Category Archives: shopping centers

Construction outlook: More cranes in the sky, but labor shortages and rising costs await, too

by Dan Rafter When Paul Laird looks at the Midwest markets he serves as vice president and Midwest regional manager for United Construction Company, he sees a busy future. Construction crews are busy across the Midwest today, building spec industrial … Continue reading

Posted in Chicago Commercial Real Estate, Detroit commercial real estate, healthcare, Illinois, Illinois real estate, industrial real estate, Michigan commercial real estate, multi-family, office, retail, senior care facilities, shopping centers | Tagged , , , , | Leave a comment

Malls still have their place – but they need to adapt

by Dan Rafter Shopping malls were already struggling. Then Sears announced it would close 150 Sears and Kmart locations. Macy’s announced it will shutter 68 stores. These stores are anchors for malls across the Midwest. The new round of closings … Continue reading

Posted in Missouri commercial real estate, retail, shopping centers, St. Louis real estate | Tagged , , , , , , , , , , , | Leave a comment

Thanks to Oppidan, grocery-anchored retail trend comes to Twin Cities-area lakeside community

by Dan Rafter Excelsior had long been known mostly as a resort town, one that attracted tourists from the Twin Cities — just about 12 miles away — and beyond during the summer months but was quiet when the temperatures … Continue reading

Posted in Minneapolis commercial real estate, Minnesota real estate, retail, shopping centers, St. Paul commercial real estate | Tagged , , , , , , , | Leave a comment

Is the era of shopping malls over? Not quite … if mall operators can tap their creative sides

by Dan Rafter The Midwest is home to plenty of dead or dying shopping malls, indoor ghost towns that once buzzed with families dining at food courts, teens hanging at clothing stores and young couples holding their first dates at … Continue reading

Posted in Chicago Commercial Real Estate, Columbus real estate, Illinois, Illinois real estate, Kentucky commercial real estate, Lexington commercial real estate, Michigan commercial real estate, retail, shopping centers, Uncategorized | Tagged , , , , , , , , , , , , , , , | 4 Comments

Deal flow. Sales velocity. Leasing. They’re all on the rise in Louisville

by Dan Rafter Midwest Real Estate news spoke with Tony Fluhr, director of commercial leasing at Louisville’s NTS Development Company. Fluhr said that the commercial real estate market in Louisville was on the rise. Even better, he expects activity levels … Continue reading

Posted in industrial real estate, Kentucky commercial real estate, Louisville commercial real estate, multi-family, office, retail, shopping centers | Tagged , , , , , , | Leave a comment

Blogging from ICSC’s RECon: A league of their own

Brokers and officials from commercial real estate firm Next Realty, which operates a busy office in Chicago, are in Las Vegas this week to attend the International Council of Shopping Centers’ RECon, the biggest convention serving the brokers, developers and … Continue reading

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Cassidy Turley: Cincinnati market strong in second half of 2013

by Dan Rafter Investors are gaining confidence in the Cincinnati market and investing more of their dollars into commercial properties here, according to a recent report from Cassidy Turley. “The influx of capital into the Cincinnati market fueled a very … Continue reading

Posted in Cincinnati commercial real estate, industrial real estate, office, Ohio commercial real estate, retail, shopping centers | Tagged , , , , , , | 2 Comments