SVN | Wood Properties’ Post

👑 **Royalty of Retail Real Estate!** 🏢 SITE Centers, a major player in the publicly traded real estate investment trust (REIT) sector, is making a strategic move! 🔄 They're spinning off all their strip malls into a newly formed, publicly traded company called Curbline Properties, boasting a value of $1.7 billion 💰. 📈 Strip malls are currently experiencing a surge in popularity as an investment choice. Thanks to changes in consumer behavior due to the pandemic 🦠, such as increased remote work 🏠 and a preference for nearby retail options, these properties are seeing higher foot traffic 🚶♂️🚶♀️, lower vacancy rates, and record-setting average asking rents 📊. 🔍 The limited inventory is also significantly contributing to this trend. 💡 Did you know? Companies like SITE Centers often engage in 'spinoffs' to better focus on their growth trajectories. This method separates fast-growing units 🚀 from those with slower growth but higher income potential 💵, offering investors a choice in line with their investment strategies. 📈📉 🌐 This spinoff is a reflection of the changing consumer landscape. Strip malls are drawing in shoppers from wider areas for quick, frequent visits, marking a pivotal shift in the retail real estate market! 🛍️ #RealEstateInvestment #CommercialRealEstate #RetailRealEstate #REIT #SITECenters #CurblineProperties #RealEstateTrends #PropertyInvestment #StripMallInvestment #RealEstateNews #InvestmentOpportunities #MarketTrends #RealEstateGrowth #RealEstateMarket #PropertyMarket #RetailInvestment #RetailProperties #InvestmentStrategies #EconomicTrends #RealEstateDevelopment https://lnkd.in/g-Rj-2Fh

Vancouver retail real estate market remains 'robust' Contact me to discuss the latest scoop in real estate! #vancouverrealestatemarketing #vanre #housingmarket

Any of my real estate connections know how to find out who owns commercial properties that have closed down? Trying to help out a friend that's looking at specific location in New York but there's no information on the property anywhere. #realestate #commercialrealestate #commercialproperty #retail

🛒 The recent sale of a retail property at 1610 Post Road in Fairfield for $2.4 million is a testament to the robustness of the local retail real estate market. This transaction reflects the high demand and potential of retail spaces in the area. Learn more about the impact of this sale on Fairfield's business community. Click the link for the full story! ⬇️ https://lnkd.in/eVMvuPrW  #RealEstate #RetailGrowth #PropertySale #Fairfield #BusinessDevelopment #MarketTrends #InvestmentOpportunity #CommercialRealEstate #RetailMarket #LocalBusiness

I am pleased to present The Corcoran Group snapshot of Brooklyn condo and co-op contracts signed from April 20 to April 26, 2024.    Below are some key highlights from the week:   76 contracts were signed last week, down 28% year-over-year and 5% from the previous week. Both condo and co-op contracts were down annually. Condo sales were down by seven deals while co-op transactions were down by 22. While sales under $1M were down 43% year-over-year, transactions over $1M increased 10%. Fort Greene/Clinton Hill/Prospect Heights had the largest annual increase in activity, up by seven sales. Last week's most expensive sale was the only contract to exceed $3M. The penthouse residence at 110 North 1st Street offers floor-to-ceiling windows and private outdoor space.  

Vancouver Retail Market Slows as Demand for Space Remains Strong Contact me to discuss the latest scoop in real estate! #vancouverrealestatemarketing #vanre #housingmarket

"Nassimi Realty Purchases 400K SF of Midwest Shopping Centers" Read the full article below..

I am pleased to present The Corcoran Group snapshot of Brooklyn condo and co-op contracts signed from August 10 to August 16, 2024.    Below are some key highlights from the week:   Last week, 69 contracts were reported signed, down 10% versus last week but up 3% annually, the second consecutive year-over-year increase. While condo activity declined 6% annually, co-op sales jumped 25%, a difference of 5 sales. Three of six price ranges increased versus 2023. The over $3M category had the largest increase with more than three times as many sales. Last week tied a week in May for the most sales over $3M in the last twelve months. South Brooklyn had the largest nominal annual increase in sales of any submarket, a difference of six sales. Last week's most expensive deal was a penthouse at 280 Saint Marks Avenue in Prospect Heights, offering two terraces, parking, and storage. #brooklyn #realestate #marketnews #condos #coops #corcoran #livewhoyouare

Naples Real Estate Market Update – April 2024 Exciting news from the Naples real estate market! Here's a snapshot of the latest trends: ~ Closed Sales Rise: April saw a 3.8% increase in closed sales, the first positive trend since June 2021! ~ Growing Inventory: New listings are up 16.3%, signaling a continuously expanding market. ~ Luxury Demand Soars: The $500,000 - $1.5 million price category saw a 68.1% increase in demand. ~ Stable Prices: Despite increased inventory, home values remain strong with the overall median closed price rising to $450,000. ~ Investor-Friendly: 65.4% of transactions in April were cash deals, showing confidence in the market. As the market remains dynamic, it's crucial to stay informed and make strategic decisions. Whether you’re considering buying or selling, our experts at Hoffman Korff Group are here to provide you with accurate market comparisons and professional advice. Contact us today to capitalize on these favorable market conditions! Hoffman Korff Group w William Raveis Real Estate 800 Seagate Dr. Suite 101 Naples, FL 34103 ulrich@hkgnaples.com dawn@hkgnaples.com 239-404-9860 #NaplesRealEstate #MarketUpdate #LuxuryLiving #NaplesFL #RealEstateTrends #HoffmanKorffGroup #ExpertAdvice #DreamHome #hkgnaples

Naples Real Estate Market Update – April 2024 Exciting news from the Naples real estate market! Here's a snapshot of the latest trends: ~ Closed Sales Rise: April saw a 3.8% increase in closed sales, the first positive trend since June 2021! ~ Growing Inventory: New listings are up 16.3%, signaling a continuously expanding market. ~ Luxury Demand Soars: The $500,000 - $1.5 million price category saw a 68.1% increase in demand. ~ Stable Prices: Despite increased inventory, home values remain strong with the overall median closed price rising to $450,000. ~ Investor-Friendly: 65.4% of transactions in April were cash deals, showing confidence in the market. As the market remains dynamic, it's crucial to stay informed and make strategic decisions. Whether you’re considering buying or selling, our experts at Hoffman Korff Group are here to provide you with accurate market comparisons and professional advice. Contact us today to capitalize on these favorable market conditions! Hoffman Korff Group w William Raveis Real Estate 800 Seagate Dr. Suite 101 Naples, FL 34103 ulrich@hkgnaples.com dawn@hkgnaples.com 239-404-9860 #NaplesRealEstate #MarketUpdate #LuxuryLiving #NaplesFL #RealEstateTrends #HoffmanKorffGroup #ExpertAdvice #DreamHome #hkgnaples