«Our growth strategy here is simple: re-lease some of the existing
retail space at today's rents, which significantly exceed in - place rents, and convert non-retail space to retail to maximize value.»
Other new developments in Austin include a central city project at 6th and Lamar that will open by year's end; a development of warehouse, office and
retail space at Ben White near Lamar; a 116,000 sq. ft. shopping center anchored by H - E-B at East Parmer Lane and Dessau Road in northeast Austin; The Market at Anderson Harbor, an Albertson's - anchored project on Highway 183 at Anderson Mill; and Stassney Heights, a Lowe's and Albertson's - anchored center at Stassney Lane and IH - 35.
According to a press release from the BRA, the developers will restore the historic Burnham Building by repairing its façade, updating all building systems and adding office and
retail space at street level.
NEW YORK — Savanna has acquired
retail space at 465 Broadway from GLL Real Estate Partners for $ 57 million in an off - market transaction.
NEW YORK — City National Bank (CNB) has signed a 15 - year lease to occupy 45,000 sq. ft. of office and
retail space at 400 Park Avenue.
The financing, obtained through PNC Bank, allows for the construction of an additional 120 units and 17,652 sq. ft. of
retail space at the Sterling Properties of New Jersey - owned property.
Miller has been operating a branch office in
retail space at Fort Gordon since October 1994.
Additionally,
retail space at ARCO Plaza is being reconfigured and downsized from 250,000 square feet to about 110,000 square feet, of which 20,000 to 25,000 square feet is earmarked for restaurants on the Plaza level, according to Joe Paggi, retail consultant for building owner Thomas Properties.
Retail space at 3 Columbus Circle includes a corner entrance on 57th Street and Eighth Avenue and offers 27 - ft.
For years, many have believed that Vornado, which operates Manhattan office properties and also owns much of
the retail space at the foot of 666 Fifth, was interested in owning all the building.
Poore found an available
retail space at 2 North Shore, a LEED - certified shopping center located across the Tennessee River and off a busy highway intersection.
In 2016, Weiland's brand received the inaugural CFDA x Cadillac Retail lab grant of $ 75,000 and three months of
retail space at Cadillac's world headquarters in New York City.
Congel also promised as part of the 30 - year deal to build a 1,342 - room hotel and 350,000 square feet of additional
retail space at the mall.
Winning retailers will receive free
retail space at 50 Fountain Plaza (on Main Street at the corner of Chippewa) from June 15 through August 31.
Curbcut Urban Partners is negotiating with a movie theater to lease 38,000 square feet of
retail space at its eight - story medical - and - office building planned for...
Under the terms of the deal, Sprint would effectively operate a «store within a RadioShack store», occupying about one - third of
the retail space at each.
With retailers jostling to locate as close to the World Trade Center site as possible, Brookfield Office Properties announced plans in June to improve and expand retail offerings in about 180,000 square feet of
retail space at the World Financial Center, just west of the World Trade Center site, as part of a $ 250 million upgrade of the four - building complex.
Not exact matches
The fund has already made some investments
at launch, including
retail pop - up
space rental platform Appear Here, online luxury boutique platform Farfetch, and subscription superfood business Daily Harvest.
Retail supply is
at a premium in the CBD, and several overseas names are set to add to the
space race this year.
The
retailer devotes so much of its
space to toys — rather than the few aisles
at Walmart and Target Corp. — it can take chances on new items and smaller suppliers.
Freddie Lait, founder and CIO
at Latitude Investment Management, speaks about competition within the U.K. food
retail space.
At the time, Google (googl) wanted to make robots that it could offer to enterprise customers in the manufacturing and
retail spaces.
Anyone who aspires to play competitively in the
retail space these days needs to be able to talk the language of omnichannel merchandising — the notion that the various manifestations of a company's online or mobile presence can be pressed into service to create a more engaging, or
at least tolerable, in - store experience.
As the PGA Championship kicks off, a look
at some of the key players in the golf
retail space are showing signs of struggles.
Synn most recently served as Director of Relationship Marketing
at Nordstrom Inc. and brings more than fifteen years of experience in the
retail, e-commerce and technology
space.
