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.
Chipotle celebrates the opening of its 3,000th restaurant, while planning on opening 250 more in the next year. Click here for all the details in the full article published on Chain Store Age. Read More..
The priciest retail sale reached $136 million in 2021, increasing by 10% than the year before. Click here for all the details in the full article published on The Real Deal. Read More..
The National Retail Federation states this year’s holiday sales could increase its initial growth projections by 10.5%. NRF’s Chief Economist expresses feelings of uncertainty with regards to COVID-19’s impact on these results. Click here for all the details in the full article published on Retail… Read More..
According to a CoStar analysis, small and midsize stores have grown in popularity with certain retailers. Leasing of retail spaces under 5,000 sq ft had the strongest growth in 2021. Click here for all the details in the full article published by CoStar. Read More..
Panera Bread comes out with a new design for its next-generation cafe including; double drive-thru lanes, updated technological features, and a smaller interior. Click here for all the details in the full article published by 5 On Your Side. Read More..
Click here to read more about Retail Dive’s annual list of retail businesses most at risk of bankruptcy. Read More..
Macy’s former plan of closing 100+ stores will be on hold for now as physical locations have proven to be beneficial this year. They have also announced a third-party marketplace coming for Macy’s and Bloomingdale’s customers in late 2022. Click here for all… Read More..
Chipotle’s chief restaurant officer discusses the challenges in creating the right balance between their digital and in-store sales. Click here for all the details in the full article published by Nation’s Restaurant News. Read More..
ICSC has released reports projecting a 9% increase in retail sales this holiday season. Click here for all the details in the full article published by CoStar. Read More..
Cypress Retail Group is excited to announce that Teaspoon is coming soon to the Stockdale Plaza in Bakersfield! Teaspoon is a modern boba tea café that creates unique tea drinks, snow ice, and more. Starting in California’s Bay Area, Teaspoon… Read More..