Prime Commercial News2019-03-07T16:24:23-05:00

How Restaurants are Pivoting to Provide New Outdoor Dining Experiences

Some Bars Have Used the Pandemic to Change Business Models (Courtesy of District) When we look back on 2020, most memories will be less than positive. But for some restaurant owners and their guests, summer 2020 may recall good memories of afternoons and evenings spent al [...]

August 5th, 2020|

Mid-Year Update: How Each CRE Sector Has Been Impacted By Coronavirus

The Second Quarter Results Are In, and Notable Trends Are Taking Shape in Each Market (Getty) In April, economists at CoStar, publisher of LoopNet, began to hypothesize about how each commercial real estate sector may change as a result of coronavirus-related closures. Demand, leasing, vacancies and transaction [...]

July 20th, 2020|

UBS Estimates 100,000 More Retail Stores Will Close by 2025

Analysts Say Coronavirus Hastens Disruption Brought by E-Commerce Retail stores are boarded up in San Francisco during the coronavirus pandemic. (Getty Images) The U.S. retail industry appears to stand to lose 11% to 17% of its total store count by 2025, according to a report by [...]

May 15th, 2020|

How Coronavirus Will Impact Each Commercial Real Estate Sector

Analysis and Predictions from CoStar Economists As the coronavirus (COVID-19) pandemic and its related social distancing mandates continue longer than expected, it may feel like the economic outlook is becoming increasingly grim. With millions out of work and all non-essential businesses required to close indefinitely, the [...]

April 28th, 2020|

Commercial Real Estate During Coronavirus: What You Need to Know

As coronavirus (COVID-19) continues to spread, its impact on the economy and commercial real estate industry will be wide-reaching. Here at LoopNet, we're staying on top of what the pandemic means for owners, tenants, and buyers, and how you can not only respond to the changing [...]

April 2nd, 2020|

Investor acquires retail properties for $10.35 million

A Canadian investor on Friday acquired a series of downtown Sarasota retail properties that had been assembled more than a decade ago as part of a $200 million complex known as Pineapple Square. The Downtown Sarasota Collection comprises properties occupied by kitchen purveyor Sur La Table, [...]

August 13th, 2019|
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