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REAL ESTATE

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

Neiman Marcus

Hudson Yards bolsters store portfolio; focuses on experiential retail

New York City’s massive new retail center expects a new slate of upscale retail brands and innovative store experiences to attract “millions” of additional consumers.

Fashion District Philadelphia

PREIT: ‘$360 million makeover is paying off’

Just months after the opening of 700,000 sq. ft. of new or remerchandised space, PREIT has declared a major victory for its long-term plan to uplift high-impact properties and dispose of low-performing ones.

Neighborhood Goods

Neighborhood Goods is bringing its department store of the future format to the Big Apple.

A rendering of the Fenton mixed-use project in Cary, N.C.

Hines and Columbia Development have announced several new tenant signings at Fenton, their 69-acre mixed-use project rising up on the outskirts of Raleigh, N.C.

New Town Village

Inland Property Management has hired a broker to help it curate New Town Village in Owing Mills, Md.

sears

The parent company of Sears and Kmart is lowering the boom — again.

amazon

Amazon is investing more than $40 million in a robotics innovation hub.

Mall of America

The ShopperTrak solution measures mall shopping center traffic patterns, delivering mall owners and retail property managers the reliable data to explore new leasing models, quantify event success and ensure the right tenant mix by zone.

J.Jill

J.Jill is showing off a new look at its just-opened at Copley Place, in Boston.

Barneys building

Barneys New York has begun its final wind down. Great American Group, a B.

Brilliant Earth Philly showroom

An ethically-sourced, digitally native bridal and fine jewelry has put down roots in Philadelphia. Brilliant Earth opened its eighth physical location, a showroom in the heart of Philly’s Rittenhouse Square. The 2,000-sq.-ft.

Desert Ridge Marketplace

An Arizona shopping center is the first in the state to allow shoppers to stroll outdoors with an adult beverage in-hand, thanks to new state legislature spearheaded by its owner and manager, Vestar. 

Amazon Canada is planning to open its first-ever fulfillment center in Quebec.

A format that blends a grocery store with a nutritionally-minded cooking school is adding more locations. Basics Market, which has two stores in Portland, Ore., has opened a location in Tualatin, Ore.

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