What conclusions can we draw from the increasing vacancy rates in prime NYC retail real estate? Something we’ve seen many times before, only to be followed by the climb in rents to stratospheric levels?
Manubens Lawyers had a successful 3 days this year at MIPIM, the world’s leading property market. Every year, international property players descend to MIPIM to engage with professionals from the real estate world.
Meal kits are a multi-billion per year business that is poised to eat into traditional retail food services. Meal kits are projected to rise to about $3 to $5 billion in market share in the next 10 years.
We know that public shopping centers have been around since the days of the Roman Empire, if not before. As we heard at this month’s ICSC OAC conference in Miami, the industry is seeing a return to days long ago.