July 19, 2021

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    Tenants to Watch in the week of July 19th

    Electric Gamebox Preferred Sq. Footage: 4,000 s.f. 12-Month Anticipated Openings: 100 (over two years) The London-based chain that creates interactive gaming centers for malls plans rapid expansion in the U.S. and U.K. with 100 new units in the works and over 1,000 locations planned by 2026. The chain just secured $11M in Series A2 funding More

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    Board of Advisors in the week of July 19th

    We asked: What do you foresee happening with retail tenancy trends and consumer shopping habits in the second half of this year, and why? Michael Hirschfeld – Vice Chairman, National Retail Tenant Services, JLL There is clearly pent-up demand for being out and about, socializing, traveling and seeing friends, and this will positively impact shopping. More

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    Lenders Shop for Retail

    Retail lending is returning to normal levels, especially as businesses are opening back up and consumers have money to spend. Some lenders and investors, however, caution that this boost in spending is only temporary. Select lenders will be slow to return if they were burned throughout COVID-19 but others, especially banks, are quickly re-entering the More

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    Vet Clinics find their Urban Niche

    There are new brands of veterinary clinics popping up in more upscale urban retail spaces, attracting a large number of millennials who are open to pet ownership. During the COVID-19 lockdown, as childless millennials were craving companionship, there was an uptick of pet adoptions, at a rate of 15% more in 2020 than in 2019. More