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Holiday survey: 40% of smartphone/tablet users will increase mobile shopping
New York -- More shoppers will be leveraging their mobile phones for holiday purchasing than ever before. Burst Media and Rhythm NewMedia’s 10th annual holiday survey found that 39.5% of respondents who use a smartphone and/or tablet to shop will use their mobile devices more this holiday season versus last. -
The Villagio at Cinco Ranch lifestyle center changes hands
Houston -- Marcus & Millichap announced the sale of The Villagio at Cinco Ranch, an 111,963-sq.-ft. lifestyle shopping center in Katy, Texas. The asset had a list price of $31,290,000; however, the terms of the sale of were not released. Derek Hargrove, senior associate, and Justin Miller, vice president investments, had the exclusive listing to market the property on behalf of the seller, The Marcel Group.