on Photo Credit: Commons Retail properties in the US are sliding again. After two years of more favorable investor sentiment, retail has become the lowest ranked property type in 2017 amongst investors, developers, and retail operators. There are however, some areas in retail that standout against these falling figures. One retail type seems to be doing… Continue Reading Dollar Stores: Finding a Multi-billion Dollar Niche
on As many retailers continue to face reduced sales and store closures due to Amazon and other e-commerce alternatives, several of the big box names are pushing back with a combined tactic of partnering with Google, closing down and converting underperforming stores into distribution fulfillment centers, and focusing on growing stores near… Continue Reading The Future of the Big-Box Industry with E-Commerce
on As driverless cars begin to hit the market and ride share services such as Uber and Lyft continue to thrive in the majority of US cities, developers are beginning to reconsider the parking lot landscape in the multifamily, office, and retail arenas. This shift can be seen even more in retail, however, due to its… Continue Reading Creative Reuse: How Developers Can Take Advantage of Excess Retail Parking Space
on On October 13, 2017, the 35th annual Cornell Real Estate took place at the Pierre Hotel in Manhattan. Over 300 people attended the conference, including students, faculty, and industry professionals. The topic of the conference was “Mega Trends Impacting The Real Estate Industry”. The conference was an attempt to ask the major changes in where… Continue Reading Cornell Real Estate Conference Wrap Up: Morning Panels
on The 35th Annual Cornell Real Estate Conference is pleased to feature Richard Baker (SHA ’88), Executive Chairman of Hudson’s Bay, and Laura Pomerantz, Vice Chairman and Head of Strategic Accounts of Cushman & Wakefield, as part of the How and Where We Shop Discussion. This discussion will examine where the current shift from brick and… Continue Reading Richard Baker, Hudson’s Bay Executive Chairman, and Laura Pomerantz, Cushman & Wakefield Vice Chairman and Head of Strategic Accounts: Cornell Real Estate Conference How and Where We Shop Discussion Speakers
on The dying American Mall has become an all too familiar theme in retail real estate for the past decade. Department store closures and abandoned suburban malls have become synonymous with Class B shopping centers. Out of the approximate 1,200 indoor malls in America, about 400 (or one third) are dying or already dead. What is… Continue Reading Creative Opportunities in America’s Dying Malls
on The electric vehicle market is experiencing massive growth, with the popularity of EVs such as the Chevrolet Volt, the Nissan Leaf, and the Tesla leading the charge. While gas-powered cars rely on one of the hundreds of thousands of gas stations across the nation for refueling their cars, most EV drivers currently use the home… Continue Reading Electric Vehicle Charging Stations for Retail Centers
on Author: Cornell Baker Program in Real Estate (Downloadable PDF) The PDF which can be downloaded to read at your leisure represents the efforts and sacrifices of the entire Real Estate Review editorial staff. However, none of this could be accomplished without the guidance of Dr. Michael Tomlan, Baker Program Director, Dustin C. Jones Esq., and… Continue Reading Cornell Real Estate Review
on With the Spring 2017 Semester coming to a close, the 2018 candidates for the Baker Program in Real Estate have begun to see the fruits of their efforts in securing highly touted summer internships. These internships will solidify, and grow the knowledge base of the candidates gained during their first 2 semesters in Ithaca. Currently,… Continue Reading Summer 2017: Internships for Baker Program 2018 Candidates
on Cornell University’s Center for Real Estate and Finance is pleased to welcome Steven Roth of Vornado Realty Trust as a panelist. Mr. Roth will join Sandeep Mathrani of General Growth Properties and David Simon of Simon Property Group. The moderator will be Richard Baker (SHA ’88) of Hudson’s Bay Company. The panelists will examine how the retail… Continue Reading 2nd Annual Titans of Real Estate: Steven Roth