ARTICLES BY THIS AUTHOR
11/08/2023
Economic headwinds will cool holiday sales in 2023
A meager rise of 3% is expected due to resumed student loan payments and low savings rates.
11/06/2023
Macy’s real estate exec takes leasing directorship at Spinoso
Ben Brotzman will focus on big box tenants for the Syracuse-based mall operator.
11/01/2023
PECO prez Devin Murphy steps down; COO Bob Myers takes his place
Over the past decade, Murphy helped establish Phillips Edison & Company as one of the nation’s top owner-operators of neighborhood centers.
10/31/2023
Dunkin’ takes a thumpin’ from the Pumpkin (Spice Latte)
Starbucks scored a 9% traffic boost with its early release of the PSL; Dunkin’ visits slid by half a percent.
10/31/2023
Anti-aging clinic en route to tripling its locations
Relive Health is opening 25 new locations and entering three new states, eyeing a 100-store portfolio.
10/31/2023
Simon reports increases in occupancy and base rents
The big mall owner gets cash boost from partial sale of its interest in the SPARC fashion brand consortium.
10/30/2023
Top swimwear maker TYR lands its first store
The brand made famous by swimmer Katy Ledecky at the Tokyo Olympics christens a 2,200-sq.-ft.
shop at Long Island’s Roosevelt Field Mall.
10/25/2023
Take 5, the 10-minute oil change service, opens its 300th franchise
Owner Driven Brands is also opening combined Take 5 Oil Change and Car Wash locations.
10/24/2023
Available retail space hits 18-year low
A 34% quarterly net absorption increase to 10 million sq. ft. reveals just how hard space is to come by. The average quarterly increase has been 19 million sq. ft. over 10 years.
10/23/2023
New Hampshire’s Tuscan Village opens its first hotel
The Artisan, a Marriott Tribute brand, assumes a central location at the 3 million-sq.-ft. mixed use center north of Boston.