REAL ESTATE

Macy’s bullish on its off-price format
Macy’s is expanding its off-price Backstage concept – in-store and in freestanding locations.
Choice Market puts high-tech spin on convenience in new location
A retailer that combines the selection of a natural grocer and the footprint of a c-store with the newest technology is looking to reinvent convenience with the opening of its new location in Denver.

Walmart to test in-store Le Madeleine bakery, café

Walmart is partnering with a casual restaurant brand known for its “French comfort food.”
Sheetz expands in Central Ohio with big plans

Sheetz has opened its first store in the Columbus, Ohio, market with more to come.
Home Depot opens three Florida distribution centers

A home improvement giant is expanding its same- and next-day delivery capacity across South Florida.
Adidas opens high-tech flagship in one of world’s largest malls

Adidas has opened its first Mideast flagship, at The Dubai Mall. At 15 million sq. ft., it is the largest mall in the world based on total area.
Kimco and Weingarten merge to create top grocery-anchored center company

Kimco and Weingarten, both important operators of grocery-anchored shopping centers in the United States, have merged to become No. 1 in that business with a combined portfolio of 559 properties.
Kroger debuts next-gen fulfillment center model in Ohio

After three years of planning, Kroger has finally gone live with its leading-edge automated warehouse concept known as a customer fulfillment center.
Will emptied offices in major metros devalue retail space?

Last week, New York City released a report saying that the value of its forest of office towers had fallen by 25% in the past year.
How Better Together made Avalon better than before

We at North American Properties realized that in order to successfully emerge from the pandemic, we needed to reinvent our approach to operations, leasing, and events.