Month: July 2020

As mall stores have closed during the COVID-19 outbreak, some landlords have found a new, surprising source of revenue—shopping center parking lots. CNBC reported that Brookfield Properties inked a deal with Kilburn Live to turn some of its mall parking lots into drive-in theaters that could host movies and virtual concerts.  With conventional theaters and
0 Comments
Lease concessions for existing retail tenants have evolved since the onset of the pandemic. Once hopeful landlords offering lease deferrals to retail tenants have now been more flexible in increasing concessions as the pandemic wears on. In some cases this includes conditional rent abatement for tenants and new lease deals. “In my experience, in the
0 Comments
The iconic Bryant Park Hotel is checking out of its long-time home on West 40th Street, The Post has learned. The entire landmarked building, including popular ground-floor restaurant Koi and underground lounge Celon, is being offered as “boutique” office space by Philips International, the agent for owners Philip Pilevsky, Raymond Gindi and Joseph Chehebar. All
0 Comments
Having completed a comprehensive restoration and renovation of a gigantic late 19th century Victorian mansion in L.A.’s sedate and wicked rich Windsor Square neighborhood — more on that in a minute, tattoo queen and reality television personality turned cosmetics tycoon and budding vegan shoe purveyor Katherine von Drachenberg, better known as Kat Von D, listed
0 Comments
Goldman Sachs Merchant Banking Division is buying a stake in a 46-asset last mile industrial portfolio owned by Dalfen Industrial. The portfolio of over 6.3 million square feet caters to e-commerce-oriented tenants and is located in such metro areas as Atlanta, Dallas, Chicago, Orlando, Phoenix, Raleigh, Houston, Tampa, Baltimore, Minneapolis, Cincinnati, Columbus, Reno and Jacksonville.
0 Comments
Office properties will see a host of changes over the coming months and even years as the world adjusts COVID-19.  Joe Brady, CEO of the Americas for The Instant Group, sees the implementation of technology-enabled by the Internet of Things (IoT) accelerating a host of innovations, including UV lighting, safety dividers and sensor-enabled fixtures for
0 Comments
Amsterdam (right): “Investors are more optimistic, as there is more information in the market and a better understanding of where capital allocations will go and how debt markets are operating.” WASHINGTON, DC—If COVID-19 didn’t halt the plans of commercial real estate investors, it definitely fogged up their view. The latest Investor Sentiment Survey by Colliers
0 Comments
People walk past the U.S. Federal Reserve building in Washington D.C., the United States, May 21, 2020. U.S. Federal Reserve Chair Jerome Powell on Thursday said the COVID-19-induced economic downturn has inflicted acute pain across the country, noting that the burden is not evenly spread. Ting Shen | Xinhua via Getty Images Some borrowers benefit
0 Comments
Senate source just confirmed what we knew was coming. 🔥Join our Free Morning Invest Newsletter: https://morninginvest.com 🔥 —————– DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While
0 Comments
FULL HOUSE Tour! EXCEPTIONAL Tropical Oasis in Ayala Alabang MetroGuide Realty Open House Tour ID: A12 Investment Price: 230,000,000 pesos negotiable To Book a Property Viewing and Inquiries pls. Contact: +639178204088 (Viber and WhatsApp number) Jake Bautista, PRC Licensed Real Estate Broker Email: metroguide.realty@gmail.com Floor Area: 1,000.00 sqm. Lot Area: 730.00 sqm 3 Levels 6
0 Comments
Before the pandemic hit, many retail landlords saw gyms as a lifeline.  “A lot of soft goods retailers that were big anchors of shopping centers have closed their doors as they’ve been impacted by E-commerce,” says Nick Banks, principal, managing director and global leader of Avison Young’s retail affinity group. “Pier One is an example.
0 Comments
Without a doubt the pandemic has upended commercial real estate. What were once solid tenants and asset classes have been thrown into doubt as social distancing has forced people to remain at home. In response, new practices—such as a permanent shift to remote work—once seen as unlikely are now being seriously contemplated by many companies.
0 Comments
Happy Returns’ return bars are proving to do more than handle reverse logistics returns for ecommerce retailers. New data from the company shows that these return stations—which accept in-person returns of goods purchased online—are helping to drive in-store shopping. Retailers with return bars saw a 6.3% increase in store revenue and a 16.8% increase in
0 Comments