Is the Retail Market Performing Better Than You Think?

LAS VEGAS—ICSC – Here, We Go. 2021 is fast approaching. The Las Vegas conference will include networking with dealmakers, changemakers and innovators, gatherings and meetups with like-minded professionals. GlobeSt.com caught up with a few retail heavy hitters to talk all things retail. Michelle Schierberl, SVP of Stream, for example, tells GlobeSt.com …

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Man holding shopping bags with presents

Department Stores and Retail Traffic: There’s No Time Like the Holidays

Department stores and their investors are anticipating a great holiday season at their properties after a pandemic-long slog. Pre-pandemic, there was a fairly widespread sentiment against the continued value of the department store. And with news around store closings and bankruptcy proceedings dominating headlines in the last year and a half, it’s …

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California’s job growth took a hit as the Delta variant spread

California’s job growth slowed last month, and its unemployment rate remained high as the state, still pummeled by the COVID-19 Delta variant, struggled to recover economic momentum. Many workers were reluctant to return to their jobs because the virus was circulating in schools and businesses, or because they …

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Union County shopping center sells to Adoni Group for $19.2M

A shopping center in Westfield, New Jersey, has traded hands for just over $1 million below its original $20.5 million ask. The Adoni Group purchased the shopping center at 260 North Avenue East from ACNY Development for slightly above $19.2 million, Manhattan-based investment-sales brokerage Highcap Group announced. ACNY …

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LA Fitness rendering

LA Fitness to Open New Location at Marina Pacifica in Long Beach

LONG BEACH, CALIF. — LA Fitness has leased 33,987 square feet of space, which Best Buy formerly occupied at Marina Pacifica Shopping Center in Long Beach. The gym location is scheduled open in early 2022. Other tenants at the 296,954-square-foot shopping center include AMC, Ralphs, Nordstrom Rack, Barnes …

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