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Retail leasing in 2022: Seismic shift or same-same?

Inside Retail

MARCH 28, 2022

Pre-pandemic, the power balance in retail leasing sat very much in the landlord’s favour. Retailers and industry bodies had been calling out for a major reset for years, as rents continued to escalate, out of step with modest growth in many categories. If there was ever a ‘great reset’ event, gosh did we get it.

Finance

Finance Marketing Management

Revised leasing code of conduct splits landlords, retailers

Inside Retail

AUGUST 15, 2021

As called for by several industry associations in recent weeks the NSW Government has reinstated the Leasing Code of Conduct in order to further protect businesses from the difficulties of an ever-extending lockdown, with premier Gladys Berejiklian now hinting the state could remain locked down until at least November.

Shopping

Shopping ATS

Retail leasing market stabilises as Covid impact wanes

Inside Retail

APRIL 19, 2022

As domestic and international travel resumes and operating conditions normalise, Australia’s retail-leasing market is projected to see stable growth after recording steady trading during the first quarter of this year, according to Colliers. . In particular, national-level average gross face rents increased by 1.3

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Majura Park offers prime leasing opportunity for large-format retailers

Inside Retail

JUNE 20, 2023

National large-format retail operators seeking a prime location in the heart of Canberra will find a premium opportunity awaiting them within the Majura Park precinct – the ACT’s most convenient shopping destination, adjacent to the bustling Canberra Airport.

Payment Services

Payment Services Location Boutique Supermarket

Amazon’s New Leased Retail Space in Washington Is Complete

Retail Wire

MARCH 27, 2024

The latest addition to downtown Bellevue, Washington, is Vulcan Real Estate’s West Main project, leased by Amazon.

Uptick in major Manhattan retail leases point to a recovery

Retail Wire

JANUARY 17, 2023

NYC realtors who have been looking for signs that the plague of retail vacancies might be coming to an end took solace in a new report from CBRE showing a slight decline in available space and a 1.2 percent increase in lease values. In particular, the apparel sector faired well, leading leasing volume with over 546,000 square feet.

Apparel

Four New Retail Tenants Sign Leases at CITYCENTRE in Houston

Shopping Center

MAY 2, 2024

Houston — Four new tenants have signed leases at CITYCENTRE, a 47-acre mixed-use property located in Houston. Star Cinema Grill opened at the center last month, in a space formerly occupied… The post Four New Retail Tenants Sign Leases at CITYCENTRE in Houston appeared first on Shopping Center Business.

ATS

ATS Location Shopping

Three Retail Tenants Sign Leases at Ala Moana Center in Hawaii

Shopping Center

APRIL 26, 2024

Honolulu — Three new retail tenants have signed leases at Ala Moana Center, a 2.4 Footwear and apparel concept HOKA and watch retailer Panerai are… The post Three Retail Tenants Sign Leases at Ala Moana Center in Hawaii appeared first on Shopping Center Business.

ATS

ATS Apparel Location Shopping

Cheaper leases have restaurants and retailers taking new spaces in Manhattan

Retail Wire

JULY 15, 2021

Restaurant chains signed 23 new lease deals in Manhattan during the second quarter and retailers agreed on 10 others as lower rents are being offered by landlords trying to attract commercial tenants following the damage done to their businesses last year by the novel coronavirus pandemic. Restaurants are busy right now. Super busy.

Real Estate Institute of NSW calls for retail leases to be standardised

Inside Retail

APRIL 6, 2021

The Retail Estate Institute of NSW has made a submission to the state’s Small Business Commissioner calling for a government-prescribed standard retail lease which would enable new businesses to get up and running faster, and could help retailers save thousands of dollars a year.

ATS

Aldi Secures 20-Year Lease at Fulham Broadway Retail Centre

365 Retail

FEBRUARY 7, 2024

CBRE Investment Management has recently welcomed Aldi to the Fulham Broadway Retail Centre, marking a significant addition to the shopping and leisure destination. Aldi is expected to inaugurate its new store later this year, further diversifying the centre’s retail offerings.

