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  • It’s a tenants’ market at retail centers

    Despite the rash of recent store closings, leasing activity is strong at malls and shopping centers as retailers take advantage of favorable terms.   That’s the take of Mizuho Securities analysts following conversations with major broker organizations at the International Council of Shopping Centers RECon Show in Las Vegas last week.   

  • Online giant on the hunt for 'innovative' store designer

    Amazon is beefing up the team responsible for its grocery store concept.    According to a job description on LinkedIn, the company is looking for an "innovative" store designer to join its Amazon Go ACE (Architecture, Construction & Engineering) team. The ideal candidate, according to the posting, is a "self-starter who thrives in a fast-paced, ambiguous environment and has a deep passion for innovative retail design."  

  • CBRE, JLL among LinkedIn’s Top 50 Companies

    Not one, but two leaders in retail real estate have been named to LinkedIn’s Top 50 Companies list.    CBRE came in at No. 18 and Jones Lang LaSalle at No. 21, ahead of such companies as Adobe, Oracle, and Coca-Cola.   The social media site for professionals determines rankings by interest in a company's jobs, interest in a company's brand and employees, and employee retention among its 500-million-plus members.  

  • Forum Shops celebrates 25 years

    When Simon opened the Forum Shops at Caesars Palace in 1992, the Las Vegas Strip was still a place where one could find $2 blackjack tables and $1.99 steak dinners. Simon Properties took a chance, brought luxury retail to the Strip, and helped pioneer full-price retail on the famed boulevard.  

  • Fort Worth’s West 7th district gets a new name

    West Elm will be opening its first Fort Worth location in rebranded urban retail development in the town’s Cultural District.   Heretofore known as West 7th, The Woodmont Company decided to call upon a more colorfully named street in the neighborhood to rebrand the shopping and entertainment district as Crockett Row at West 7th.  

  • Dollar Tree signs five leases in New Jersey

    Dollar Tree is making headway on its strategic move into the nation’s most densely populated state.   The value chain has executed five leases at locations in New Jersey, the largest a 12,230-sq.-ft. inline space at Plainfield Plaza, a grocery-anchored center in Plainfield, according to R.J. Brunelli, Dollar Tree’s real estate representative in the state.   Other locations:   Toms River: 10,200-sq.-ft. freestanding space on Route 37

  • New Jersey town center changes hands

    The Azarian Group has acquired The Livingston Town Center in Livingston, New Jersey in a $21.2 million trade arranged by Cushman Wakefield.   The 11-year-old lifestyle retail property houses a diverse mix of 28 restaurants and shops, including Fan Bistro, an upscale Asian spot, Restore Cold Pressed Juices, and Dentistry with a Smile. Fit 36 and Xtend Barre are scheduled to open there soon.    

  • WPG, O’Connor go in on seven open-air centers

    Washington Prime Group and O’Connor Capital Partner announced the formation of a joint venture partnership in seven open-air retail centers. WPG will be the controlling partner with a 51% stake.   The seven properties are:   • Arbor Hills in Ann Arbor, Michigan;  • Classen Curve/Nichols Hills Plaza/The Triangle at Classen Curve in Oklahoma City;  • Gateway Center in Austin, Texas;  • Palms Crossing in McAllen, Texas;
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