Malls finding new life since recession
That the malls are doing well doesn’t surprise experts like David Woitowitz, architect with JP Franzen Associates, whose expertise includes designing smaller retail spaces…
Saurage Rotenberg News
That the malls are doing well doesn’t surprise experts like David Woitowitz, architect with JP Franzen Associates, whose expertise includes designing smaller retail spaces…
As the commercial real estate market has so adeptly illustrated during the past five years, the saying “What goes up must come down” has a much broader application beyond Isaac Newton’s law of gravity. This idiom has served as an apt metaphor for not only the commercial real estate market, but also for the careers of the thousands of professionals…
Commercial real estate investors are ready for a bit of risk. According to a 2011 Colliers survey, more than half of U.S. investors surveyed are prepared to move out of their comfort zones in search of higher returns. Their adventures will lead them straight to non-core markets…
The seniors housing occupancy rate continued its gradual recovery in the first quarter of 2012, reports the National Investment Center for the Seniors Housing & Care Industry (NIC). However, construction activity and year-over-year rent growth slowed, according to NIC MAP, a data analysis service…
Best Buy Co. Inc. sent a shock through the retail real estate industry last week after it reported a $1.7 billion loss for its most recent quarter, which included 2011 holiday shopping sales, and announced plans to close 50 big box stores in the coming year and lay off 400 workers. Media and industry analysts were quick to speculate that Best Buy might…
Without a doubt, technology is having a significant impact on consumer spending habits. The traditional “bricks & mortar” shopping mode is rapidly changing and declining. More and more consumers are browsing the internet for their shopping needs, comparisons and ultimately final purchases…
THE old Rackspace headquarters was stuffed to the gills. In 2007 the company, which offers cloud-computing and web-hosting services, had more than 1,000 employees in downtown San Antonio. People were crammed at folding tables in the hallway…
The amount of commercial real estate backed by troubled loans in the United States continues to fall from a high of $191.5 billion set in March 2010. So-called distressed real estate, which included properties in default or foreclosure and real estate taken over by lenders, totaled $166.9 billion in January 2012, down $4.7 billion since October 2011, according to data from Real Capital Analytics…
As the residential real estate market continues to decline many real estate investors have been attracted to what might be the next great financial market to boom: apartment buildings. An ancient Chinese blessing says “may you live in interesting times”…
As dollar stores have upgraded, consumers don’t feel embarrassed to be seen at one. “Some people might have thought that there was a stigma attached to shopping at dollar stores,” Waterman said, “but when they saw their friends shopping at them and realized the potential savings, they were more likely to frequent these stores.”
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H.N. “Hank” Saurage IV, CCIM / Saurage Rotenberg Commercial Real Estate, LLC / Licensed in Louisiana and Mississippi