NREI Daily NREI/Daily
News and analysis about commercial real estate finance, investment, development and leasing. | |
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| September 29, 2016 Top Story By Diana Bell, Staff Writer “Our whole world was built based on the assumption the pie would grow. Nobody has come up with a solution as to where that growth will come from,” Zell said. FULL ARTICLE |
Analysis By Donna Mitchell, Contributing Writer Future stores will operate in much smaller footprints—about a quarter of the current average unit size of 40,000 sq. ft., according to media reports. FULL ARTICLE |
NREI Wire Harvard Zhang and Lauren Coleman-Lochner Bloomberg Sears Holdings Corp., Claire’s Stores Inc. and Nine West Holdings Inc. are among seven chains at high risk of defaulting within a year as shoppers shift to online merchants and spend more on experiences, according to a Fitch Ratings. FULL ARTICLE |
CoStar Group Toys R Us Inc., which operates 875 stores in the U.S., is preparing to refinance a big chunk of those stores in the CMBS market looking to raise up to $512 million. FULL ARTICLE |
Must Reads By NREI Staff China’s real estate mogul Wang Jianlin warns of the “biggest bubble in history.” Detroit’s housing market is on the mend, according to CNBC. These are among today’s must reads from around the commercial real estate industry. FULL ARTICLE |
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