ATS

ATS Supermarket Management Shopping

Retail Tenants Sign Leases Totaling 120,000 Square Feet at Babcock Ranch Project in South Florida

Shopping Center

NOVEMBER 14, 2023

Retail tenants have signed leases totaling more than 120,000 square feet at Babcock Ranch, a solar-powered mixed-use community currently underway in South Florida. Babcock Ranch, Fla.

ATS

ATS Shopping

Two Retail Tenants Sign Leases at Oakhurst Commons in Charlotte, North Carolina

Shopping Center

MARCH 13, 2024

Two retail tenants have signed leases at Oakhurst Commons, a 135,000-square-foot mixed-use development in Charlotte. Ilios Crafted… The post Two Retail Tenants Sign Leases at Oakhurst Commons in Charlotte, North Carolina appeared first on Shopping Center Business. Charlotte, N.C. —

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Private Investor Buys Two IHOP Net-Leased Retail Properties in Southern California

Shopping Center

MARCH 18, 2024

A private investor has acquired two retail properties in southern California for a total $6.8 IHOP occupies both properties, which are located in Lancaster and… The post Private Investor Buys Two IHOP Net-Leased Retail Properties in Southern California appeared first on Shopping Center Business.

Location

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Retailers and landlords negotiate leases based on new realities

Retail Wire

JUNE 16, 2021

Retailers and landlords worked out leases that included lower monthly rent payments plus a percentage of sales in response to new realities created by the outbreak of the novel coronavirus in 2020. Parties are engaging in more of these types of leases as the economy reopens and the threat from the pandemic wanes.

LumberjAXE Signs 5,013-Square-Foot Lease at Retail Center in Metro Indianapolis

Shopping Center

DECEMBER 14, 2023

. — Axe-throwing entertainment concept LumberjAXE has signed a 5,013-square-foot lease at The Shops at Perry Crossing, a retail center located in Plainfield, roughly 20 miles outside Indianapolis.

ATS

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Newmark Arranges Sale of Metro Raleigh Retail Property Net Leased to KinderCare

Shopping Center

JUNE 10, 2022

. — Newmark has arranged the sale of an 11,400-square-foot retail property located at 932 Heather Park Drive in Garner, approximately seven miles south of Raleigh.

Location

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Amazon, Costco and other retailers buy warehouses instead of leasing

Retail Wire

OCTOBER 27, 2021

Amazon.com, Costco, Dollar General, Kroger, Target and Walmart have chosen to buy warehouse space rather than leasing after determining that doing so will save them money over the long haul while giving them a greater degree of control over how they store and distribute online orders.

Three Retail Tenants Sign Leases at Century Town Center in Doral, Florida

Shopping Center

OCTOBER 30, 2023

Three new tenants have signed leases at Century Town Center, a mixed-use property in Doral. My Salon Suites, Rumble Boxing and Kidstrong will occupy 5,910; 2,541; and 2,734… The post Three Retail Tenants Sign Leases at Century Town Center in Doral, Florida appeared first on Shopping Center Business. Doral, Fla.

ATS

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Apparel retailers dominate prime corridor leasing: report

Retail Dive

DECEMBER 7, 2023

Athleisure brands in particular are leading the way this year, with Lululemon and Vuori opening stores in popular shopping districts.

Apparel

Apparel Shopping

First Round of Retail Tenants Sign Leases at Nora Development in Florida

Shopping Center

SEPTEMBER 21, 2023

The first round of retail and restaurant tenants have signed leases to join the commercial district at Nora, a mixed-use development underway in downtown West Palm… The post First Round of Retail Tenants Sign Leases at Nora Development in Florida appeared first on Shopping Center Business. West Palm Beach, Fla. —

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Three Tenants Sign Leases Totaling 9,200 Square Feet at Retail Center in Long Beach, California

Shopping Center

DECEMBER 13, 2023

Three new tenants have signed leases totaling 9,200 square feet at 2ND & PCH, a retail center located in Long Beach. Rumble Boxing is scheduled to open a… The post Three Tenants Sign Leases Totaling 9,200 Square Feet at Retail Center in Long Beach, California appeared first on Shopping Center Business.

