Best Real Estate Deals of 2015: REI Uline Arena
REI flasgship in D.C. is a top real estate deal of 2015. Outdoors outfitter REI wasn’t even planning to open one of its rare flagship stores in the District when it set out on a D.C. real estate search more than three years ago. It was thinking of doing something perhaps a little larger than its nearby suburban stores — Greater Washington had been a good market for the Kent, Washington-based brand, after all — but not a flagship, of which there are only four others in the country…
How Luxury Movie Theaters Are Transforming DC’s Retail Market
The experience of going to a crummy old movie theater and choosing between giant sodas and giant candies hasn’t exactly helped to stem the tide of movie watchers preferring to stay home to catch a flick. But developers are banking that a far better moviegoing experience will help reverse the trend…
Last Night at the CREBA Awards
Last night, CREBA held its 34th annual awards ceremony at the Capital Hilton in downtown DC. Especially when the night’s big winner, Cushman & Wakefield vice chairman Spencer Stouffer, took home the Brendan McCarthy Memorial Award. Spencer is a four-time CREBA top broker winner for NoVa—including this…
High-end Discount Department Store makes it Official for DC
It’s official: Saks Fifth Avenue Off 5th is coming to 555 12th St. NW, joining a fellow discount luxury offering, Nordstrom Rack. Dave Dochter of Dochter & Alexander Retail Advisors confirmed Saks will take a little less than 34,000 square feet in the building, most of which was formerly home to ESPNZone…
This Five-person Firm Is Changing The Way Dc Does Retail
Since branching off from Cushman & Wakefield to launch their own retail brokerage firm—Dochter & Alexander Retail Advisors—Dave Dochter (right) and Matt Alexander (left) have signed several new deals—including REI to Pike & Rose in Rockville and Uline Arena…
What the Experts Got Right and Wrong in their 2015 Predictions
While no one has a crystal ball, it doesn’t stop us from trying to predict the future. Just for fun, let’s go over a handful of real estate forecasts made last year by leading commercial real estate firms and experts and see how things actually panned out. Prediction: There will be no…
In Silver Spring, the Long, Difficult Business of Saving a Mall
You don’t have to look far to find a developer that’s decided it’s time to give up on the mall business.Owners of a string of local malls decided it’s time to go in another direction in recent years as big box stores and online shopping ate away at their base of shoppers…
What You Need to Know About the DC Retail Market
While the multifamily and office markets are both making plenty of noise, no market in DC has been as consistently excellent over the past handful of years than retail and food. That’s why we’re excited to present our DC Restaurant and Retail event on Oct. 27 at the historic Howard Theatre…
Barnes and Noble Closing its last non-college store in DC
Big box bookseller Barnes & Noble will close its last bookstore not on a college campus in D.C. come winter, when it shutters its store at 11th and E streets NW.The 32,000-square-foot store follows the closures of several other large bookstores in the District in recent years: Barnes & Noble’s Georgetown store…
REI to Open a New Large Store in the Region; H&M May Follow
Popular outdoors outfitter REI will open a 35,000-square-foot store at Pike & Rose, the new mixed-use development from Federal Realty on Rockville Pike at Montrose Parkway. The store will be a relocation: REI will move its existing Rockville store at 1701 Rockville Pike to Pike & Rose…