DID YOU KNOW ?
Rick Caruso, you know, the guy with the gigantic yacht often anchored in Emerald Bay….. He is developing Palisades Village, a new 125,000sf outdoor 'mall' in an attempt to re-conceive the shopping center at a time when retail is being redefined by digital. The Village is designed to look and function like a small town, albeit one where the sodas are small-batch draft, the bakery is gluten-free, and there’s a space for the annual 60-foot Christmas tree. There are a grocery store, a 5-screen movie theater (named Bay Theatre for a local establishment that closed in 1978) and eight luxury apartments. There is even leasable office space. The aim was to make shopping more of an experience, featuring stores with a localized flavor. (WSJ) DID YOU KNOW ?
The most damage from hurricanes doesn't come from wind....it's the water that is much worse. The water damage continues well after the hurricane has passed. Flood insurance is important for most properties. DID YOU KNOW ?
Retail sales between November, 2017 and January, 2018 climbed 5%, totaling $1.05 trillion. This year they are expected to rise another 5 - 5.6%. E-commerce sales are expected to rise as much as 22% through the holidays. (CNBC) Go Retail…. Check out 1370 S Coast Hwy….It is a great Retail space…