ATS

ATS Location Shopping

Warby Parker Signs 2,200-Square-Foot Lease at Retail Center in Viera, Florida

Shopping Center

OCTOBER 10, 2023

Eyewear brand Warby Paker has signed a 2,200-square-foot lease at The Avenue Viera, a retail center in Viera. 14, this will mark the 16th… The post Warby Parker Signs 2,200-Square-Foot Lease at Retail Center in Viera, Florida appeared first on Shopping Center Business. Viera, Fla. Scheduled to open Oct.

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JLL Arranges 392-Square-Foot Retail Lease in West Hollywood, California

Shopping Center

JUNE 26, 2023

JLL has arranged a 392-square-foot lease at a retail property in West Hollywood. European home fragrance and décor brand Baobab Collection will occupy the space, marking the… The post JLL Arranges 392-Square-Foot Retail Lease in West Hollywood, California appeared first on Shopping Center Business.

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Shopping ATS

FitStop24 Signs 3,422-Square-Foot Retail Lease in Paw Paw, Michigan

Shopping Center

APRIL 11, 2023

Fitness concept FitStop24 has signed a 3,422-square-foot retail lease in Paw Paw. Bloom City Club Cannabis leases the other half of the building, which is located on Red Arrow Highway. Paw Paw, Mich.

Location

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Necessity Retail REIT Sells 44 Bob Evans-Leased Properties for $93 Million

Shopping Center

JULY 6, 2023

New York City — The Necessity Retail REIT Inc. RTL) has completed the sale of 44 properties leased to Bob Evans restaurants for a total $93 million. The restaurants are located… The post Necessity Retail REIT Sells 44 Bob Evans-Leased Properties for $93 Million appeared first on Shopping Center Business.

Location

Location Shopping

Home Depot Signs 35,840-Square-Foot Retail Lease Renewal in Arlington

Shopping Center

FEBRUARY 16, 2023

. — The Home Depot has signed a 35,840-square-foot retail lease renewal at Cooper Street Plaza in Arlington. Amant of Hartman Income REIT represented the landlord, Silver Star Properties REIT, in the lease negotiations.

Shopping

Shopping ATS

Azarian Realty Negotiates 9,746-Square-Foot Retail Lease in North Brunswick, New Jersey

Shopping Center

MAY 17, 2023

has negotiated a 9,746-square-foot retail lease at The Shoppes at North Brunswick in Northern New Jersey. Kevin Pelio of Azarian represented the undisclosed landlord in the lease negotiations. . — Azarian Realty Co.

Shopping

Shopping ATS

Four Retailers Sign Leases Totaling 3,087 Square Feet at Fox Valley Mall in Metro Chicago

Shopping Center

NOVEMBER 29, 2023

Four new retailers will join Fox Valley Mall, a three-story shopping center located in Aurora, approximately 40 miles outside Chicago. NY Designer Rack has opened a 3,187-square-foot store… The post Four Retailers Sign Leases Totaling 3,087 Square Feet at Fox Valley Mall in Metro Chicago appeared first on Shopping Center Business.

ATS

ATS Location Shopping

Student influx driving surge in demand for Melbourne strip retail space

Inside Retail

OCTOBER 10, 2023

The recent influx of international students has attracted many Asian hospitality operators towards Melbourne CBD’s northern precinct, according to specialist property company The Leasing Agency. This reflects a strong level of confidence in the market, similar to that prior to the Covid pandemic, said Terence Yeh, MD of The Leasing Agency. “As

Marketing

Marketing Planning

Frasers Group signs significant retail leases with British Land

Retail Times

AUGUST 11, 2023

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Retail Times - Retail news, reports, analysis & comment

Big Discount Lot Signs 8,000-Square-Foot Retail Lease in Metro Detroit

Shopping Center

FEBRUARY 14, 2023

Liquidation sales retailer Big Discount Lot has signed an 8,000-square-foot retail lease at Pickwick Plaza in Warren, a northern suburb of Detroit. … The post Big Discount Lot Signs 8,000-Square-Foot Retail Lease in Metro Detroit appeared first on Shopping Center Business. Warren, Mich.