Just east of the World Trade Center site,
at 22 Cortlandt Street near Broadway, the discount department store Century 21 announced plans in June to add 76,000 square feet of
retail space, which would include a cafe, dressing rooms and bathrooms, to the 120,000 square feet it already occupies.
Even so,
retailers are lining up to lease the
space, said Darrell Rubens, a senior managing director
at the
retail brokerage Winick Realty Group.
US department store sales have dropped 18 per cent since 2010, according to Bank of America estimates, while PwC expects
at least 90m sq ft of
retail space will be closed this year.
Greg Portell, lead partner for consumer products and
retail at A.T. Kearney, says deals in the media
space are likely to pickup as firms seek content for future growth plans.
At the end of 2010, there were 325 Walmart stores employing about 85,000 people with
retail space of 42 million square feet and estimated sales of $ 22 billion.
A look
at how color matters in your
retail space.
He wanted to conjure the elusive magic that delights customers
at Apple stores, or
at a handful of brick - and - mortar
retailers such as Burberry, H&M, Target, J. Crew, Lululemon (lulu), and a few others devoted to the art and design of the product and the
space.
I used to absolutely despise looking
at retail spaces (okay, I still do).
Unlike historical development projects like Rockefeller Center and Times Square, Hudson Yards is trying to be a blend of a number of things
at once: commercial,
retail, public
space, and residential.
Zara's biggest competitor in the fast fashion
space, Sweden's H&M, tried a different approach last year already to marry online and classical
retail, when it put cash registers and sales advisers in the fitting area, allowing customers to avoid standing in line
at checkouts.
The move is just the latest by a big box
retailer looking to find new uses for store
space at a time more shopping is moving online.
The move also comes as a number of
retailers stake a claim in the growing «smart home» industry which centers on tech that does things like let people turn off the air conditioning remotely: Best Buy (bby) recently announced it was giving more floor
space at 700 of its stores to better showcase Amazon's Echo as well as Google Home.
If you take a closer look
at atmospherics, or the study of physical
retail spaces and how they influence customer decisions, you might also get some ideas for new
retail strategies.
It took broad aim
at Whole Foods, criticizing everything from its cozy board and wilting produce to its pricey real estate in well - heeled neighborhoods like Columbus Circle, where Whole Foods has a store in the Time Warner Center — one of the most expensive
retail spaces in New York City.
It is going to be much more difficult for a competitor to enter a business which requires hundreds of millions of dollars in startup capital than it is for a
retailer, which can be opened for a minuscule fraction of the cost (e.g., there are very few entities in the world that could start an airplane manufacturer to go head - to - head with Airbus or Boeing, but you and your friends could probably gather the capital necessary to lease a
space at the local mall and start your own business).
Religious institutions increasingly taking vacant
retail space in malls Call it a Hail Mary play: landlords are taking a fresh look
at churches to...
Taking up
space at a Kohl's location fits with ALDI's natural inclination toward a smaller
retail footprint, while freeing the brand from the usual stricture to custom - build it themselves.
Tom Robertshaw (@bobbyshaw) is an Ecommerce Evangelist
at Space 48, an award - winner ecommerce consultancy for forward - thinking
retailers.
Elop acknowledged it needs to have the channel well - lubricated with Nokia devices so they occupy plenty of shelf
space at retail.
They have a term sheet out with Sony to take 500,000 s / f
at 11 Madison Avenue, where Credit Suisse has renewed terms, and they have installed a Fidelity Investor Center in 22,000 s / f on the ground and mezzanine
retail space.
These three industries are the largest TV advertisers, and Prime is taking aim
at all three: Prime Video and its competitors are increasingly dominating non-live television viewing, and there are no commercials, while Amazon Prime obviates the need to visit
retailers, and its infinite shelf
space means niche products are much more viable.
Investors in this sector also look
at sales data for office buildings and
retail developments and lease price trends for office and
retail space.
During the third quarter, the number of available
spaces on the borough's top
retail corridors fell by about 7 percent to 197 from a peak of 212
spaces at the beginning of 2017, according to CBRE.
«If you look back
at the arena from 2009 to 2013, there was very little new
retail space being built,» said panelist Dean Lane, a partner
at NewQuest Properties.
One residential broker, speaking on the condition of anonymity, said the reliance on pricey
retail space could put condo developers
at risk, as a surge of new supply begins to drive down
retail values.