Metapack’s Post

Avison Young's Brent Glodowski (director in Tri-State investment sales group) and James Nelson (principal and head of Tri-State investment sales) weighed in with GlobeSt.com to explain why The Big Apple is standing out right now when it comes to retail. Interestingly, it all starts with strong office recovery since the pandemic, which is leading to a chain reaction. https://lnkd.in/gbmNJaK4

"The Manhattan market is finally showing signs of a comeback, with demand indicators improving for the first time since 2022. We saw a rise in both closings and signed contracts, and deals are moving faster—marketing times are the quickest they've been in over two years." - Pamela Liebman, Corcoran’s President & CEO Want to read the full third quarter Manhattan Market Report (and more insights)? 👀📊 You'll find them on our blog, Inhabit: https://bit.ly/4dtnp5G 👈

Apple has inked a deal to take over 61,000 square feet from Macy's at Vornado Realty Trust's 11 Pennsylvania Plaza, building up its office space to 460,000 square feet on the fourth through 14th floors. Read more: https://lnkd.in/ect2_rBE Pictured: Apple CEO Tim Cook

Apple has inked a deal to take over 61,000 square feet from Macy's at Vornado Realty Trust's 11 Pennsylvania Plaza, building up its office space to 460,000 square feet on the fourth through 14th floors. Read more: https://lnkd.in/ect2_rBE Pictured: Apple CEO Tim Cook

Blast from the past...but interesting lessons to be learned. In the late 1990s, Home Depot, a leading home improvement retailer from the United States, decided to expand into the Latin American market, with particular focus on Chile and Argentina. This move was part of a broader strategy to tap into emerging markets. However, by the early 2000s, Home Depot decided to exit both markets. The venture into these countries provides valuable lessons on the complexities of international expansion, especially in regions with distinct cultural and economic environments. #export #internationalbusiness Key Lessons: #LocalCulture, #LocalCompetition, #SupplyChainChallenges, and #MarketDifferences. Photo Credit: Home Depot Argentina Facebook Group, Adobe Photo Stock

Office real estate isn't dead; it's on the brink of a bold transformation! For help transitioning to the new normal, #office real estate pros are contacting the #retail sector, which has “written the playbook on how to navigate the digital and physical divide,” said Meghann Martindale. Flexible work schedules have given consumers more spending power. The significant shifts in commuter habits open new doors for retailers to attract and engage fresh audiences. ICSC has the latest on retail trends: https://lnkd.in/eRSV-nfE #AYretail #AYdifference

One man's empty retail box is another man's new concept opportunity. With Big Lots saying 'Big Goodbyes' to stores across the country, it's time to think about what fresh, exciting tenants could take their place. Whether you're reimagining these spaces for the next big thing or simply finding a deal, here's a head start for you... Check out the link below for a KML file and a CSV sheet of all the Big Lots closures. Free real estate intel—because who doesn't love that? https://lnkd.in/g8p4z49F

📍 Richmond, TX – The future is here, and we’re building it. Candela Retail Development 506(c) isn’t just another investment; it’s an opportunity to be part of a community-driven development that adds real value to its surroundings. 💡 What makes Candela stand out? A 21% projected IRR, designed to deliver strong returns. An Equity Multiple of 1.6x, offering investors real growth. A 7% preferred return, putting your money to work efficiently. But there’s more to this than numbers—Candela is about bringing people together, creating spaces where connections are fostered, and businesses thrive. Join us for our LIVE Webinar on December 2, where we’ll break down the vision, numbers, and opportunities for accredited investors ready to take the next step. 💼 Great investments don’t wait—be there. 🔗 https://lnkd.in/dfY7uSvD Shahriar Khan Michael Bailey Sanjay Aggarwal K. Trevor Thompson Brenda Avendano Candius Stearns Jazmin Salinas Maria Marks (Biasi)

White & Case LLP has advised the Caisse des Dépôts on the acquisition from Unibail-Rodamco-Westfield of a minority stake in Westfield Forum des Halles shopping center, a 77,600 square meters flagship shopping center in the heart of Paris. Read more. https://ow.ly/o1yC50UBPiO #whitecase

Unlocking the Secrets of Retail Success: Real estate isn't just a cost; it's the cornerstone of physical retailers. 🔑✨ The timeless wisdom of 'location, location, location' speaks volumes about the vital role it plays in shaping business success. 🏬💼 #theownlife #WealthThroughRealEstate #RetailStrategy #LocationMatters #BusinessSuccess