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It’s the age-old developer’s trade-off. In a market saturated with new apartments, building owners have a decision to make. You can either tolerate higher vacancy rates and hope they don’t last too long. Or, you can offer a month or two of free rent to get renters in units. Either way, in the long run, you’re hoping to have enough tenants to pay...
A suburban Chicago apartment complex with value-added potential has sold for $104 million, or slightly more than $162,000 per unit, in the largest apartment sale in suburban Chicago so far this year. The...
Naveen Jaggi, president of retail advisory services for JLL, at the International Council of Shopping Centers’ Real Estate Convention. Credit: Tony Wilbert for CoStar Group Inc. For all the talk...
U.S. retailers looking for a way to expand into China or Russia, two consumer-fertile yet notoriously tough countries to enter, can find a gateway through IKEA Centres, the shopping center company owned...
Pictured: Aaron Sanandres, CEO, of Untuckit, left, speaks on panel with Mohamed Haouache, Storefront CEO. Credit: Tony Wilbert of CoStar Group. Untuckit co-founder Aaron Sanandres said he and...
Naveen Jaggi, president of retail advisory services for JLL, speaks at the International Council of Shopping Centers’ Real Estate Convention on Monday. Credit: Tony Wilbert for CoStar Group Inc....
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