This guest post is written by Thomas Galvin of Colliers International. Thomas is a commercial real estate analyst for Colliers International with a regional focus on the Inland Empire. You can learn more at his commercial real estate economic blog www.inlandecon.blogspot.com. The lifeblood of retailers are consumers. The industry adage that “retail follows rooftops” is [...]
An article in the Phoenix Business Journal points to a survey done by Places Magazine which ranks Phoenix as the worst retail market in terms of vacancy rates and speed of deterioration, new inventory in the pipeline, net absorption and preleasing activity. The remainder of the top 5 were Las Vegas, Kansas City, Atlanta and [...]
Fresh & Easy Neighborhood Market has altered it’s course. Until now, Fresh & Easy has been a savior tenant for many developers, eating up 14,000 square foot chunks of old space and dark drug stores. They have done deals in existing spaces, build-to-suits and ground leases. Last week I heard that they had changed course [...]
This article is not really new news but it is totally brutal nonetheless. I wonder who the $35 million buyer is? He should retrade the deal because he can. I really doubt buyers are lined up at the door for this deal. I have been scratching my head about this project since the first leasing [...]
