Al Urbanski
ARTICLES BY THIS AUTHOR
- 10/13/2020
Real Estate Investor Survey: Retail sector will be hurt most by COVID-19
Nine out of 10 investors and senior property company directors think real estate transaction levels will return to pre-pandemic levels in 2021. - 10/12/2020
URW gets EPA award for use of green power
Unibail-Rodamco-Westfield has received the Excellence in Green Power Use award from the United States Environmental Protection Agency for its aggressive use of alternative power sources in its malls. - 10/12/2020
Ingka Centres’ $8.6 billion expansion initiative gains momentum in the U.S.
In a time when news about retail stores mostly concerns their closings, the opening of one particular store brand remains a jubilant event in nearly every region of the country. - 10/12/2020
5Qs for John Morris on the merging of retail and industrial real estate
Four segments of real estate have long been distinct: office, residential, retail, and industrial. - 10/11/2020
City votes down plan; Connecticut’s biggest mall may close
The fate of Connecticut Post Mall, the state’s largest with 1.3 million sq. ft. of GLA, is now dim. - 10/8/2020
ICSC Survey: Holiday shoppers will start earlier and spend slightly more than last year
Two-thirds of Americans surveyed by the International Council of Shopping Centers said they would begin making holiday purchases before Thanksgiving Day and nearly three-quarters plan to spend the same amount of money or more than they did in 2019. - 10/8/2020
ICSC moves RECon to December in 2021, cancels all live events in Q1
Confident that the COVID-19 pandemic will continue to dog the retail industry well into next year, the International Council of Shopping Centers has cancelled all live events in the first quarter of 2021 - 10/7/2020
Malls are outperforming outdoor centers in shopper dwell time
During the first week of September, traffic at outdoor shopping centers was 24.6% lower than a year ago. - 10/7/2020
With 30 store openings this year, Florida has become Five Below’s No. 2 market
The pandemic has not interfered with Five Below’s aggressive expansion plans in the Sunshine State. - 10/7/2020
True Food debuts in Ohio at Easton Town Center
True Food Kitchen, the healthy dining chain co-founded by Dr. Andrew Weil and co-funded by Oprah Winfrey, opened at Easton Town Center in Columbus this week, its first location in Ohio. - 10/6/2020
CBRE forecasts just a 1.5% rise in holiday sales this year
The average 4.1% rise in holiday sales that was posted since 2010 will cool down precipitously to just 1.5% this year, according to CBRE’s just-released report, “A Holiday Shopping Season Like No Other.” - 10/6/2020
COVID-curbed theaters, restaurants held rent collections under 90% in September
Paid rents at retail centers ticked up from 81% in August to 83% in September, still far below the 93% collected last year at this time.
