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Unlock Hidden Retail Opportunities Amid Market Shifts 🚀 Retail space is tight, and investors expect growth. Here's a savvy tip: keep an eye on leaseholders closing up shop due to bankruptcy. Public notices give you the edge with early notifications. Take Mod Pizza, for example. Rumor has it they're teetering on the brink, possibly filing for Chapter 7 this week. With over 500 stores, including eight here in Florida (Jacksonville and Orlando), the potential is huge , and the situation is certainly worth keeping an eye on. Their ambitious goal was 1,000 stores by 2024. This could mean prime retail space, leased but not yet opened, is up for grabs. Stay ahead of the game and seize these hidden gems! 💡 #RetailRealEstate #InvestmentTips #CRE #Opportunities

Our new leasing activity, combined with low move-outs, has led to another quarter of record overall, anchor, and small shop occupancy rates at 95.6%, 97.7%, and 91.1%, respectively. Best-in-class tenants have driven these outstanding results, including three new grocer leases. Notably, Trader Joe's is backfilling a former Bed Bath & Beyond box in suburban Denver, boosting our percentage of ABR from grocery-anchored centers to 81%. We're welcoming new locations with ALDI USA, Burlington Stores, Inc., Boot Barn, Skechers, and Ulta Beauty while also capitalizing on the high demand from outparcel tenants like Chase Bank, Fifth Third Bank, Shake Shack, and CAVA. #brxtransform

Big news in retail real estate! 🏢 Newmark is set to market a portfolio of 120 J.C. Penney stores, spanning 34 states, with an estimated value of over $1 billion. This rare offering presents a unique opportunity for investors to shape the future of U.S. retail, as these properties are strategically located in key markets. #CommonwealthLandTitle #CommercialRealEstate #TitleInsurance #MarketTrends #RetailRealEstate #InvestmentOpportunity #JCPenney #RealEstateMarket #Newmark #PropertyInvestment #RetailDevelopment #USRealEstate #RealEstateNews

📢 Big news in retail real estate! Lightstone Group, a New York-based investor and developer, has acquired the Outlet Collection Seattle in Auburn, WA for $82 million. This marks one of the largest retail transactions in the greater Seattle area this year. The nearly 100-acre, 920,000-square-foot mall, which opened in 1995, is 98% occupied with tenants like Nordstrom Rack, Best Buy, and Nike. Lightstone plans to invest an additional $10 million to enhance the shopping experience, attract high-quality tenants, and address maintenance needs. This acquisition underscores Lightstone's expertise in revitalizing retail properties and their commitment to the Seattle market. #RealEstate #Retail #LightstoneGroup #Seattle #OutletMall #Investment #PropertyManagement

What's Next for The Store C-store Chain? The closure of The Store convenience stores and gas stations has been set in motion due to the bankruptcy of Mountain Express, the owner of the land and buildings. The parent company, Team Schierl Cos., announced that operations will cease by July 31, as reported by WSAW-TV. Despite this setback, efforts are underway to ensure a smooth transition for all associates, with plans to retain them in their current roles under a new operator. Back in 2022, The Store entered an agreement with Mountain Express, which saw the latter taking ownership of the properties while the former continued to manage day-to-day operations. However, Mountain Express's bankruptcy filing, initially under Chapter 11 and later converted to Chapter 7, has led to the eventual cessation of operations in August 2023. The Store, with its 25 locations spanning Wisconsin and Michigan, remains a significant presence in its region. Team Schierl Cos., besides its convenience store ventures, also delves into commercial leasing and development, showcasing a diversified portfolio despite this unforeseen challenge. Contact us for more C-store news. Jake Stammen 📞 (972) 755-5209 ✉️ Jake.Stammen@marcusmillichap.com Salim Bhaidani 📞 (817) 932-6136 ✉️Salim.Bhaidani@marcusmillichap.com Vincent Knipp 📞 (972) 755-5205 ✉️ Vincent.Knipp@marcusmillichap.com 👉 Click link for details: https://lnkd.in/g--Vb_XJ #NNN #retail #realestate #investment #investing #commercialrealestate #property #passiveincome #cre #investor #realestateinvesting #commercialproperty #netlease #retailrealestate #thestore #Cstore

Big Lots is struggling financially and plans to close up to 40 stores, potentially filing for Chapter 11 bankruptcy. Analysts believe their vacant locations might be leased quickly due to tight market conditions, though some sites in smaller markets may lag. Despite Big Lots' efforts to improve liquidity through lease renegotiations and sale-leaseback opportunities, their merchandising strategy is seen as weak. With significant competition and economic pressures, Big Lots faces substantial challenges in stabilizing its business. #CRE #RetailNews #BigLots #CommercialRealEstate #Aspire

Party City, the largest party supply retailer in America, is shuttering all of its stores after almost four decades in operation. Party City was reportedly mulling its second bankruptcy in two years as it faced dwindling cash reserves and stopped paying rent at some locations. Party City first exited bankruptcy in September. Financial recovery efforts were hamstrung by a debt load of more than $800M, sluggish sales, rising costs and a national helium shortage. The longstanding retailer going out of business is part of a larger national trend of retail closings. Roughly 7,100 store closures were announced nationwide through the end of November 2024. That number is up 69% from this time last year. #retailrealestate #commercialrealestate #Commercialrealestateadviser #commercialproperty #Houston

Friday Musings: Another chapter (or Chapter 11) in the Party City saga. Facing its second #bankruptcy in two years, the chain is battling some serious challenges: post-COVID headwinds, stiff competition from Walmart and Target, and a helium shortage that’s deflated more than just their balloons. While it’s never great to see a retailer struggle, it’s also a reminder of the sector's ever-changing dynamics. But with change comes opportunity. For landlords and brokers, the key question is: What happens to those 850+ locations? With #retail space at a premium, this could signal opportunities to reimagine these sites for new, dynamic tenants who can better weather today’s retail challenges. What types of tenants do you think will thrive in spaces like these? Does market matter? I'd love to hear your thoughts! RetailUnion #cre #retailcre #retailleasing

**🏢 Breaking: Big Lots Stores in Houston May Stay Open Following Sale Agreement** Big news for Houstonians! Big Lots stores, along with their distribution centers and intellectual property, may continue operating under a new agreement facilitated by Gordon Brothers Retail Partners. Despite previous concerns around potential closures, this deal marks a significant reprieve for one of Houston's prominent retail chains. What does this mean for our city's evolving real estate market? Retail spaces play a pivotal role in maintaining the balance between commercial activity and local employment opportunities, ensuring vibrant communities across Houston. Partnerships and sales like these not only keep businesses running but also stabilize commercial real estate demand. As the Houston real estate market continues to grow and adapt, opportunities abound for savvy investors, commercial property seekers, and local entrepreneurs. 📞 Are you curious about how changes in retail trends impact real estate opportunities? Whether you're exploring commercial spaces, residential properties, or investment options, **The Alam Group** is here to assist you every step of the way. 👉 Let's connect to discuss how we can turn your real estate goals into reality. Reach out today! #TheAlamGroup #tevasrealestategroup #HoustonRealEstate #BigLots #RetailMarket #CommercialRealEstate #InvestmentOpportunities #HoustonBusiness

🆕The retail sector in commercial real estate is facing mounting challenges, as several prominent retailers have recently filed for bankruptcy and announced large-scale store closures. How does this wave of store closures and bankruptcies within this segment of the retail sector impact the commercial real estate industry? Find out in our latest blog: https://hubs.li/Q02P_Jxm0 #Trepp #CommercialRealEstate #CRE #CRENews #CREMarket #Retail #Distress