Retail Commercial Real Estate Blog

Expanding Retailers in Utah

As Utah’s population speedily increases, the demand for more retail increases. Utah is currently experiencing exponential growth and retailers are expanding to multiple locations in 2021.  Utah has continually and rapidly grown in population size. According to data collected from the Census, Utah has the highest growth percentage for population in the nation. Tech industries […]

Utilizing an Open Space Concept as a Leasing Agent

Open outdoor space integrated among retail has become a highly sought after luxury during the COVID-19 pandemic, while requiring ample amount of open space for social distancing. Though we may be on the tail end of the pandemic, the commodity of open outdoor space in shopping centers will be a desirable trend moving forward and […]

Expanding retailers in Arizona

With economic recovery as a nation in a constant state of rise and fall, some retailers are finding growth in a time filled with uncertainty.  For some retailers, economic relief and recovery will not come in time, but for others, it will bolster their expanding businesses. One of those places includes Arizona, with a population […]

5 Marijuana Retailers Changing the Face of Cannabis

Medical marijuana is now legal in 36 states, and recreational use is legal in 15 (plus D.C.). The legal cannabis market is expected to exceed $73 billion by 2027, and the mood across the country has irrevocably shifted in how cannabis is viewed and used. Most notably are the cannabis dispensaries and retailers popping up […]

Top Expanding Celebrity Chef Restaurants

A certain type of chef has always run with the rich and famous, but food turned entertainment has made way for celebrity chefs to become household names. As they build their empires, celebrity chefs are tapping into trends and pleasing fans with the opening of affordable restaurants. Here are 5 options to consider bringing to […]

Expanding Retailers in New Mexico

Retailers in New Mexico have dealt with a whirlwind as they struggle to maintain a sense of normalcy during the pandemic. Bordered by Texas and Oklahoma, New Mexico is the 36th largest state by population with 2.35 million residents, projecting to hit the 2.5 million mark by 2025. And primed for unique retail expansion. Top […]

Small format Bloomingdale's called Bloomies" to Open Fall 2021"

Macy’s owned Bloomingdales has announced they are experimenting with smaller format stores called “Bloomies.” With a footprint less than 22,000 square feet, the first will open in Fairfax, VA this fall.  A spokesperson for Bloomingdales said, "'Bloomie's' [will bring] the energy, discovery, and fun of Bloomingdale's to a smaller, highly edited and service-driven location." This […]

Five Below Plans Expansion Following Successful Holiday Season

Following a successful holiday season, the retailer has plans to expand with 170 locations.Five Below has announced it will be expanding following a successful holiday season. The retailer will open 170 stores over the next nine months to bring its total to more than 1200 locations. In 2020, Five Below opened 110 new stores, bringing […]

Major Food Group Adding Several New Restaurants in Miami

With concepts in New York, Las Vegas, Hong Kong, and Tel Aviv, Major Food Group (MFG) is entering the Miami market with at least 4 new restaurants in 2021. Carbone, which has developed a world wide cult-following, opened at the end of January near the southern tip of Miami Beach in the South of Fifth […]

These Retailers Get A Boost From Celebrity Shoppers

Stars—they’re just like us! Flip through any gossip rag at the checkout counter and you’ll see the rich and famous picking up coffee, grabbing groceries, or hitting the gym. You may even get a little zing when you recognize one of your favorite retail locations—in fact, brands are counting on that zing.  Celebrities have to […]

The Real Real Expanding Store Fronts

The RealReal has opened 2 new locations.  Courtney Hawkins, vice president of retail at The RealReal, said they saw a significant opportunity in Southern California after opening their West Hollywood location. This brings The RealReal’s total location count to 13, including 4 locations in New York and 5 locations in California. The RealReal recently opened […]

Aldi to Open 100 New Locations in 2021

Responding to the growing need for essential goods with convenient curbside pickup, Aldi announced expansion plans to open 100 new locations in 2021. The retailer has specific plans for expansion that will take them into several regions nationwide.  The grocery chain Aldi announced its plans to open 100 new stores in 2021. More than 2,000 […]
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