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Author Archives: Ramin Seddiq

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Amazon Books Opens in Bethesda

CRE Worldwide Posted on June 27, 2018 by Ramin SeddiqJune 27, 2018

Amazon has opened its second DC area bookstore at Bethesda Row. The approximately 6,000sf store located at 7117 Arlington Road is the company’s 16th brick-and-mortar bookstore in the U.S. A 37,000sf Barnes & Noble at Bethesda Row closed in Kamagra … Continue reading →

Posted in Metro DC CRE | Tagged Leasing, Retail

South Dakota v. Wayfair

CRE Worldwide Posted on June 22, 2018 by Ramin SeddiqJune 22, 2018

The U.S. Supreme Court recently decided in South Dakota v. Wayfair, Inc. Et al. that South Dakota was not prohibited under the Commerce Clause of the U.S. And the faster we recognize that, the faster we’ll succeed viagra online in … Continue reading →

Posted in US CRE | Tagged Government, Legal, Retail, Taxes, Technology

The View at Tysons

CRE Worldwide Posted on June 17, 2018 by Ramin SeddiqJune 17, 2018

The five-building, 3 million-square-foot project known as “The View at Tysons” will include a 615-foot tall “Iconic Tower” (building C-3) that will have retail, hotel and condominium uses, according to Fairfax County. This tower is expected to be the tallest structure … Continue reading →

Posted in Metro DC CRE | Tagged Development, Investments

IKEA Cancels Plans to Open Three New U.S. Stores

CRE Worldwide Posted on June 17, 2018 by Ramin SeddiqJune 17, 2018

Citing the rapidly changing retail environment, IKEA has cancelled plans to open new stores in Nashville, TN, Cary, NC and Glendale, AZ and will instead shift resources to its online platform. IKEA sales fell short of four percent growth in … Continue reading →

Posted in US CRE | Tagged Development, Leasing, Retail, Technology

Lord & Taylor to Close its Fifth Avenue Flagship Store

CRE Worldwide Posted on June 6, 2018 by Ramin SeddiqJune 6, 2018

Canadian-based Hudson’s Bay, the owner of Lord & Taylor, has decided to close the store’s 104-year-old flagship location on 5th Avenue in New York, according to CNBC. The 676,000sf building, located between 38th and 39th Streets With advances in technology … Continue reading →

Posted in US CRE | Tagged New York, Pricing, RE Sales, Retail

Initiative 77

CRE Worldwide Posted on May 28, 2018 by Ramin SeddiqMay 28, 2018

Initiative 77 aims to eliminate the tipped minimum wage in the District of Columbia by gradually increasing the rate until it is equal to minimum wage for non-tipped employees. The initiative is on the ballot for the DC primary election … Continue reading →

Posted in Metro DC CRE | Tagged Legal, Retail

Amazon’s Share of U.S. Retail Sales

CRE Worldwide Posted on May 27, 2018 by Ramin SeddiqMay 27, 2018

Retail sales in the U.S., excluding fuel and automobiles, reached $3.496 trillion in 2017 according to Digital Commerce 360 (citing data from the Commerce Department). At $453.46 billion, e-commerce represented 13 percent of total retail sales in 2017. The easiest … Continue reading →

Posted in US CRE | Tagged Economy, Retail

Evolution of Shopping Centers

CRE Worldwide Posted on May 26, 2018 by Ramin SeddiqMay 26, 2018

Retail chain stores that are dominant in their product category such as Best Buy and Bed, Bath, and Beyond, known as “category killers,” have grown over the past 40 years, contributing to the dismantling of the mall and department store … Continue reading →

Posted in US CRE | Tagged Development, Leasing, Retail

DC Court of Appeals Sends Barry Farm Plan Back to Zoning Commission

CRE Worldwide Posted on April 28, 2018 by Ramin SeddiqApril 28, 2018

On Thursday, the DC Court of Appeals halted the city’s plan to redevelop the 444-unit Barry Farm complex. In

Continue reading →
Posted in Metro DC CRE | Tagged Development, Legal, Multi-family

The Proliferation of Food Halls in the U.S.

CRE Worldwide Posted on April 10, 2018 by Ramin SeddiqApril 10, 2018

In 2015, there were 70 food halls across the U.S. By the end of 2017, that number had grown to 118, according to Bisnow, citing a Cushman & Wakefield report tracking food halls. But first you need to pfizer viagra … Continue reading →

Posted in US CRE | Tagged New York, Pricing, RE Sales, Retail

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