News
As one of the premiere commercial real estate brokerage firms in Southern California, CRG is in the news. Here are recent articles highlighting some of the transactions completed by our Cypress team, along with other industry-related news.
Bloomingdale’s Outlet Store has recently executed a lease for just over 33,000 SF in one of the strongest and most highly sought after regional shopping centers in Woodland Hills, at the southwest corner of Victory Blvd and Canoga Ave. Joining Nordstrom Rack,… Read More..
According to numerous analysts and industry executives, the future of retail success is in brick and mortar stores. For more detail, please follow the below link to the full article from Retail Dive. https://www.retaildive.com/news/the-comeback-of-the-brick-and-mortar-store/570290/ Read More..
Bloomberg’s consumer comfort index has reached the highest level seen in over 19 years, indicating confidence in the overall economy as well as personal finances and buying power, creating an environment sure to bode well for retailers. Please follow the… Read More..
According to research conducted by ICSC and the U.S. Economic Census, the number of service-related uses in the retail industry has continued to climb over the last couple decades, increasing more than 30% since 2002. For more details and the… Read More..
Holiday retail sales numbers are in, showing growth and exceeding the National Retail Federation’s projections. For additional details and breakdowns per sector, please click the following link to the full article from Chain Store Age. https://chainstoreage.com/nrf-holiday-retail-sales-41 Read More..
Dozen Boxing, a Fated Brands concept, has recently executed a lease for 2,038 SF at The Summit, bringing the center’s occupancy to 95%. Anchored by Erewhon, the hottest organic market chain in Southern California, the last four lease transactions in… Read More..
Unibail-Rodamco-Westfield has recently announced redevelopment plans for the former Sears building at Westfield Topanga which will transform the space into a dining and entertainment focused region. For all the details, please click the below link to the full article from the… Read More..
Check out the following article by Anna Meyer from Inc.com highlighting five retail trends to look out for this year. https://www.inc.com/anna-meyer/top-retail-trends-2020.html?icid=hmsub2 Read More..
Yard House, a Darden concept restaurant, officially opened yesterday at the Shops at River Walk project on Stockdale Highway in Bakersfield. Occupying approximately 10,000 square feet, the restaurant features an extensive bar including 110 beers on tap and a menu… Read More..
Check out the following article from Forbes which showcases hard data points that substantiate the changes and innovation occurring within the retail real estate industry. https://www.forbes.com/sites/tommcgee/2019/12/10/retail-renaissance-new-entertainment-options-for-consumers/#79d230642293 Read More..