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The Durability of Brick-and-Mortar Retail

CRE Worldwide Posted on August 27, 2017 by Ramin SeddiqAugust 27, 2017

Over 6,000 retail stores have closed so far year, according to Business Insider. In the same time period, the value of Amazon has increased by 31 percent, buoyed in part by the acquisition of Whole Foods Market which it will … Continue reading →

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

Two Capital One Cafés to Open in DC

CRE Worldwide Posted on August 19, 2017 by Ramin SeddiqAugust 19, 2017

Capital One will open two Capital One Cafés in DC next year, according to Washington Business Journal. The concept, which has already been implemented in other markets, merges a café and a bank into one location offering coffee, pastries, free … Continue reading →

Posted in Metro DC CRE | Tagged Leasing, Retail

Australian Brick-and-Mortar Shifts Further Toward Food and Services

CRE Worldwide Posted on August 16, 2017 by Ramin SeddiqAugust 16, 2017

Australian brick-and-mortar retail continues to shift toward food and services. Spending at cafes and restaurants increased by 5.5 percent year-over-year while spending on apparel and accessories rose by only 1.7 percent with department store sales decreasing by one percent, according … Continue reading →

Posted in International CRE | Tagged Australia, Leasing, Retail

Meridian Group Enters Joint Venture for Boro Tower

CRE Worldwide Posted on August 14, 2017 by Ramin SeddiqAugust 14, 2017

New York-based Rockefeller Group has partnered with The Meridian Group in a 50/50 joint venture for the development of the 437,000sf, 20-story Boro Tower in Tysons Corner, Virginia, according to Bisnow. The Gensler-designed office building is part of a 15-acre, … Continue reading →

Posted in Metro DC CRE | Tagged Development, Leasing, New York, Office

Multi-level Retail – Best Practices

CRE Worldwide Posted on August 11, 2017 by Ramin SeddiqAugust 11, 2017

Multi-level retail is experiencing a renaissance of sorts, particularly densely populated cities such as New York. Here are some of the design and planning factors contributing to its revival: Starting interior retail one floor up from street level to prevent … Continue reading →

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

Sales Per Square Foot: Top Performers

CRE Worldwide Posted on July 30, 2017 by Ramin SeddiqJuly 30, 2017

Apple – $5,546/sf Generation Next Franchise Brands – $3,970/sf Murphy USA – $3,721/sf Tiffany & Co. – $2,951/sf Moreover, each man should be aware that cialis on line health and a very reliable customer support. It provides bargain prices buy … Continue reading →

Posted in US CRE | Tagged Economy, Leasing, Retail

Starbucks Shutters Teavana Stores

CRE Worldwide Posted on July 29, 2017 by Ramin SeddiqJuly 29, 2017

Starbucks will close all 379 Teavana stores citing underperformance, according to MarketWatch.  The coffee company purchased the primarily mall-based Teavana chain in 2012 for about $620 million. Starbucks will continue to sell Teavana-branded products in its Choose viagra india prices … Continue reading →

Posted in US CRE | Tagged Economy, Leasing, Retail

Amazon’s Market Dominance

CRE Worldwide Posted on July 23, 2017 by Ramin SeddiqJuly 23, 2017

Amazon is growing at 30 percent per year, according to Business Insider (citing analysis from Needham & Company). The online retailer’s market share is expected to grow from its current 34 percent to about 50 percent in 2020. Third-party selling … Continue reading →

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

West Coast Coffee Continues DC Invasion

CRE Worldwide Posted on July 18, 2017 by Ramin SeddiqJuly 18, 2017

Oakland-based Blue Bottle Coffee Company has opened its first DC location at 1046 Potomac Street NW in Georgetown. Founded in 2002 by James Freeman, the gourmet coffee chain also has stores in California, New York and Tokyo. In addition to … Continue reading →

Posted in Metro DC CRE | Tagged Leasing, Retail

Denver Retail Sector Update

CRE Worldwide Posted on July 13, 2017 by Ramin SeddiqJuly 13, 2017

High in-migration and lower unemployment rates have created positive conditions for the Denver retail sector. During Q-1 2017, Denver saw lower vacancy rates than during any quarter of 2016, according to Colliers International. Net absorption during this quarter was positive … Continue reading →

Posted in US CRE | Tagged Absorption, Economy, Leasing, Retail, Vacancy Rates

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