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Retail Construction Remains Tepid in Sacramento
Aerial of the Downtown Commons development in Sacramento, California. Retail construction has been a rare sight in greater Sacramento this decade. Since 2010, retail stock has only increased by a cumulative 4 percent. The trend has continued in 2018...

VASA Fitness Expands Footprint, Opens at Mountainview Marketplace in Phoenix
VASA Fitness at Mountainview Marketplace in Phoenix. VASA Fitness, a gym with 26 locations and more than 200,000 members, signed a 55,000-square-foot lease at Fortis Development's Mountainview Marketplace in Phoenix. The Class B center at 3131 E...

Toronto's Dynamic Funds Tower Up for Sale
Two Canadian pension funds have decided to sell their joint stake in downtown Toronto's Dynamic Funds Tower office complex. Two of Canada's largest pension funds said they are selling their joint stake in Dynamic Funds Tower, a three-building complex...

Equity Management Partners Buys Tampa Bay Center for $27 Million
Equity Management Partners purchased the Tampa Bay Center, a 142,350-square-foot shopping center in Tampa, Florida, for $27 million, or about $190 per square foot. The Largo, Florida-based investor acquired the shopping center from locally-based equity...

Price War for Brookstone Heats Up With $56.4M Bid
Bluestar Alliance has made a $56.35 million bid for retailer Brookstone. Some Brookstone stores may stay open after all, thanks to an emerging bidding war over the retailer of tech-focused gadgets and gifts that filed for Chapter 11 bankruptcy protection...

L Brands to Close All 23 Henri Bendel Stores
(Pictured) Henri Bendel's flagship store in at 712 Fifth Ave. in New York City. L Brands Inc., the embattled owner of Victoria's Secret and several other struggling retail chains, will close 23 Henri Bendel stores and its e-commerce site in January after...

Sears Holdings Store Closings to Slow in Coming Months
Pictured: Eddie Lampert, CEO of ESL Investments and Sears Holdings Corp.Courtesy: Sears.Sears Holdings said the amount of closings of its Sears and Kmart stores may ease as the national retailer takes other aggressive measures amid what Chief Executive...

Lands' End, Warby Parker Brick-and-Mortar Expansion Extends to New Jersey
Lands’ End and Warby Parker, two companies that didn’t start off as traditional retailers, are marking their expansion with brick-and-mortar locations across the nation by opening their first outlets in New Jersey this weekend. Lands’ End, whose roots...

Hurricane Florence Threatens More Than $33 Billion in Commercial Property
Hurricane Florence, an intensifying Category 3 storm nearing the shores of North Carolina and South Carolina, will imperil an estimated $33.5 billion in commercial real estate. In an analysis of the coastline from Georgetown, South Carolina, to Buxton...

Landlords Could Seize Opportunity If Papa John’s Shuts Stores
An analysis says Papa John's could be forced to close up to 250 stores as sales slump because of criticism of its founder's behavior.. It’s not often that commercial real estate landlords want to lose tenants, but that may be the case with the criticized...

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