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REAL ESTATE

News and analysis on retail related real estate, including deals, center development and tenant updates.

Bed Bath & Beyond

Bed Bath & Beyond in big store closing move

Bed Bath & Beyond plans to close about 200 stores during the next two years as it looks to return to profitability.

Sur La Table files for bankruptcy with plans to close nearly half its stores

Sur La Table is slashing its store footprint as it seeks to prosper under new ownership.

Meijer is growing across the Midwest.

Paul Hartley

Of all the changes COVID-19 has visited upon the retail industry, the catalysis of omnichannel operations might end up having the most profound and long-lasting effect. 

The U.S. industrial real estate sector will grow to more than 1 billon square feet by 2025, fueled by e-commerce’s pandemic boom.

New York State Mall owners and the thousands of tenants they house had planned to get back to business today. Instead, they remain shut down and up in arms.

RPAI CEO Steven Grimes

Delayed April and May rent payments are starting to come in at one of the nation’s largest owners of open-air and mixed-use centers.

Amazon is opening a fulfillment center and a delivery station in chief rival Walmart’s home state.

J.C. Penney has revealed more details about its store closing plans.

DLC Management Corp. continues to notch major lease signings as the pandemic continues to grind on.

Amazon is making more inroads into physical retail.

On July 1, Apple announced it would re-close 30 more stores it had already re-opened during the COVID-19 crisis.

Big real estate investment firms are actively buying securities backed by real estate, the financial underpinnings of mall owners like Simon, PREIT, Kimco, and National Retail Properties, said a report in the Wall Street Journal.

Shopping malls in most of New York State can reopen on Friday as long as they meet certain conditions, specifically enhanced air-conditioning filtration systems.

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