Brett White, CEO of commercial real estate brokerage firm Cushman & Wakefield, says he has optimism in the office market, CNBC reported. White says he thinks office employment will return to “fairly stable” levels within the next two years. “We lost about 2.9 million office...
As the retail luster of Hong Kong dissipates, luxury fashion retail brands LVMH and Prada are dropping their leases. At the same time, prime retail rents fell late last year as social unrest impact commerce and discouraged many of the Mainland China visitors who back...
As anchor stores scale back their brick-and-mortar presence in malls, is their departure necessarily a big loss for shopping centers? Class A malls might, in fact, benefit by finding new uses for the space these stores leave behind. Many of the deals mall owners made...
June 09, 2024
Don’t write any obituaries for the American shopping center just yet. As The New York Times (NYT) reported Sunday (June 9), retail landlords are now finding themselves with soaring demand for spaces. As construction declined and underperforming stores vacated, landlords began signing up tenants that would draw more traffic and keep people hanging around — […]
August 11, 2021
Brett White, CEO of commercial real estate brokerage firm Cushman & Wakefield, says he has optimism in the office market, CNBC reported. White says he thinks office employment will return...
January 21, 2020
As the retail luster of Hong Kong dissipates, luxury fashion retail brands LVMH and Prada are dropping their leases. At the same time, prime retail rents fell late last year...
