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A 60-year-old enclosed mall, a popular institution in a North Jersey municipality, is about to be dramatically reconfigured in a reflection of the times: Much of its retail space will be demolished and replaced with an open-air town center and 1,000 luxury apartments. At the redevelopment's groundbreaking this month, Eatontown Mayor Anthony Talerico Jr. acknowledged that the $500 million project had stirred criticism and "intense emotions" from residents who didn't want to see "a radical" change in the Monmouth Mall. For decades, different generations came to the retail center to shop, dine, hang out and socialize. Nicole Kushner Meyer, president of Kushner Cos., the firm overhauling the mall, recalled taking her daughters there to have their ears pierced. But it's a different era now, and Eatontown has to move with the times to remain economically vibrant, Talerico said, "We can't deny that the landscape is changing and we should change with it." Adding residences to malls isn't new, but projects are picking up nationally. The concept is designed to naturally increase foot traffic, real estate professionals say, while creating a new mix of store lineups to vie for space in an already tight U.S. retail market. Brokers and landlords are looking to land deals this week in Las Vegas at

Just Listed For Sale via Auction | 4/340 Chisholm Road, Auburn 📢 Ultimate Game-Changer for Your Business 📍 Address: Unit 4/340 Chisholm Road, Auburn 📐 Total Strata Area: 281m² 🎁 Bonus Mezzanine Area of 80m² 📍 Strategic Business Location: Unbeatable Location Central Sydney Position, Located in the heart of Auburn's industrial action! Close to major transport routes, shopping centers, and a network of thriving businesses. 🏢 Property Highlights: 🚀 Warehouse Revolution: Step into 214m² of pure industrial genius. With soaring ceilings and expansive space, this warehouse is more than just storage—it's designed to elevate your operations and maximize your productivity. 💡 Innovate in Style: Upstairs, a 67m² modern office awaits, tailored for those who mean business. Whether you're plotting your next breakthrough or managing the daily grind, this workspace is where ideas turn into action. ➕ Supercharged Mezzanine: Bonus alert! An additional 80m² mezzanine space not included in the total strata area. Imagine the possibilities—extra office, storage, or creative space. This is where your business goes from great to unstoppable. 🚗 Effortless Customer or Staff Parking: Dedicated onsite car spaces. Convenience is key, and we’ve got you covered. 📦 Streamlined Logistics: Keep your operations moving like a well-oiled machine with an exclusive container drop zone. Load, unload, and keep the momentum going with ease Currently rented until the 31st Jan 2025. Located in the heart of Auburn’s industrial district, you’ll be surrounded by top-tier amenities, seamless transport connections, and a network of thriving businesses. This is where your success story takes shape. ⏳ TIME IS TICKING! ⏳ Open for inspection: Every Friday @ 11:00 - 11:30am until the auction. Auction : In-rooms 6pm 24th October 2024. Location: Level 3/56 Kitchener Pde, Bankstown. Don’t miss out on this game-changing opportunity. Call Mitchell Owen at 0401 451 889 today—because in the world of business, the right space can make all the difference! #commercialrealestate #realestate #cre #realtor #realestateagent #realestateinvesting #property #commercial #commercialproperty #realestateinvestor #business #investment #propertymanagement #investmentproperty

🌟 Exciting Leasing Opportunity at 3105 Milwaukee Ave, Chicago 🌟 As a CRE Development Advisor in the pulsing heart of Chicago, I’m thrilled to offer a first look at our newest luxury building retail spaces. We’ve tailored these spaces to embody sophistication and innovation, catering to the dynamic lifestyle of today's high-tech professionals. These retail spots are more than just locations—they are stepping stones for businesses ready to elevate their brand to the next level. With three distinct units available, they serve as the perfect backdrop for a variety of upscale enterprises—from a tranquil medical spa to a refined wellness product boutique, to an inviting health food café. 🔍 We're on the lookout for visionary tenants who appreciate the blend of luxury and functionality. But this leads me to an important question: What does the ideal retail space look like for a brand aiming to make a significant impact in a bustling urban setting like Chicago? Let’s discuss the future of retail and how these spaces could be the key to unlocking your brand’s potential. I invite you to join the conversation below or direct message me for an exclusive tour. Let's craft the perfect space for your luxury brand together. #ChicagoRetail #LeasingOpportunity #LuxuryRetail #CRE #RetailSpaces #BusinessGrowth #ChicagoBusiness

#America's malls continue to transition from sprawling retail superstructures into mixed-use, lifestyle-centric neighborhoods. Most recently with the redevelopment of the Monmouth Mall, led by Kushner Companies. When the redevelopment concludes, the new space will feature a reduction of the overall #retail space, making way for 1,000 new #apartments, an open-air central promenade, amongst other amenities and new uses, like restaurants and medical offices. In separate reporting by The Real Deal, of the 153 mall redevelopments happening across the country, more than half include a #housing component. I'm not sure about you, but this trend seems to be a great way to breath new life into some of the country's legacy #RealEstate, while addressing current issues, like the #HousingShortage. Not too bad for a mall that was so dead, it was featured in the Walking Dead, where it was sprawling with zombies.

