JLL has secured the sale of Hillside Town Center, a 160,330-square-foot open-air retail center located in Hillside, Illinois, within the Chicago MSA. Read more: https://lnkd.in/eHWxeHFQ Hutensky Capital Partners, Edgemark Michael Nieder, Brian Page #CRE #CREnews #Retail
JLL sells Hillside Town Center in Illinois for $34.5M
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Calgary’s retail market has seen robust growth in 2025 and Cushman & Wakefield’s Ryan Rutherford will be taking part in an insightful session titled, From The Bay to Boom: Calgary’s Retail Reinvention at the Calgary Real Estate Forum. This discussion will explore how new formats, tenants, and consumer trends are reshaping the city’s retail scene. #CalgaryRealEstateForum #CRE #RetailMarket #CushmanWakefield #BetterNeverSettles
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San Diego’s Retail Pipeline: 560K SF Under Construction More than 560,000 square feet of new retail space is currently under development in San Diego, reflecting continued confidence in the market’s long-term fundamentals. Developers are focusing on lifestyle centers, food-and-beverage clusters, and medical retail — formats that align with evolving consumer and tenant demand. Meanwhile, mixed-use entitlements are emerging as a key value driver, creating opportunities for more dynamic and experience-oriented projects. 🏗️ San Diego’s next wave of retail development is all about connection, convenience, and community. 🔗 Learn more here: https://lnkd.in/gnCZCD3s #SanDiego #RetailRealEstate #CRE #Development #MixedUse #RetailTrends #CommercialRealEstate #Leasing
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Grant Gary discusses his firm's strategy for unlocking value in retail power centers, typically located in secondary markets. These properties, ranging from 200,000 to 300,000 square feet, are often the dominant shopping centers in their respective areas and are not solely reliant on a single employer. The core of their strategy is to capitalize on a market that, while growing, still presents value-add opportunities. These opportunities include: Replacing/Adding Anchor Tenants: Bringing in new, strong tenants to increase the center's appeal and value. Developing Outparcels: Utilizing excess land, often created by outdated parking ratios (which were set high years ago), for new developments. The original centers were designed to be parked at a rate like "five per thousand per store," and never factored in cross-parking, leaving significant excess space that can now be developed. Grant emphasizes that the key to success in these ventures is built on history and strong, long-term relationships with tenants developed over 40+ years, allowing them to effectively execute on these complex opportunities. #CommercialRealEstate #RetailRealEstate #PowerCenterInvesting #ValueAddCRE #RealEstateDevelopment #ShoppingCenters #CREStrategy
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Coinciding with the launch of our large format retail precinct in Ellenbrook over the weekend, our CEO Nigel Satterley sat down with The Australian Financial Review's Michael Bleby to talk about our expansion and diversification into commercial real estate, currently underway. “Conservatively now we’ve got $500-$600 million of these assets under our control,” Satterley told The Australian Financial Review . “We’ve got an immediate pipeline for a further $500 million and we believe that we would have the potential, on an annual basis if we can get the sites, to develop at a rate of $750 million-$1 billion per year.” “We will develop neighbourhood shopping centres, convenience stores, day care centres, large format retail – where we’ve been quite successful – then we’ll be in a position to buy existing assets that come on the market.”
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The new supply of retail projects in the first 9 months of the year exceeded the level recorded in the entire 2024, as 2025 is shaping up to be the second most prolific year over the past decade in terms of new retail space deliveries, according to a report released by the Cushman & Wakefield | Echinox real estate consultancy company. Developers completed 186,000 sq. m of new retail spaces in the Q1 – Q3 period, compared with 180,000 sq. m delivered across the entire 2024. Moreover, an extra 30,000 sq. m are due to be delivered by the end of the year, resulting in a total annual supply of approximately 217,000 sq. m. https://lnkd.in/du3BRW-B
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Pineloch Management Corporation recently broke ground on a multi-tenant lot planned for a retail development located at the intersection of Old Highway 50 and North Hancock Road in Clermont. https://lnkd.in/etf2f_rf
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Retail Division | October Report Miami’s retail market is entering a phase of cautious stability following several years of expansion. Vacancy has edged slightly higher to 3.1%, while rents have leveled off near $49 per square foot—a sign of balance between tenant demand and limited new supply. Despite slower population growth, tourism and consumer spending continue to sustain strong retail performance across Miami-Dade. This month’s investment spotlight highlights County Square Shopping Center in Northeast Dade, a fully leased property offering value-add potential through rental increases and tenant renewals. With a prime location near major traffic corridors, it demonstrates how well-positioned assets continue to deliver long-term value in a competitive retail landscape. #USFRealEstate #USFMumaCollegeOfBusiness #RetailRealEstate #CommercialRealEstate #CRE #MiamiRetail #MarketReport #RealEstateInvesting #USF #RealEstateSociety #RetailDivision #SouthFloridaRealEstate
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SOUTH FLORIDA CRE: CBRE Facilitates Sale Of Wilton Station Shops In Wilton Manors The retail property traded for $325 per square foot. Read more at https://lnkd.in/g_HwtKHz #retail #southfloridacre #southfloridarealestate #commercialrealestate #realestate #cre
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Retail absorption in Orlando may be hindered by space #availability, but it's not deterring retailers and restaurants seeking space in the market. Household growth in the past five years totals 15%, and that continues to attract new-to-market tenants, and those in #expansion mode. For this latest story, I spoke with Rebekah Marrero of Atrium Commercial Real Estate and Jason Kaiser, CCIM of SRS Real Estate Partners in Orlando to better understand the deal landscape, and how it is impacting rent growth. Tight vacancies in high barrier to entry markets are prompting tenants to move forward on any viable space that becomes available but getting deals to pencil remains a hurdle. To learn more, CoStar subscribers can read on for the full story.
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I came across this analysis which surprised me as I hadn't spotted it. Magnet Kitchens: Restructuring to Adapt and Survive Magnet Kitchens, a well-known UK kitchen retailer, is currently undergoing significant restructuring to navigate a challenging retail landscape. This includes closing underperforming showrooms and reducing the total number of physical stores across the country. Key points: Store Closures: Magnet has permanently closed several locations, including the Mansfield, Stockport, Aberdeen, Scarborough, Peterborough, Stoke showrooms as part of a broader plan to build a more efficient store network. Shift in Focus: The company is moving towards a smaller number of strategically located stores, focusing more on perhaps trade customers and online sales rather than maintaining a widespread showroom presence. Market Challenges: This restructuring responds to evolving consumer habits, increased competition from online and specialist retailers, and rising operational costs. Survival Strategy: By consolidating their physical footprint, Magnet aims to improve profitability and long-term sustainability in a highly competitive market. This approach reflects a pragmatic attempt to adapt the business model, maintaining relevance and financial health amid significant industry changes.
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