MERCI

commercialobserver | June 03, 2019

The RealReal will be relocating from Century City to Exposition Place 3317-3325 in the Exposition Place District of Los Angeles, according to a release from Newmark Knight Frank, which represented both parties in the transaction that closed last week. The luxury online consignment company will be pulling up stakes from 1901 Avenue of the Stars and occupying the entire 29,690-square-foot creative office conversion by September. The upcoming relocation is part of larger moves by the resale e...

commercialrealestate | October 09, 2019

ASX-listed Elanor Retail Property Fund has opted to divest a $130 million portfolio of smaller malls after completing a strategic review of its portfolio. The review divided the listed trust’s overall holdings into a $202.8 million two-asset “value-add” portfolio and a $129.2 million group of five malls designated its “income assets”. The fund will embark on a sell-down of the so-called “income assets” before the end of this year and will recycle the pro...

trtworld | January 13, 2020

Lindsey Vonn was among the luminaries on hand last month to christen "Big Snow," North America's first indoor ski facility, part of a new $5 billion mega-mall in New Jersey. For about $30, consumers can ski for two hours on a 300-metre hill of man-made snow, the glare of the sun replaced by a metal ceiling in a venue that will be kept below freezing even in the dog days of August. Big Snow is a flagship experience at the partially opened "American Dream," an ambitious, lo...

supplychaindive | January 13, 2020

Fabric, the robotic micro-fulfillment technology company formerly known as Commonsense Robotics, will open at least two new fulfillment centers in Manhattan in 2020, the company's Chief Commercial Officer Steve Hornyak told Supply Chain Dive at the National Retail Federation's Big Show in New York City on Sunday. Both facilities will serve multiple, yet-undisclosed, non-grocery clients. The first micro-fulfillment center will be located in Brooklyn, New York and open in the first quarter...