This prominently positioned local center has undergone recent renovations and enhancements. It offers a second-floor office area situated in the vibrant South Tampa district, known for its dense population and prominent visibility at a bustling intersection in Tampa. Retail and office spaces are currently available within this inline setting. Contact me if you have any questions or need pricing for any assets in your portfolio. Bobby Gross (813) 387-4776. Investment highlights: • Short Term Leases with Auto Renewals and 3-7% Annual Rental Increases. • Weighted Average Rent is $21.46/SF | Submarket Average Rents are $31/SF. • 6 Retail Suites on 1st Floor (7,613-SF) | 20 Office Suites on 2nd Floor (6,107-SF) • 55.49% of Total GLA Consisting of 1st Floor is on NNN Leases | Upstairs Office is all Gross  • Proximity to Major Arteries & Downtown Tampa | South Tampa is a High Barrier to Entry Submarket | High Intrinsic Value and Limited Supply • Proximity to MacDill Air Force Base | 20,000+ Stationed and $4.98B Economic Impact • Excellent Demographics | 156,000+ Residents within 5 Miles with AHHI in Excess of $121,000 OM Link: https://lnkd.in/eTHh_zkS  

The Prince Building in SoHo Enters Special Servicing - The Prince Building, located at 568 Broadway in the heart of SoHo, New York City, is a 12-story mixed-use property known for its historic charm and strong location. - Built in the late 19th century, the building is a classic example of the cast-iron architecture that defines much of SoHo's iconic streetscape. - The asset is encumbered by a $200 million CMBS loan. - The loan had an initial maturity date of October 2022 but was pushed back twice with 1-year extensions. Not sure about the operating stats for this one, but the asset has seen some leasing activity: - Ferrari signed a 7,000 SF lease back in the Spring. Rents were rumored to be $75-$125 PSF. The office space is close to their retail outpost at 92 Prince Street. - Japanese fashion retailer GU took a 25K SF ground-floor lease back in February, taking over a space previously occupied by Forever 21. Source: Commercial Observer and Trepp

Installing mezzanine flooring is an investment that pays off in multiple ways. By increasing sales floor space, improving customer flow, and enabling the addition of modern retail innovations like self-checkout areas, mezzanine flooring offers a substantial return on investment. As the retail and commercial landscape continues to evolve, the ability to maximise existing space will be a critical factor in maintaining a competitive edge. Mezzanine flooring is more than just a structural addition; it’s a strategic tool that can unlock the full sales potential of a retail or commercial space. #mezzanines #retailmagic #retailstores

Temporary never looked so permanent👀 Did you know our structures can be used for decades, if not indefinitely? For example, our HQ in the UK has been up since 2004 and is still standing strong as if it were built yesterday. Considering a semi-permanent structure for commercial use like shops & showrooms has several benefits, including the fact they are: ✅More affordable than traditional construction methods. ✅Super quick to build, meaning you can have your new facility up and running in just a few short weeks. ✅Versatile and flexible, able to be extended or relocated if your requirements change. As we embrace a future where adaptability and resilience are key, semi-permanent structures emerge not just as a temporary fix but as a strategic choice. Swipe to see some of our favourites, including The London Bus Museum, Barnsley Markets and Land Rover Experience Centre. #WeareLDB #LDB #eventprofs #commercial #retail #showroom

Panelists discussed dominant factors reshaping the industrial sector here at Amelia Island. SIORS are redefining the knowledge required to transact at an elite level. - When it comes to real estate markets, one "cannot compare, [as] every market is unique" - Of Atlanta: "Market leasing is slow, but there is opportunity for people (SIORs) on this market. We have experience, we are doubling down on relationships, and we understand the client and their needs." Thanks to KI FURNITURE for sponsoring a dynamic session today! #IndustrialInsights #CRE #SIORSpring24

Buying up retail space to convert to more housing is likely to become more popular as buildings get older. Thoughts?? #realestate #ontariorealestate #torontorealestate #gtarealestate #ontariolawyers #realestatelaw #realestatelawyer