Tag: 2020

Macy’s Starts Reopening Amid Department Store Woes

Commercial Property Executive

The chain is welcoming shoppers to 68 locations this week. How will the department store format fare amid the pandemic’s challenges?

Macy’s Inc. will kick off a phased reopening today, welcoming shoppers into 68 stores in states that have begun to ease retail restrictions. The department store chain plans to reopen stores with reduced hours in Georgia, Oklahoma, South Carolina, Tennessee and Texas, which are allowing select businesses to restart after the coronavirus outbreak prompted sweeping closures across the U.S.…

Amanda WillisMacy’s Starts Reopening Amid Department Store Woes

In the New Normal, Investors Must Fly to Safety

Commercial Property Executive

Single-tenant properties offer newly conservative investors a long-term, secure investment opportunity, says Avison Young’s Jonathan Hipp.

This might be an understatement, but 2020 is shaping up to be a very interesting year. We’ve only just begun the second quarter, and most of us are already worn out. And we haven’t even gotten into the thick of the presidential campaign season. Fun times, indeed!

In the midst of all this chaos, it’s important for all of us to get back to basics. For investors in commercial real estate, that means opportunities that provide long-term stability and the potential for growth. From …

Amanda WillisIn the New Normal, Investors Must Fly to Safety