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Entering Retail Space as a Non-Retailer

Wolgast Corporation

(Updated 2/20/23) Retail real estate has shrunk over the past three years according to CBRE’s report “ US Real Estate Market Outlook 2023 ”. With less retail construction happening, there is less opportunity for businesses to move into this type of space.

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Should retail developers avoid high crime areas?

BD+C

Should retail developers avoid high crime areas? 0 dbarista Wed, 11/15/2023 - 11:20 Retail Centers For retailers resolute to operating in high crime areas, design elements exist to mitigate losses and potentially deter criminal behavior. Organized retail crime is perhaps one of retailers’ most significant concerns.

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The mall of the future: Less retail, more content

BD+C

To survive, however, they need to become places that are about much more than retail transactions. And retail researchers estimate 25% of America’s roughly 1,000 remaining large malls will close over the next 3 to 5 years. Honestly, malls are in decline. Hundreds of American malls shuttered after the 2007-09 recession.

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Commercial Construction Industry Trends: Reflecting on the Highs and Lows of 2018

HardHatChat

These were jobs that simply didn’t move forward after the bidding process because, even with multiple GCs submitting their best pricing, construction costs were higher than what was estimated on the client’s pro forma – an analysis that projects a project’s financial return. High: Remixing Retail.

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Report estimates 1.2 million people experience LEED-certified retail centers daily

BD+C

Green Building Council has announced a new report, "LEED in Motion: Retail," that details the extensive involvement of the retail industry with LEED and the impact of the globally recognized green building rating system on retail development and the consumer experience.

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What are Today's Best New Retail Developments? | Hard Hat Chat

HardHatChat

What are Today’s Best New Retail Developments? With the way the commercial real estate market has been the last several years, people are looking to commercial construction experts for the best construction tips on how to proceed with a successful new retail development. Restaurant. Shopping Center. Hospitality. Office/Industrial.

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Hotels are becoming the favored places for retailers and consumer products to bolster their brands

BD+C

That’s particularly true of retail and consumer brands at a time when the drawing power of physical stores has been diluted by the proliferation of online options that accounted for $349.9 of total retail sales last year (excluding items not normally purchased online, like fuel and cars), according to Commerce Department estimates.

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