Retail Real Estate News Highlights – Q4 2020

Commercial Real Estate News Roundup 2020 - N3 Real Estate

Retail Real Estate News Update – Q4 2020

N3 Real Estate puts together the most prominent retail real estate news stories every quarter from CRE news sources around the country.

 

National Retail News

Opportunities Are Very Much Present for Retail Net Lease Investors…

GlobeSt.com covers the latest mood in the retail market, and there are “bright spots” available for making sound investments in the net lease realm of the market. Read More 

… However, the Picture is “Grim” for Malls Across the Country as Movie Theaters Take Major Hit During Pandemic

BizJournals details the issues facing movie theaters and the movie industry nationwide, which in turn is having a direct impact on shopping centers. Many of the USA’s malls are anchored by cinemas. Read More 

Top Retail Performers in 2021 Predicted to Be Grocers, Home Goods, and Gyms

According to Placer.ai, the top retail sectors in 2021 will be grocery stores, home good supplies, and even gyms. Read More 

Health and Safety Take Even More Precedence on Construction Sites Due to Pandemic

Some big changes have been implemented on construction sites around the country already due to the pandemic, such as smaller groups of people on site and PPE (Personal Protective Equipment). Read More

E-Commerce Is Thriving During the Pandemic, It’s Growth May Spark a New Labor Movement Nationwide

Companies like Amazon are bracing for impact with their workforce as labor movements are growing among those working on the frontlines to deliver retail goods to people around the country. Read More 

 

Florida Retail News

MMG Equity Partners’ Florida Retail News

MMG Equity Partners, based in Miami, FL, covers the latest news, reports, and transactions from Florida’s commercial real estate market, focusing on the retail sector in Miami and South Florida. Read More

 

Georgia Retail News

Brookfield Returns 1.3M SF Shopping Center to Lender in Fulton County, GA

Brookfield Property Partners has thrown in the towel on the North Point Mall in Georgia, and handed the deed back to the lender, New York Life Insurance Co. The lender has already tapped Trademark Property, Co to manage the retail center and the property’s redevelopment. Read More

Stan Johnson Co. Acquired Atlanta-Based CRE Brokerage Firm, Shane Investment Property Group

Stan Johnson’s first company acquisition is in line with its strategy to expand upon their multi-tenant retail investment sales presence. Read More

$50M Commercial / Retail Real Estate Project Proposed for Athens, GA

Athens, GA may be home to a new 320,000-square-foot commercial real estate center focusing on retail spaces. Read More 

 

 

Texas Retail News

Dallas’ Retail Real Estate’s Negative Net Absorption Improves During Q4 2020

BisNow reports on the slight improvement of absorption rates in Dallas-Fort Worth’s retail market during the fourth quarter of 2020 compared to Q3. Additionally, the market maintained a solid 92.8% occupancy rate, which is quite positive especially given the effects of the pandemic. Read More

JLL Income Property Trust (IPT) Extends Grocery-Anchored Leases in Dallas-Fort Worth & Las Vegas

JLL IPT recently extended two leases for grocery-anchored retail centers in Texas and Nevada. Read More 

 

Virginia Retail News

Discount Retail Chain, T.J. Maxx Seals Deal for 205K-SF Warehouse Space in Maryland

T.J. Maxx inked a deal for warehouse space at the Mid-Atlantic Commerce Center in Jessup, MD, which is currently 92% leased. Read More