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CBRE: Hong Kong remains most expensive retail market
Los Angeles — Hong Kong is by far the world’s most expensive city for global retailers. Even so, prime rents in major global markets such as New York, Paris and London continue to break records, according to new research from global property advisor CBRE Group.
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Four new retailers sign into Brea Mall in Brea, Calif.
Indianapolis — Four new retailers have leased space at Brea Mall in Brea, California, according to Simon Property Group, the mall’s owner. Starbucks Coffee Company, Kiehl’s Since 1851, Kelley’s Kookies and Shoe Palace plan to open their doors this spring and summer.
Starbucks will debut this spring as a standalone kiosk with tables and chairs for café-style seating.