Al Urbanski
ARTICLES BY THIS AUTHOR
- 4/27/2021
Two-thirds of Americans think smaller cities and suburbs are cooler than major metros
Remote working has led millions of people to abandon apartments in major metros and move to smaller cities and suburbs. - 4/27/2021
Leasing activity’s on the rise in New Jersey, top broker says
Following a year when leasing activity declined by almost 30% in her state, a top broker in New Jersey sees a significant uptick in retail expansion with strong brands like Planet Fitness, Dollar Tree, and Five Below eagerly snapping up empty spaces. - 4/27/2021
Retail is rekindled on a former brownfield site in Baltimore
Two Baltimore guys named David Bramble and Peter Pinkard recently accomplished something few in town thought could be done. - 4/25/2021
My Eyelab sets its eyes on isolated locations
For folks in rural areas, eye examinations are often an annual family outing. Optical shops must pay opticians who do eye exams salaries in excess of $150,000, and that’s just not profitable in towns like Beersheba Springs, Tenn., or Deweyville, Utah. - 4/20/2021
Four tenants open in Easton’s new urban district
Easton Town Center’s $500 million new urban district, where an RH Gallery and an Arhaus have already been doing business, opened four new tenants this week. - 4/19/2021
PREIT’s rent collections topped 100% in last two quarters
PREIT has reported collecting 119% of rents at its 19 regional and super-regional malls in the first quarter due to payments of current obligations, as well as some it had deferred during the 2020 shutdowns. - 4/14/2021
Kimco and Weingarten merge to create top grocery-anchored center company
Kimco and Weingarten, both important operators of grocery-anchored shopping centers in the United States, have merged to become No. 1 in that business with a combined portfolio of 559 properties. - 4/13/2021
Will emptied offices in major metros devalue retail space?
Last week, New York City released a report saying that the value of its forest of office towers had fallen by 25% in the past year. - 4/11/2021
CBL focuses on local tenants in its new mall campaign
Though scores of national brand retailers populate the 100-plus malls and outdoor centers CBL Properties operates in 24 states, the Chattanooga, Tenn.-based company likes to point out that some 1,300 of its tenants are locally owned businesses. - 4/11/2021
JLL sells outdoor center in what it calls a hot Dallas market
JLL Capital Markets announced that it had closed the sale of McKinney Marketplace in the town of the same name north of Dallas.