Shopping

Shopping ATS

Global Net Lease to Acquire Necessity Retail REIT, Creating $9.6 Billion Shopping Center Company

Shopping Center

MAY 26, 2023

New York City — Global Net Lease (NYSE: GNL) and The Necessity Retail REIT (NASDAQ: RTL) have entered into a merger agreement under which GNL will acquire RTL in an all-stock… The post Global Net Lease to Acquire Necessity Retail REIT, Creating $9.6

Shopping

Hobby Lobby Signs 58,952-Square-Foot Retail Lease in Eastern New Jersey

Shopping Center

JANUARY 23, 2023

. — Hobby Lobby has signed a 58,952-square-foot lease at Neptune Plaza Shopping Center in coastal New Jersey. The Oklahoma-based retailer will backfill a space previously occupied by HomeGoods and Marshalls. Kevin Pelio of Azarian Realty Co.

Shopping

Shopping ATS

Terra Alma Begins Leasing 11,000 Square Feet of Retail Space at EmmaJames at Savannah Harbor

Shopping Center

SEPTEMBER 5, 2023

Terra Alma has begun leasing the retail space at a master-planned development currently underway in Savannah. Savannah, Ga.

ATS

ATS Planning Shopping

LanCarte Commercial Arranges Leases Totaling 19,745 Square Feet at Retail Center in Fort Worth, Texas

Shopping Center

MAY 10, 2023

Fort Worth, Texas — LanCarte Commerical has arranged leases totaling 19,745 square feet at The Westcliff Shopping Center, a retail center located in Fort Worth.

Jewelry

Jewelry ATS Location Shopping

Marcus & Millichap Brokers $4.5 Million Sale of CVS-Leased Retail Property in Sarasota, Florida

Shopping Center

MARCH 28, 2023

million sale of a 10,378-square-foot retail property located in Sarasota. CVS/pharmacy occupies the building on a net-lease basis. Million Sale of CVS-Leased Retail Property in Sarasota, Florida appeared first on Shopping Center Business. . — Marcus & Millichap has brokered the $4.5

Location

Location Shopping

Vicinity sells Perth shopping centre for $107 million

Inside Retail

APRIL 14, 2024

Currently, the shopping centre is home to key tenants including Woolworths, Coles, and Kmart, with an average weighted lease expiry of longer than eight years and it has a $207 million in moving average turnover. Fund-raising documents seen by investors show that Coles is in discussions to lease for another 10 years. million, at a 5.9

Shopping

Shopping Marketing ATS

PREIT Sells Retail Property Leased to Whole Foods in Metro Philadelphia for $27 Million

Shopping Center

FEBRUARY 14, 2023

. — Pennsylvania Real Estate Investment Trust (PREIT) has sold a retail property leased to Whole Foods Market in Plymouth Meeting, a northwestern suburb of Philadelphia, for $27 million.

Location

Location Shopping Marketing

Adidas Signs 30,639-Square-Foot Retail Lease Renewal at 610 Broadway in Manhattan

Shopping Center

DECEMBER 8, 2022

Adidas has signed a 30,639-square-foot retail lease renewal for its flagship store at 610 Broadway in Manhattan’s SoHo neighborhood. The six-story building… The post Adidas Signs 30,639-Square-Foot Retail Lease Renewal at 610 Broadway in Manhattan appeared first on Shopping Center Business. New York, N.Y.

ATS

ATS Shopping

Know thy customer: 3 actionable customer insights retailers can get from a lease-to-own partner

Retail Dive

DECEMBER 13, 2021

Data retailers can use lease-to-own data to attract and connect with a whole new customer base.

Even as Footfall Increases, Store Footprints are Shrinking

Retail TouchPoints

AUGUST 15, 2022

Following several years of pandemic-driven declines, shoppers are eagerly returning to stores, and that enthusiasm is being echoed in a new upswing in store openings and lease signings. The company said it has signed 2,200+ leases for more than 7 million square feet in the first half of the year and that nearly 40% of that was new deals.

Payment Services

Payment Services Returns Consumer Accounting

GPE signs The Fragrance Shop, completing the retail leasing at 70/88 Oxford Street, W1

A1 Retail

APRIL 4, 2023

GPE announces that The Fragrance Shop has signed a lease for their new global store concept in London at 70/88 Oxford Street, completing the leasing at the development. The brand will occupy Unit 2, the final retail unit at 70/88 Oxford Street, spanning 2,300 sq ft and benefiting from a prominent eight metre double-height frontage.

