Express, & more. Healthy WALT: The property’s Weighted Average Lease Term (WALT) exceeds 5 years. Reach out to me directly with any questions or interest - [email protected]

Are you planning to remodel your retail store? Read this checklist to determine considerations to keep in mind before you put pen to paper. https://hubs.ly/Q02tWBjm0