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.
Although we’ve been witnessing the highest inflation in more than 40 years, many economists expect U.S. retail sales to rise by 6-8% this year. U.S. retail spending has increased in April compared to March, which would be the fourth monthly… Read More..
For the 12-month period ending in March 2022, 12 out of 19 retail categories had record level of sales per square foot. The International Council of Shopping Centers reported this data from Datex Property Solutions at their annual trade show… Read More..
Owner of the Los Angeles Rams, Stan Kroenke has been discovered as the buyer of the Westfield Promenade mall in Woodland Hills. This 34-acre property could be used to potentially include a practice facility and headquarters for the team. Click here for… Read More..
Although Amazon broadcasts having “the widest selection ever” for Prime delivery and continues to give this expedited shipping free to its members, the company’s first quarter of e-commerce retail sales fell by 3%. As consumers head back to more stores… Read More..
ead Chipotle: Evidence that Execution Can Help to Navigate Industry Headwinds by Placer. Read More..
Chipotle has introduced their new venture fund called Cultivate Next. It is a $50 million fund for investments with companies that can be technologically advancing while aligning with Chipotle’s mission. Chipotle has been interested in various technologies lately that would… Read More..
Since launching its first digital-only restaurant in 2018, Chipotle’s second “Chipotlane Digital Kitchen” is set to open in Cuyahoga Falls, Ohio. This new format involves a drive-thru window and walk-up window for efficient digital ordering. Click here for all the details in the full article… Read More..
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..