News & Blog Posts

   INDUSTRY NEWS June 16, 2021   AMAZON WILL OVERTAKE WALMART AS THE LARGEST U.S. RETAILER IN 2022, JPMORGAN PREDICTS Amazon is on track to overtake Walmart as the largest U.S. retailer in 2022, according…

           INDUSTRY NEWS       June 23, 2021         THE TYPICAL HOME PRICE IS UP A RECORD 13.2% COMPARED TO LAST YEAR, ACCORDING TO ZILLOW The typical…

   INDUSTRY NEWS June 30, 2021   WALMART, AMAZON, HOME DEPOT, OLD NAVY AMONG 50 ‘MOST PATRIOTIC’ BRANDS  A retail giant ranks as the country’s second most patriotic brand. Jeep came out on top for…

*|MC_PREVIEW_TEXT|*  INDUSTRY NEWS July 7, 2021   PERSONAL INCOME JUMPS DURING THE PANDEMIC Last week, the Commerce Department released its estimates of personal income growth at the state level in the first quarter. These range…

*|MC_PREVIEW_TEXT|*  INDUSTRY NEWS July 14, 2021   SURPRISE, SURPRISE: RETAIL RENTS ACTUALLY GREW IN Q2 Effective retail rents grew by 0.1% in the second quarter, a sign experts from Moody’s Analytics say shows a “significant”…

   INDUSTRY NEWS July 21, 2021   PHILLIPS EDISON & COMPANY ANNOUNCES CLOSING OF UNDERWRITTEN IPO Phillips Edison & Compnay, Inc. (“PECO”), one of the nation’s largest owners and operators of omnichannel grocery-anchored neighborhood shopping…

*|MC_PREVIEW_TEXT|*  INDUSTRY NEWS July 28, 2021   PALOMAR GROUP BROKERS $8.1M SALE OF ASHLAND JUNCTION RETAIL PROPERTY IN METRO RICHMOND The Palomar Group has brokered the sale of Ashland Junction, a 141,701-square-foot retail property located…

   INDUSTRY NEWS August 4, 2021   PUBLIX Q2 SALES EDGE UP Publix continued its sales momentum in the second quarter even amid a challenging comparison with its year-ago pandemic-fueled increases. The grocer’s sales rose…

*|MC_PREVIEW_TEXT|*  INDUSTRY NEWS August 11, 2021   NATIONAL RETAIL LANDLORD ON TRACK TO SURPASS PRE-PANDEMIC LEASING RECORDS AMID INDUSTRY RESURGENCE One of the nation’s most prominent retail landlords says returning retailers and customers are making…

   INDUSTRY NEWS August 18, 2021   KROGER TO OPEN GHOST KITCHENS IN ITS STORES The Kroger Co. is diving deeper into the fast-growing ghost kitchen space. The country’s largest grocery retailer is partnering with…

   INDUSTRY NEWS August 25, 2021 BOISE OPEN ENDS IN DRAMATIC FASHION. ‘NOBODY WANTS TO WIN A GOLF TOURNAMENT THAT WAY’ There has been plenty of excitement in the 32-year history of the Albertsons Boise…

   INDUSTRY NEWS September 1, 2021     PALOMAR GROUP ARRANGES $36.5M SALE OF GREENBRIER SQUARE | CHESAPEAKE, VA Second time’s a charm… When Steve Collins, David Rivers, and Ryan McArdle first sold Greenbrier Square…