Potential Gulch Redevelopment Could Include More Than 9M SF Of Office, By Jarred Schenke, Bisnow
“A city permit may have shed light on redevelopment plans for Downtown Atlanta’s Gulch property, which could include an office campus more than half the size of all the Class-A space in Midtown. The Gulch is believed to be among the properties pitched by the State of Georgia as a potential site for Amazon’s $5B second headquarters, the holy grail of economic development deals being pursued by more than 200 cities in the U.S and Canada. Georgia submitted its proposal to Amazon last month in a deal that could include more than $1B in incentives.
The Reinvention Of Physical Retail Is Here — 7 Things To Know As Of Q3, By Lara O’Keefe, Bisnow
“Contrary to popular belief, the retail industry is not on its last legs. The third quarter brought positive news for the sector thanks to strong consumer confidence and positive economic fundamentals that are anticipated to continue in the coming months.”
Commercial Lending in U.S. Jumps 16.9 Percent Annually in Q3, By Michael Gerrity, World Property Journal
“According to CBRE, commercial real estate lending markets remained on the upswing in Q3 2017 with rising equity prices, limited volatility and tightening spreads.”
Department Stores Seek A New Direction, But Selling Real Estate Is Not The Answer, By Walter Loeb, Forbes
“Major retailers are now reporting earnings that include real estate sales. It allows retailers to meet their earnings estimates, but not because of any merchandise sales.”
Can Outlet Center Operators Avoid the Worst of the U.S. Retail Fallout?, By John Egan, National Real Estate Investor
“Wall Street has walloped the retail industry during the much-hyped ‘retail apocalypse,’ and the country’s two biggest operators of outlet centers—Simon Property Group and Tanger Factory Outlet Centers—have not been spared.”