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REAL ESTATE

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

Godiva to close or sell all its stores in North America

Godiva is planning to exit the brick-and-mortar retail business.

Amazon expanding Boston tech hub, plans 3,000 new jobs

Amazon is making major additions to its office space and professional staffing in Boston.

The U.S. arm of L’Occitane en Provence has filed for Chapter 11 bankruptcy protection as it looks to cut costs and reduce its store portfolio amid pandemic-related business disruption.

Conn's is entering a new market.

Francesca’s has won court approval to sell itself to an affiliate of TerraMar Capital and Tiger Capital.

The Kroger Co. is following through on a pledge to build a leading-edge automated warehouse facility in the Southwest region.

Amazon is reportedly opening a supply chain hub focused on the last leg of home deliveries north of Boston.

Amazon is opening its second Amazon Fresh grocery store in the state of Illinois.

Ikea has unveiled its first store to open in the U.S. with a smaller format.

Mike Schodowski

As e-commerce has accelerated, so had the demand for warehouse space. According to a report from CBRE, nearly 14 million square feet of big-box retail space in the U.S. has been converted to industrial space.

Amazon is making a major investment in its Canadian fulfillment infrastructure.

“Boston’s like a ghost town, and it was always hustle-bustle,” said Mike Powers, senior VP of Tuscan Village. “It’ll come back, but it’s a wakeup call to the real estate market that things had gotten out of hand.”

Mall owners and operators who spent big money outfitting their enclosed spaces with state of the art air purification and sanitation systems might have helped make medical history.

Apple is taking precautions in the states where COVID-19 is surging.

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