Target is shifting its retail strategy to focus on larger store sizes in order to best meet its same-day fulfillment goals. Target is planning to shift its real estate strategy by focusing on larger-format stores at nearly 150K SF, the company announced Thursday. The...
Commercial real estate activity remains elevated in 2022, which is a promising sign considering record-highs were reached last year. Market activity is being paced by three property types, multifamily, industrial, as well as a strong rebound in retail. A new Mid-Year...
Malls were amongst the hardest hit retail sectors during the peak of the pandemic. Traditional indoor malls were closed due to stay-at-home orders, and rent collections from tenants seized entirely. Anchor tenants, such as JCPenney and Nieman Marcus, filed for...
