Long Beach's Mosaic retail properties sell for $30 millionA six-building retail portfolio in downtown Long Beach is changing hands. Grocers’ rush to meet rising consumer demandCBRE’s U.S. head of retail research Ebere Anokute reports that consumers are eating more at home due to the value offered by grocery stores. CBRE: Low availability increases rental rates 2.4% in Q1 Retail rents are on the rise to start the year. Longtime McKinsey exec to lead tech at CBRE A commercial real estate services giant is adding a tech veteran to its C-suite. CBRE tapped for leasing at Alston Yards project in North Carolina CBRE has added a mixed-use project to its leasing portfolio. Albertsons-anchored Las Vegas center changes hands CBRE Group, Inc. has arranged the sale of a large grocery-anchored center in a fast-growing market. CBRE sells three SoCal centers CBRE Group, Inc. has sold three of its grocery-anchored shopping centers in California. Brookings: Retail is commercial real estate’s 2nd most valuable asset class The most stable sector during the pandemic, retail rises above industrial and office with a value of $3.03 trillion according to a Brookings report. Lidl US signs lease with NYC affordable housing org for Lower East Side store Lidl US is expanding its presence in New York City via an agreement with a nonprofit organization dedicated to providing affordable housing. Expert Insights: Step up to new energy-efficiency standards Compliance with new Department of Energy (DOE) mandates for reduced energy consumption is critical for retailers. 1 2 Next Last
