Yext Signs a Lease Next to Google’s NYC Offices

(Bloomberg)—Brand-management firm Yext Inc. is doubling down on New York City with a shiny new headquarters in Manhattan’s Meatpacking District and plans to hire hundreds more employees. The…

Walmart Can Match Amazon's One-Day Delivery Pledge

(Bloomberg) -- Walmart Inc. could easily match Amazon.com Inc.’s one-day delivery gambit, according to an analyst who previously worked at the world’s largest retailer. “One day shipping…

10 Must Read Items for CRE Investors on April 26, 2019

The U.S. economy grew 3.2 percent in the first quarter, reports The New York Times. Amazon will spend $800 million to increase delivery speed to one day from two, heightening pressure on rival retailers, according to…

What Investors Need to Know About Cannabis Real Estate Deals

With 10 states plus the District of Columbia legalizing cannabis for recreational use and medical marijuana legal in another 23 states, cannabis sales are projected to grow from $10.8 billion today…

Activist Investors Want Bed Bath & Beyond to Sell Non-Core Assets

(Bloomberg)—The activist investors in Bed Bath & Beyond Inc. say the retailer could unlock about $1.9 billion of value if it were to hire a new chief executive officer, improve inventory and…

American Apparel Puts Flagship LA Store on Hold

(Bloomberg)—American Apparel may not be returning to brick-and-mortar after all -- at least not yet. Owner Gildan Activewear Inc. said its plan to open a flagship store in Los Angeles, announced…
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What’s the Long-Term Outlook for Outlet Centers?

The outlet center sector has been one of the few bright spots in the retail industry, which has been in upheaval with retail bankruptcies and store closures. Outlet centers boast brand-name retailers…
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An In-Depth Look at Real Estate Wholesaling

You’ve no doubt heard of wholesalers in the retail sector. But what about the real estate sector? Yes, wholesaling does happen in the real estate world, and its proponents hail it as an investment…

Norway’s Wealth Fund Invests in California Logistics Assets

(Bloomberg)—Norway’s sovereign wealth fund, the world’s largest, added to holdings of logistics buildings in the U.S. and Europe, betting against any escalation of the ongoing trade war. Norges…

10 Must Reads Items for CRE Investors on April 25, 2019

Presidential candidates are paying more attention to renters as a constituency, reports The New York Times. Industrial property manager GLP plans to go public, according to the Wall Street Journal. These are among today’s…