Retail Real Estate News Highlights 2023

Commercial Real Estate News Roundup 2020 - N3 Real Estate

The retail sector is constantly changing and evolving. In order to keep up with the most recent trends, we’ve gathered some of the latest and most impactful highlights of retail real estate news in 2023 and 2022.

Retail Real Estate News Q1 2023

CNBC Reports on Retail Leading the Way for Business Sectors in Hong Kong with China Reopening

China’s reopening is having a positive impact on Hong Kong’s economy, as is to be expected; however, Colliers reports that retail is leading the way with the economic recovery. Read More

Two Retail Shopping Centers Around Miami Acquired fror $32 Million

Two Publix-anchored centers were recently acquired by Phillips Edison & Company from PGIM Real Estate. The two retail centers are Shops at Sunset Lake in Miramar and Town Center at Jensen Beach. Read More

Cineworld Seals the Deal With Creditors to Cut Debt, Exit Bankruptcy

Cineworld, a British-based cinema operator, is set to shed billions of dollars in debt this week and finally come out of bakruptcy after potentially reaching a deal with creditors. Read More

Competitive Socializing Concepts See 386% Increase Overall Over the Last Two Years

Competitive socializing, a niche segment in the retail real estate industry, is growing tremendously over the last two years as people are looking to spend more time together following the pandemic. A Cushman & Wakefield study shows that this particular niche of retail business has grown 386% since 2020/2021. Read More

Stockdale Acquires Texas Retail Shopping Center for $47.5M

LA-based real estate investment firm, Stockdale, acquired Arboretum Crossing in Austin, TX. Arboretum Crossing is a 20-acre, 192K-square-foot retain shopping center. Read More

$1B Mixed-Use Project with Retail Spaces Seals Whole Foods As the Anchor

RocaPoint Partners signed Whole Foods to the center to occupy a stand-alone store in the Greenville County Square Redevelopment in Greenville, S.C. Read More

Digital Native Retail Has Reached Its Peak

Digital native retail brands that were doing very well during the pandemic are starting to feel the repercussions of brick-and-mortar coming back online over the last year or two. Read More

Investor Raises Nearly Quarter of a Billion Dollars to Buy Shopping Centers Anchored by Ethnic Grocers

Boston-based Longpoint Realty Partners closed the deal on a $225M fund that focuses on unique shopping centers catering to neighborhoods that are diverse with specific ethnic and multicultural populations. Read More

Realty Income Set to Acquire $1.5B Convenience Store Portfolio of Assets

Realty Income Corporation agreed to purchase a portfolio of 415 single-tenant convenience store assets in the United States under a sale-leaseback with EG Group, an independent convenience retailer based in the United Kingdom. Read More

Bed Bath & Beyond’s Problems Nationally Tee Up Landlords to Find New Big-Box Retailers

Bed Bath & Beyond is heading toward potential bankruptcy, and that is leading to the possibility of “flooding” the retail real estate market with hundreds of vacant stores around the country. Landlords of retail shopping centers are more confident than in past years that they will be able to fill those spaces. Read More

Retail Real Estate News and Highlights - N3 Real Estate

Retail Real Estate News Q4 2022

Retail Experts Predict Positive Year for Los Angeles Market covers the latest insights from Kennedy Wilson Brokerage and other CRE experts that foresee a positive year and growth with the Los Angeles retail real estate market. Read More

Barnes & Noble To Open 30 New Brick-and-Mortar Stores Across the Country

Barnes & Noble is set to open 30 new retail locations across the United States. James Daunt, the Barnes & Noble CEO, joins CNBC to discuss the latest moves in the company. Read More

Majority of Restaurant Owners Say They Plan to Expand in 2023 highlights the restaurant real estate industry, specifically the R365 State of the Industry Customer Survey, which shows that restaurant owners are upbeat and looking to expand their businesses this year. Read More

Dollar Stores (Dollar General & Dollar Tree) Lead the Way for New Brick-and-Mortar Retail Presence

Wall Street Journal reports on the expansion of dollar stores around the USA. For example, Dollar General has reported 31 consecutive years of growth. This trend in the retail market is “boosted by demand for less expensive groceries and goods in underserved rural areas”. Read More

More and More Retailers Are Reporting Theft As a “Drag On Profits”

Retailers around the country are reporting more theft in their stores, and it is causing issues with their bottomline. They blame organized crime for these robberies. Read More

Kimco Realty CEO Joins ‘Power Lunch’ To Discuss the Latest Retail News

Kimco Realty CEO, Conor Flynn, says that new store openings “far outweigh” store closures. Read More

Albertsons-Kroger Merger Could Be a Positive Thing for Grocery Real Estate Market

Initially leadership said the proposed $24.6B merger of Kroger and Albertsons “would not lead to layoffs or store closures”. However, “the companies’ plans to sidestep these outcomes could have an impact on grocery retail in the western U.S. and present an opportunity for challengers in the supermarket industry”. Read More

Retail Real Estate Is Going Through “Biggest Revival In Years”

More stores in the United States opened than closed in 2022 for the first time since 1995. Read More


Retail Real Estate News Q1 – Q3 2022

Below are some of the biggest headlines from retail real estate in 2022 from Q1 to Q3.

