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VACANT RETAIL SPACE
A Georgia church bought 40,000 square feet of vacant retail space and 11 acres; it incorporated shipping containers into a 2,100-seat auditorium and youth facilitiesAthens Church transformed vacant retail property in Athens, Georgia, into a sprawling church campus with a 2,100-seat auditorium, children'...- Developers faced vacant industrial buildings that were difficult to modernize; they preserved original structures and turned them into hotels with modern guest facilitiesVacant industrial buildings were not easy to modernize. Their old layouts and structures created practical problems for developers. But dem...
- A developer planned a beer garden at a vacant aviation plant; the idea grew into a $25 million, 22-acre marketplace with 140,000 square feet of spaceA developer planned a beer garden at a vacant aviation plant, but the idea changed after the site was discovered. The former Stanley Aviati...
- Ford Twin Cities Assembly closed in 2011 after building Rangers and Model Ts; demolition crushed 150,000 tons of concrete for backfill and grading on the St. Paul siteThe former Ford manufacturing site in St. Paul has been transformed into a vibrant housing community along with a grocery store. For decade...
- Old mattress at home? Know how to dispose of it safely, 6 easy ways to reuse, donate or recycle it and signs it’s time to replace ItDisposing of old mattresses calls for responsible actions. Instead of roadside dumping or burning, think about donating, reusing, or employ...
- In 2011, a California hotel owner refused to sell to a $400 million shopping complex; so the city nearly took his 55-room hotel insteadA Glendale mall owner sought to expand his property in 2011. The adjacent Golden Key Hotel owner refused a substantial offer for his busine...
- Ecommerce share in warehouse leasing falls to 3% due to declining demandE-commerce firms' share in Indian warehouse leasing fell to 3% amid declining demand due to the pandemic, compared to over 20% during Covid...
- Trident Realty acquires Shipra Mall in Ghaziabad for Rs 551 croreThe Delhi-based Trident Realty Group has acquired Shipra Mall in Ghaziabad, Uttar Pradesh from Indiabulls Housing Finance Ltd and Edelweiss...
- Mall vacancies in Q2 at 2019 levelsSoon after Covid induced lockdown, many retailers started vacating the space leading to increase in empty spaces at malls.
- As businesses drag, DLF sees rise in vacant office spaceWith over 10 million sq. ft. of operational space, DLF Cyber City in Gurugram, which houses some of the biggest IT and Fortune 500 companie...
- Air India set to raise Rs 500 cr from CP propertyState-run consultancy firm NBCC (India) Ltd has prepared a plan to monetise the debt-ridden national carrier’s vacant land at Baba Kharak S...
- Mamata Banerjee's Kolkata sees 20% rise in the commercial realty deals in 2 monthsMamata Banerjee's calls to set up businesses in the state seem to have started getting responses with commercial space deals clocking a 15-...
- Hidesign to go slow on India, but stitches up big International plans“The big challenge this year is that the expansion within India is becoming harder as not many malls are coming up,” said Dilip Kapur, foun...
- Now, buy Flipkart warehouse space and get priority seller statusAccording to industry executives, the space has become vacant as Flipkart cut its reliance on WS Retail, which was originally part-owned by...
- 'Footfall in malls may dip by more than half this Diwali'Shopping malls in major cities may witness a decline of more than half this Diwali, with the trend of online buying catching up on the back...
- Quality Malls: Retailers want open stores only in high quality spacesMore and more shopping malls in Indian cities are struggling to find tenants because retailers want to open stores only in high quality spa...
- Techies find Whitefield out of reachThough 3.5 lakh techies commute to work there daily from the city, IT/ITES corridors are now being set up in Outer Ring Road and Bangalore ...
- Retail sector to witness growth, number of malls to touch 280While the National Capital Region (NCR) has significant vacant retail space, another four million sq ft is lined-up for 2011 in Delhi and i...
- Ahmedabad, NCR malls hit as retail cos prefer high-street storesOnce considered a dream destination for retailers, the much-hyped malls of Ahmedabad are fast losing ground to the city’s high-streets.
- Mall scare: Correction in realty sector hits retail tooTop eight cities see 20% vacancy across 40 m sq ft due to rising rental values and lack of quality space. Career avenues in retail | Budget...
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