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Sale Begins for Real Estate Assets from Bankrupt 99 Cents Only Stores

Sale Begins for Real Estate Assets from Bankrupt 99 Cents Only Stores

by Phil Hall | Apr 15, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Hilco Real Estate LLC and Jefferies LLC are managing the sale of the 377 real estate assets that are part of the bankruptcy Chapter 11 filing of 99 Cents Only Stores LLC. The sale includes 44 owned and 333 leased properties across Arizona, California, Nevada and...
A Phil Hall Op-Ed: Should Organized Retail Crime Be Called Domestic Terrorism?

A Phil Hall Op-Ed: Should Organized Retail Crime Be Called Domestic Terrorism?

by Phil Hall | Oct 2, 2023 | A Phil Hall Op-Ed, Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: Last week was a dismal period for the retail sector, with two stories that highlighted an out-of-control danger that is not being addressed at a federal level. One story involved Target Corp. (NYSE:TGT), which announced it was closing nine stores...
Marcus & Millichap Partners with Good Earth Coffeehouse on Real Estate Expansion

Marcus & Millichap Partners with Good Earth Coffeehouse on Real Estate Expansion

by Phil Hall | Sep 29, 2023 | Commercial Real Estate News, Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Good Earth Cafes Ltd., the parent company of the Good Earth Coffeehouse chain, has announced a strategic partnership with the commercial real estate brokerage Marcus & Millichap (NYSE: MMI) to strengthen and expand the brand in Canada. Good Earth said it was...
Demand for Retail Space Up by 21 Million SF in First Half of Year

Demand for Retail Space Up by 21 Million SF in First Half of Year

by Phil Hall | Aug 9, 2023 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The first six months of this year have been very good to the brick-and-mortar retail sector, according to new data from CoStar Group. Demand for retail space increased by 21 million square feet in the first half of 2023. Despite a lethargic economy, CoStar found...

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