Shopping

Shopping ATS Location Management

The smell of success: Redical’s Victoria Leeds welcomes Le Labo’s regional debut

Retail Focus

MAY 10, 2024

With an international presence, stretching from the US to Asia and Europe, La Labo continues to focus its expansion on premium retail destinations, with Victoria Leeds’ debut signing joining its existing portfolio of UK boutiques and luxury concessions.

Boutique

Boutique Management ATS

Retail leasing in 2022: Seismic shift or same-same?

Revised leasing code of conduct splits landlords, retailers

Webinars

Trending Sources

Retail leasing market stabilises as Covid impact wanes

Webinars

Majura Park offers prime leasing opportunity for large-format retailers

Amazon’s New Leased Retail Space in Washington Is Complete

Uptick in major Manhattan retail leases point to a recovery

Four New Retail Tenants Sign Leases at CITYCENTRE in Houston

Three Retail Tenants Sign Leases at Ala Moana Center in Hawaii

Cheaper leases have restaurants and retailers taking new spaces in Manhattan

Real Estate Institute of NSW calls for retail leases to be standardised

Aldi Secures 20-Year Lease at Fulham Broadway Retail Centre

Retail Tenants Sign Leases Totaling 120,000 Square Feet at Babcock Ranch Project in South Florida

Two Retail Tenants Sign Leases at Oakhurst Commons in Charlotte, North Carolina

Private Investor Buys Two IHOP Net-Leased Retail Properties in Southern California

Retailers and landlords negotiate leases based on new realities

LumberjAXE Signs 5,013-Square-Foot Lease at Retail Center in Metro Indianapolis

Newmark Arranges Sale of Metro Raleigh Retail Property Net Leased to KinderCare

Amazon, Costco and other retailers buy warehouses instead of leasing

Three Retail Tenants Sign Leases at Century Town Center in Doral, Florida

Apparel retailers dominate prime corridor leasing: report

First Round of Retail Tenants Sign Leases at Nora Development in Florida

Three Tenants Sign Leases Totaling 9,200 Square Feet at Retail Center in Long Beach, California

Warby Parker Signs 2,200-Square-Foot Lease at Retail Center in Viera, Florida

JLL Arranges 392-Square-Foot Retail Lease in West Hollywood, California

FitStop24 Signs 3,422-Square-Foot Retail Lease in Paw Paw, Michigan

Necessity Retail REIT Sells 44 Bob Evans-Leased Properties for $93 Million

Home Depot Signs 35,840-Square-Foot Retail Lease Renewal in Arlington

Azarian Realty Negotiates 9,746-Square-Foot Retail Lease in North Brunswick, New Jersey

Four Retailers Sign Leases Totaling 3,087 Square Feet at Fox Valley Mall in Metro Chicago

Student influx driving surge in demand for Melbourne strip retail space

Frasers Group signs significant retail leases with British Land

Big Discount Lot Signs 8,000-Square-Foot Retail Lease in Metro Detroit

Global Net Lease to Acquire Necessity Retail REIT, Creating $9.6 Billion Shopping Center Company

Hobby Lobby Signs 58,952-Square-Foot Retail Lease in Eastern New Jersey

Terra Alma Begins Leasing 11,000 Square Feet of Retail Space at EmmaJames at Savannah Harbor

LanCarte Commercial Arranges Leases Totaling 19,745 Square Feet at Retail Center in Fort Worth, Texas

Marcus & Millichap Brokers $4.5 Million Sale of CVS-Leased Retail Property in Sarasota, Florida

Vicinity sells Perth shopping centre for $107 million

PREIT Sells Retail Property Leased to Whole Foods in Metro Philadelphia for $27 Million

Adidas Signs 30,639-Square-Foot Retail Lease Renewal at 610 Broadway in Manhattan

Know thy customer: 3 actionable customer insights retailers can get from a lease-to-own partner

Even as Footfall Increases, Store Footprints are Shrinking

GPE signs The Fragrance Shop, completing the retail leasing at 70/88 Oxford Street, W1

The smell of success: Redical’s Victoria Leeds welcomes Le Labo’s regional debut

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