Real Estate Insights from Raúl & Mary Beth Viruete
2023 MIDYEAR OUTLOOK: Prices Still Too High; Cash and Seller Financing Key to CRE Activity in 2023
ByJANE THORN LEESON,Aug 30, 2023, TRENDS MARKET RESEARCH While the overall economy has proven to be resilient to interest rate increases, the gap between buyers and sellers on cap rates is still pretty significant, which has resulted in lower transaction volumes compared to the prior year. In conver
Disney to Spend $60B on Parks Over Next Decade
By: Paul Bubny The Walt Disney Co. will accelerate and expand its capital spending in its Disney Parks, Experiences & Products division to $60 billion in the next 10 years, nearly double the past decade’s spend, Los Angeles Business First reported, citing a Sept. 19 SEC filing. That total will inclu
Nordstrom Rack to Open Third San Diego Location
By: Paul Bubny Seattle-based fashion retailer Nordstrom, Inc. plans to open a new Nordstrom Rack in San Diego. The 26,000 square-foot store will be located in Clairemont Town Square, a popular shopping center with a tenant roster including Burlington, Vons, TJ Maxx, Ulta Beauty and Reading Cinemas.
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