Net Lease Retail / Page 35

In recent years, shopping centers have combatted waned foot traffic and vacancies due to changing consumer shopping habits. Now, shopping centers are being forced to contend with another unwelcomed factor—COVID-19. Although the pandemic has already hit struggling retailers, some shopping centers are doing better than others, especially if they include a grocery store. As we […]

Last week the IRS issued guidance providing tax relief under the CARES Act for taxpayers with net operating losses. COVID Relief for taxpayers claiming NOLs Revenue Procedure 2020-24 (PDF) provides guidance to taxpayers with net operating losses that are carried back under the CARES Act by providing procedures for: waiving the carryback period in the case […]

Prior to the COVID-19 outbreak, the industrial market and economy was strong. The industrial transaction market boosted positive momentum, demand outweighed supply, and vacancy rates were at the lowest levels. Overall transaction activity had been up 18 percent from the peak of the last cycle, but COVID-19 presents a new kind of disruption to the […]

On March 27th, 2020 President Trump signed into law a historic $2 trillion stimulus package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act. This stimulus package will help jolt the sudden stop we’ve seen in economic activity in the U.S., reduce the risk of a larger decline in employment, and aid in a post-virus […]

With COVID-19 presenting some new challenges to the evolving retail industry; Shopping centers, restaurants, grocers, and other retailers are taking action to prevent the spread of the outbreak. These actions include temporarily closing, adjusting store hours, offering curbside pick-up, and encouraging online shopping. Many CRE experts have shared their concerns to business flow and progress […]

Events are quickly unfolding surrounding the COVID-19 outbreak, with a growing impact across the globe. As coronavirus pressures mount, firms have curtailed travel, schools have closed, and people are practicing social distancing. As a result, consumer spending has decreased as people stay home, thus causing a ripple effect throughout the economy and commercial real estate. […]

CoStar announced Macy’s would be reducing its mall and stand-alone locations to 15,000 square feet with curated merchandise to win back shoppers. In the Southlake, Texas location, where the primary age group of shoppers is 40 years old, Macy’s will offer the popular sold items as well as introduce locally crafted products for a neighborhood […]

Some media have reported that the restaurant industry is dying, as a health conscious demographic dominates the consumer category. Their supporting evidence refers to chain giants, such as Pizza Hut, closing down hundreds of locations. On the contrary, the National Restaurant Association’s 2019 State of Industry Report claims that the industry is to reach $863 […]

We’ve all heard the morbid opinions that ‘retail is dying,’ but not as much media coverage has been run for brick-and-mortar retail openings or the food options that are spearheading experiential retail. One market that has demonstrated immunity to retail disruption is Dallas-Fort Worth (DFW). With  429.6 million square feet of retail space, a booming […]