10 Must Reads for the CRE Industry Today (March 12, 2015)

10 Must Reads for the CRE Industry Today (March 12, 2015)

 

  1. Catalog Retailer LL Bean to Triple Domestic Stores by 2020 “L.L. Bean, known for selling its trademark boots via catalog for more than a century, plans to make a bigger push into brick-and-mortar retail by more than tripling the number of domestic stores over the next five years, officials said Wednesday.” (ABC News)
  2. Gaul in: The French Affair With NYC Real Estate Is in Full Flower “New York City is getting a French kiss from Gallic investors looking to park their money in commercial real estate.” (Commercial Observer)
  3. Steve Schwarzman May Be the First CEO of a Public Company to Make $1 Billion This Year “Steve Schwarzman brought in $690 million last year, making him one of Wall Street's highest-earning CEOs.” (Business Insider)
  4. Billionaire Bren Is Secret Owner of NYC’s MetLife Tower “The owner of the MetLife Building, one of Manhattan’s most well-known skyscrapers, isn’t who most people think.” (Bloomberg)
  5. Ask For Janice: Cushman & Wakefield’s International Woman of Mystery “2:00 a.m. online grocery shopping; 3:00 a.m. unexpected call from India; 4:30 a.m. board meeting call; 5:30 a.m. wake up; 6:00 a.m. family yoga; breakfast; school drop-off; arrive at office. Just another day in the life of global real estate investment market advisor Janice Stanton, when she’s not traveling to Asia, the Middle East or some world capital.” (Commercial Observer)
  6. Ex-Empire State Bldg. Owners' New Chance to Invest “Former Empire State Building stakeholders will have another chance to invest in trophy properties across the city.” (Crain’s New York)
  7. MIPIM Special Report: Five Cities Lead the Way The keynote speakers of Tuesday afternoon’s session at the MIPIM 2015 City Investment Forum were local government officials from Amsterdam, Barcelona, Hamburg, Manchester and Stockholm, as well as several analysts and other representatives from the commercial and institutional sectors.” (Commercial Property Executive)
  8. Dallas-Area Competitors React to Nebraska Furniture Mart's Billion-Dollar Boast “North Texas furniture stores are preparing for a championship-level competition when Nebraska Furniture Mart opens its 560,000-square-foot store in The Colony.” (Dallas News)
  9. A Warning to Shake Shack: Beware Noodles & Co. “The next order of business at Shake Shack: be more like Chipotle, and less like Noodles & Co.” (Fortune)
  10. Retailers Can't Shake the Circular Habit "The world may be going digital, but the brightly colored advertising inserts that spill out of newspapers every Sunday somehow missed the memo about the decline of print." (Wall Street Journal)
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