Water Tower Place, the mixed-use development consisting of 758,000-square-foot shopping mall in a 74-story skyscraper on Chicago’s Magnificent Mile, announced plans for a $170 million redevelopment. The property, which first opened in 1976, will be reconfigured with a...
Retail asking rent growth slowed to 1.9% year-over-year during the first quarter, extending a downward trend that started in 2024. According to a data analysis from CoStar Group (NASDAQ: CSGP), several Sun Belt markets that led rent growth earlier in the cycle –...
A&G Real Estate Partners announced that it is seeking offers for a mix of Walgreens store leases and fee-owned properties nationwide. The offering features existing leaseholds for 60 retail freestanding, central business district, end cap and inline locations...
Retail construction activity declined during the first quarter of 2026, according to new data from CoStar Group (NASDAQ: CSGP). During the first three months of the year, approximately 64.2 million square feet of retail space was under construction. This is down from...
Wayfair Inc. (NYSE: W) has announced plans to open its first large-format store in Florida. The new store will be located at the Galleria Fort Lauderdale and is slated to open in late 2027. The store will span approximately 94,000 square feet across two levels, and...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
