Posts Tagged: Commercial Real Estate

Nine West Closures Will Stagger, Not Knock Out, CRE Outlet Market

The recent Chapter 11 bankruptcy reorganization filing of shoe and apparel wholesaler Nine West Holdings Inc. focused the retail spotlight on the outlet center segment of the commercial real estate industry. Despite the bad news for the U.S. commercial real estate market – including Philly retail space – that Nine West is closing all 70… Read more »

Shopping Centers Expect to See Performance Boost from Closing Weaker Stores

The U.S. retail vacancy rate increased by 10 basis points for the second-straight quarter to hit 5.2 percent in the third quarter of 2017 as retail leasing and net absorption slowed despite continuing improvement in the broader economy and growing consumer spending power, according to CoStar analysts. A slowdown in third-quarter leasing performance for the… Read more »