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Discounter To Open 3,000 Rural Dollar Tree-Family Dollar Hybrid Stores

Another one of the select few retailers to see positive momentum during the coronavirus pandemic is doubling down on its growth. Dollar Tree announced on its year-end earnings call that it plans to open 3,000 locations of a new hybrid concept store specifically designed for rural communities of 4,000 people or fewer, Retail Dive reports. The stores …

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Oakland’s Retail Submarkets’ Stability Reflects Uncommon History

Several Oakland retail submarkets are well on their way to recovery from the coronavirus pandemic based on a Q4 2020 report from John Cumbelich & Associates and past trends. Following drops in performance in 2020, occupancy levels in the Grand Lake and Rockridge submarkets increased last quarter and both experienced positive net absorption. Occupancy levels …

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The Innovators: Legal & General’s Retail Leasing Strategy

In this series, Bisnow highlights people and companies pushing the commercial real estate industry forward in myriad ways. Click here to read Q&As with all the innovators Bisnow has interviewed so far. UK retail property is a dark and stormy place right now, and it’s not just because of the coronavirus pandemic — a lot of …

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Hollywood & Highland $100M Makeover Gets Underway

A $100M makeover of a major retail, dining and entertainment complex along the Hollywood Walk of Fame has begun. The transformation of Hollywood & Highland will include design upgrades to the property, a refreshed tenant mix and the addition of creative office space, owners Gaw Capital USA and DJM Capital Partners Inc. announced last year. Repainting …

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What To Do With Shopping Centres? SoftBank-Backed REEF’s Answer Makes Its London Debut

REEF, the Miami-based urban animation business, will debut in the UK shopping centre sector after a deal with Capital & Regional.  Urban farms, neighbourhood kitchens, last-mile logistics and the latest electric scooters are all being considered for underused sites. Capital & Regional has signed a new agreement with REEF Technology that will see underutilised car parks …

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Seaport’s 44K SF Luxury Cinema Closes Permanently

The movie theater industry’s struggles have reached Boston’s upscale Seaport District. The ShowPlace ICON Theatre at WS Development’s 60 Seaport Blvd. has closed permanently. It had been closed since September and hadn’t reopened despite subsequent city guidelines allowing theaters to reopen at limited capacity. The Kerasotes ShowPlace ICON Theatres brand now counts just six other locations nationwide. “While we did …

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