July 28, 2023
Via: Retail DiveShifting retail location strategies and high financing and construction costs are shaking up demand for space. In the second quarter, just 5.9 million square feet of retail space was constructed, the third-lowest quarterly total in a decade, according to CBRE. […]
January 8, 2021
Via: CNBCRents for retail space in New York City have tumbled to historic lows, dropping as much as 25% from 2019 levels, as troubled retailers like Neiman Marcus and Century 21 closed stores and vacancies soared, according to a report Friday. […]
April 23, 2024
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