FEBRUARY 27, 2020

Top Story

Retail

Outlet Centers Continue to Post Healthy Fundamentals, But There May Be Challenges Ahead

By Liz Wolf, Contributing Writer

Bricks-and-mortar retail, in general, has been badly bruised over the past several years. The outlet center sector has weathered the storm better than some other retail types as it draws shoppers looking for bargains, but it too faces challenges.

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BANKRUPTCY SALE –8.68 Acres on the Las Vegas Strip
• Offered in Whole or Parts
• Most significant development site available on the Las Vegas Strip
• Prime location for Hotel, Gaming, Retail, Parking, etc.
• Located in a Qualified Opportunity Zone
• Directly across from Mandalay Bay, walking distance from the new Las Vegas Raiders stadium
• Offers reviewed in advance of the bid deadline

Analysis

Multifamily

Apartment Builders Keep Building, Despite New Rent Control Laws

By Bendix Anderson, Contributing Writer

In spite of fears surrounding the expansion of rent control laws throughout the nation, developers in some of the biggest U.S. apartment markets haven't pulled back on new projects.

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Podcast

NREI's Common Area, Episode 28

By NREI Staff

In this episode of Common Area Podcast, David Bodamer discusses the recent mega-merger between Simon Property Group and the Taubman Company. David explores the early days of the retail mall industry, which began with these two retail real-estate giants, to uncover what finally brought these two rivals together.

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Digital Edition

A Cautious Approach

By NREI Staff

Gregg Gerken, head of CRE business at TD Bank, gives his outlook for bank lending in 2020. Read this and other stories in the January/February 2020 issue of NREI.

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Investors have checked out of the New York lodging market. No Manhattan hotels changed hands in the three months through January, according to Real Capital Analytics, as a growing supply of the properties limited owners’ ability to raise room rates.

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Shoprite’s Selling Property to Pay for Online, Store Upgrades

Bloomberg

Sign up Shoprite Holdings Ltd.’s decision to sell some properties and lease them back is to free up cash to invest in technology, growing online sales and upgrading supermarkets to offer more fresh food.

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10 Must Reads for the CRE Industry Today

By NREI Staff

Google plans to invest more than $10 billion in offices and data centers, reports Reuters. 7-Eleven to expand new store concept, according to Chain Store Age. These are among today’s must reads from around the commercial real estate industry.

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