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 In early 2009 Microsoft announced it would be opening retail stores in a similar vein to the wildly popular Apple stores. In fact they planned to open them right next door to Apple’s retail outlets. The public response had all the trapping of the Republican / Democrat debate over health care legislation! This grand plan has been [Read More] Retail construction continues to stagnate and slow even as overall natioinal employment, and retail jobs in particular, begin to improve. Crains Chicago Business reports a 25 year low in retail construction activity. The report focuses on retail mall development, highlighting the recent transfer to receivership of the Block 37 mall project, however it is unclear if smaller non-mall [Read More] The always engaging and informative KUOW Weekday program, hosted by Steve Scher explores the current state of Seattle’s commercial real estate environment with a focus on storefront retail. Our neighborhoods are full of empty storefronts and office buildings. Stalled development projects have left holes in the ground. How is commercial real estate fairing? Will developers be [Read More] |
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