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 Q1Retail 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. CBRE adds Cushman & Wakefield vets to team CBRE is expanding its team of brokers to serve the growing Arizona market. 1 2 Next Last
