Shuttering Frenzy: These Retailers Are Bringing In The New Year On A Low Note
January 9, 2017

Shuttering Frenzy: These Retailers Are Bringing In The New Year On A Low Note

Want to learn more about what's going on in retail? Join us for our Annual Seattle Retail: Around The Retail Experience event on Jan. 17.

The retail industry is already taking a major hit this year, with several retailers announcing massive closures and layoffs within the first few weeks of the year. 

These closures are leaving behind a glut of empty space that is exacerbating problems for developers and investors in the retail real estate game. Take a look at some of the biggest closures of 2017. 

Click here to read the full story.

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Macy's Location In Everett Gets The Ax

One of the 100 locations that Macy's is closing this year is at Everett Mall. The department store, which occupies 133k SF at that property, has been there for almost 40 years, opening only a few years after the mall…

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5 Biggest Trends In CPM Member And Candidate Compensation In 2016

PRESENTED BY:   IREM
 

The commercial real estate industry is home to a varied array of compensation. This July, IREM conducted a study on trends in the salaries of CPM Members and Candidates across the United States and Canada in 2016. The following are five of the most intriguing discoveries.

1) Factors Determining Bonus or Commission

Those surveyed who received a commission or bonus were asked to report all elements used to determine the specific amount paid. The company's overall financial performance was listed as the most common factor, with 52% of CPM Members and 38% of CPM…

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Dow Aims To Keep Hilton Bellevue Competitive

Last month, Wig Properties acquired the Hilton Bellevue at 300 112th Ave Southeast for more than $87M, and now it has tapped the Dow Hotel Co to operate the property, which will remain under the Hilton flag. Wig knows the…

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Apartment Rents Declined The Most In These Cities Last Year

As both Millennials and older, wealthier Americans continue to favor renting to homeownership, high-end luxury apartments have flooded the market, while very few affordable apartments have come online. Yardi's Jack Kern told Bisnow the divide in supply between Class-A and Class-B apartments will persist well into 2017.

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Annual Seattle Retail: Around The Retail Experience
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