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PRESS RELEASE: Prime Third Avenue Retail Corner Development Site Hits The Market

2013-08-22 18:32:00| National Real Estate Investor

Melanie Keenan A 30,000-square-foot development site, improved by a two-story 11,896-sq.-ft. retail building occupied by Rent-A-Center until 2015, is on the market for sale through Eastern Consolidated priced at $5.9 million. read more

Tags: site development press market

 

Ackman Giving Up on Retail?

2013-08-22 18:06:00| National Real Estate Investor

Hedge fund manager acknowledges retail has not been his "strong suit." TrafficCourt read more

Tags: giving retail ackman

 
 

Time to Buy Retail Properties?

2013-08-22 17:18:00| National Real Estate Investor

Michael Bull The retail sector may have lagged behind its commercial real estate cousins during the economic recovery, but that is changing. In fact, with just shy of $10 billion in retail property investment sales in first quarter 2013, it would appear that happy days are near again. read more

Tags: time buy properties retail

 

New Yorks Retail Rents the Second Most Expensive in the World, Study Says

2013-08-22 17:05:00| National Real Estate Investor

Hong Kong is holding on to its title as the worlds most expensive city for retail rents, according to the second quarter report from real estate services firm CBRE. CBRE estimates rents in the city average $4,328 per sq. ft. per year29.5 percent above runner-up, New York. read more

Tags: the world study says

 

Retail Cap Rates Fall to Lowest Level in Several Years

2013-08-22 16:59:00| National Real Estate Investor

In spite of market volatility created by interest rate increases in late spring, average retail cap rates continued to trend down in the second quarter. read more

Tags: years level rates fall

 

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