Well-located vintage assets have a vital role to play—if you have the right game plan. Sometimes, age does matter. At least, some tenants think so. When it comes to a broker’s job of getting an older property leased, everyone has a slightly different strategy. Commercial Property Executive asked these three brokers what
JCPenney said this week that it plans to spend more than $1 billion by the end of 2025 to revive the storied but troubled 121-year-old department store chain, The Associated Press reported. This investment is poised to become the next chapter in JCPenney’s proverbial cat with nine lives survival tale, but experts
Retailers that in the past plunked down large cookie-cutter stores in malls and power centers across the U.S. have ramped up experiments with smaller formats geared toward local tastes and culture. It’s a strategy that satisfies several needs and goals of retailers at once — first and foremost to forge