November 10, 2014
But Analysts Present a Mixed Picture of How Robust the Increase Will Be After a tepid back-to-school season and with Black Friday just weeks away, all eyes in retail, including retail real estate, are fixed on analysts’ predictions for 2014 holiday spending. The majority of the announcements are cause for good cheer, with major forecasts […]
READ STORYOctober 29, 2014
Momentum Confirms Retail Real Estate Trend in Northeast We’ve been seeing the health of retail real estate in the Northeast improve steadily over the past year – and reporting on it regularly here on our blog. Leasing activity at Levin-managed properties now confirms that a positive retail real estate trend is, in fact, in progress. […]
READ STORYOctober 21, 2014
Short-Term Leases Have Gone Beyond a Retail Real Estate Trend It’s an established cycle. Halloween stores brimming with costumes, decorations and accessories spring up like pumpkin patches around Labor Day and then, as the winter holiday shopping season rolls in, they vanish from the mall or shopping center (to be replaced perhaps by a temporary […]
READ STORYOctober 10, 2014
National Discount Retailer to Open at Mayfair Shopping Center in Commack Stein Mart, the Jacksonville-headquartered discount apparel and home fashion retailer, is set to open its first store on Long Island in the Levin-managed Mayfair Shopping Center in Commack. The store will occupy 30,800 square feet of space in the 221,000-square-foot shopping center. Expansion Reflects […]
READ STORYSeptember 26, 2014
Improvements are Key to Attracting Tenants, Shoppers and Investors Current market conditions present a strong incentive to evaluate the repositioning of a retail property. Most important, financing rates are – at least for now – at historic lows. The number of tenants looking for space is increasing and construction pricing remains competitive. Whether it’s a […]
READ STORYSeptember 16, 2014
Strong Demand in Commercial Retail Leasing, Vacancies Decline, Area Developers are Active Again Moving into the final months of 2014, the outlook for retail in the Northeast is expected to continue on its positive course. At Levin, we are seeing demand from national, local and franchise companies across a broad range of categories. Vacancies are declining […]
READ STORYSeptember 10, 2014
Consumers Seek Retail Venues that Provide Connection and Experience Sparking a Retail Real Estate Trend As far back as ancient Greece, the public square has been the center of civic and social life, the magnet that drew people together, the place to gather not just to shop but to recreate and connect. Successful merchants knew […]
READ STORYSeptember 4, 2014
But “Webrooming” Is the New Retail Real Estate Trend to Watch Gone are the days when back-to-school shopping was concentrated in one big spree that encompassed everything from Nikes to notebooks. Today we have a season stretching from summer well into September, as value-focused consumers stalk the last of the markdowns. Though vacation is over […]
READ STORYSeptember 3, 2014
Levin will host a booth at the International Council of Shopping Centers’ (ICSC) annual PA/NJ/DE Idea Exchange in Philadelphia. The three-day event is scheduled for September 8-10 and offers a unique opportunity to gain insights into key issues facing the industry in the Mid-Atlantic region. Attendees will find networking and deal-making opportunities, along with informational […]
READ STORYAugust 18, 2014
Wine and Beer Service May Spark a New Retail Real Estate Trend Will the 40 million customers who start their weekdays at Starbucks want to return post- 4 p.m. for wine, beer and tapas-style small plates? After four years of testing in selected U.S. cities, the coffee powerhouse is betting they will. Starbucks COO Troy […]
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