Shopping Centers are undergoing a transformation just like everything else in this digital age. Many people keep predicting the death of the mall and shopping centers. But don’t think for a second that shopping centers and physical stores are going to give up and go away. Shopping centers are about to take a digital leap and undergo a major transformation ... Read More »
Like everything, shopping center demand is cyclical. Up times. Down times. If you look at the latest data that’s coming out, it’s starting to look like a positive upswing is about to hit the industry real hard. That’s great news for the economy. That means more investment, more construction and retail jobs, more ancillary effects such as an increase in ... Read More »
There are basically three truisms that now affect the construction of malls. People still love to get out of the house. People still love to shop. And people love to eat. Malls owners are changing their mindset for how they choose tenants and many are now adding high-end or popular restaurants as a way to attract more shoppers. That’s great ... Read More »
There’s promising news in the real estate markets about the rising values of commercial property. And that promising development is positive for the US economy as well. It will mean an increase in construction, decrease in employment and the demand for more products, including commercial grade outdoor furniture. The Urban Land Institute predicted in April that commercial real estate transaction ... Read More »
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