Retail Real Estate Having Its Best Revival in Years

The Wall Street Journal reports on how U.S. retail real estate vacancies are on their way down, rents are going up, and more stores have opened than closed for the first time since 1995. Read More

Return to Gym Workouts Are Helping Business Overall at Shopping Centers

Fears of the pandemic are starting to dwindle, as people are returning to gyms in place of doing at-home workouts once again. This is bringing a much needed boost to retail sales overall. Read More

Kroger Set to Acquire Albertsons Consolidating Two Huge Grocery Brands

Kroger is set to purchase Albertsons for $24.6B, which equals $34.10 per share. Kroger will also take on $4.7B of Albertsons debt in the deal. Read More

5 Retailers That Are Currently Expanding Quickly Are Betting on Dallas-Fort Worth’s Market

According to BisNow, “new retail trends” are being witnessed in the Dallas-Fort Worth area vis-a-vis consumer habits, as “inflation-weary consumers adjust to a post-pandemic world.” Read More

Cash-Out Refinancing Becoming More Popular for Shopping Malls

Patrick Ward, president at MetroGroup Realty Finance, discusses the continued rise in cash-out refinancing across the Unites States. Shopping malls and retail center developers can then improve the curb-side appeal of the properties and hopefully drive foot traffic to the locations. Read More

Puttshack Gets Ready for Massive Expansion in the USA

Puttshack, the new, trendy golf entertainment company, is now backed by BlackRock with $150M in investment funds. This is fueling its anticipated expansion across the country. Read More

Cartier Planning 10 New Stores Across the Country

In an anticipation of higher demand for luxury products, Cartier is planning to open 10 new stores across the United States over the next few years. Read More

The Biggest Mall Owner in the USA Planning New “Sales Holiday” to Combat Inflation

David Simon, CEO of the biggest shopping mall owner in the U.S. (Simon Property Group), is planning a “National Outlet Shopping Day” to create a new annual shopping holiday. Read More

Retailers Brace for “Unpredictable” Holiday Season as Inflation Worries Continue

Inflation is at a record high, and retailers around the nation are bracing for an unpredictable shopping season due to the economic headwinds. Read More

How the Rise and Demise of On-Demand, Quick Grocery Delivery Will Shape Retail

BisNow covers the latest trend of “rapid grocery delivery” and how it impacted traditional retail and the retail real estate market as a whole. The quick rise and fall has left a big hole to fill in many retail spaces around the country. Read More

Private Investors Buying Up Retail Real Estate, While Bigger Investment Firms Remain Cautious

The Wall Street Journal covers the current pricing and transactions of retail real estate around the country, noting that many smaller investors are more eager to purchase properties compared to larger firms. Read More

Retail Sales Growth Leads to Retailers Opening More Stores In Spite of Rising Inflation

In spite of rising inflation, or perhaps due to it, retail sales in the United States were up in June, and following suit with that, retailers are opening more stores than they are closing currently. Read More

Macy’s Is Making Changes and Investing In Smaller Stores vs Bigger Ones

According to The Wall Street Journal, this new format allows for frequently updated inventory that keeps up with the current consumer trends of changing fashion more rapidly. Read More

Retail Leasing Momentum Continues In Positive Direction in Dallas-Ft Worth as New Construction Slows to Record Low

Retail real estate occupancy is way up in DFW, as current construction projects have slowed to nearly a record low compared to previous years. Read More

Retail Real Estate Is Taking On a ‘New Look and Shape’

The retail real estate industry is changing in many ways internally and externally. New formats and forms of entertainment are paving the way for an evolved consumer experience, reports Read More

Amazon Hires New Head of Logistics and Retail Operations

Amazon hired a new head of its logistics and retail business sectors, pegging the same executive who launched Amazon Fresh 15 years ago. Read More 

Los Angeles’ Panorama Mall Will Convert Into Mixed-Use Project

Primestor Development is converting its Panorama Mall in L.A. into a mixed-use project that will create 4.5 million square feet of commercial, residential, and hotel space. Read More

Grocery-Anchored Retail ‘Stronger Than Ever’ According to GlobeSt reports on the latest projections that grocery e-commerce sales will double by 2025, and they haven’t showed signs of slowing due to their pace of acquisitions of “open-air retail properties”. Read More

Westfield Malls’ Euro-Based Owner “Done With the U.S.” According to WSJ

Unibail-Rodamco-Westfield is looking at potentially big losses as it is currently in process of offloading its American mall portfolio during the next calendar year. Read More

Surgery Centers Begin to Fill Empty Store Vacancies in Malls

Hospitals and healthcare providers are filling the voids that were left by lost retail tenants in shopping malls around the country. Read More

After Retailers “Learned to Survive” During the Pandemic in 2020 / 2021, They Are Planning More Openings in 2022

BisNow reports on the amount of physical stored opening around the United States, showing that many retailers are now in expansion mode vs the previous years affected by the pandemic. Read More