Speaking at the 2016 ULI Fall Meeting, John McNellis, partner at McNellis Partners, a northern California–based developer, shared part of his perspective, as captured in his book, Making It in Real Estate. For those looking to get into the real estate business, McNellis advised trying to take a 20-year approach to your career. “Do you want to work for the biggest company that’s constantly in the headlines, or do you want to focus on building economic independence? Are you doing the night classes and other hard work to get to where you want to be?”Read More
U.S. retailers and their landlords are embracing the pop-up phenomenon in different ways to meet specific goals, speakers said at the ULI Spring Meeting in Philadelphia.
It could be a bumpy first half of the year for retail real estate: Despite continued improvement in key fundamentals and a strengthening U.S. economy, the retail sector is bracing for a bigger shake-out in store closures in the next few months.
Grocery-anchored shopping centers have long been a highly desirable investment due principally to the nondiscretionary nature of purchases made there by consumers. But changes in grocery formats and shoppers’ habits could shake up the way space is used.
In Rotterdam, a fast-food tenant replaces an obstructive kiosk in a prominent location with a simple glass box that draws people—and sunlight—in.
A planner and an architect develop an international marketplace on a commercial strip in the middle-city area of Boise, Idaho.
Though they pose unique development challenges, authentic, locally focused food vendors create unique experiences.
An unloved, enclosed downtown shopping mall is being opened up to create a “Rockefeller Center” for Los Angeles. The centerpiece of the project is an upscale 400,000-square-foot (37,000 sq m) outdoor shopping, dining, and entertainment district.
Not long ago, it seemed as if e-commerce would make brick-and-mortar retail as obsolete as rotary telephones. Instead, catalog and web retailer L.L.Bean is leading a wave of businesses that are building physical storefronts to drive their online trade.
Healthy Retail SF is a program designed to help retailers in high-poverty neighborhoods in the Bay Area transform their markets into places that offer a variety of affordable and healthy food options.