Real Estate

A new player has entered the furniture store market via an acquisition.

As a development chief for Van Trust and Rouse, Steve Backman has overseen the delivery of more than 6 million sq. ft. of industrial space.

As Nordstrom begins to reopen its stores, it also is closing some permanently.

One of the top nation’s top owners of necessity-based centers claims to have fared well through the pandemic-afflicted first quarter.

Simon Property Group’s intention to make southern New York properties like the Woodbury Common outlet center part of its mass mall-reopening got postponed.

Brookfield is betting five billion bucks on retailers to make it through the COVID-19 pandemic.

Asset disposition specialists A&G Real Estate partners has formed a new unit to help both healthy and distressed businesses with asset-specific dispositions, bankruptcies, and out-of-court restructurings.

Closing 16 of its full-line stores – around 14% of the total store base – is a significant move by Nordstrom.