June 16, 2017

T-Mobile heads to Levee District retail center in Peoria

A new multi-tenant retail property is under construction in East Peoria’s Levee District, according to a statement from Cullinan Properties. The multi-tenant building located at 4015 Spinder Drive will house a T-Mobile store. The Target-anchored shopping center is already home to a diverse mix of local and national retail, restaurant, service and medical tenants. Some…
June 5, 2017

To survive as a brick-and-mortar retailer today? Value pricing and experiences are key

If a bankruptcy judge agrees, Payless Shoes will close 800 stores across the United States this year. Michael Korrs, a maker of luxury handbags, will close more than 100 stores. Children’s clothing store Gymboree looks poised to file for bankruptcy protection soon. So far, 2017 has been a bad year for brick-and-mortar retailers. Don’t expect…
May 25, 2017

Amtrak selects developer for $1B Chicago Union Station project

Mayor Rahm Emanuel and Amtrak CEO Wick Moorman announce the selection of a developer for the Chicago Union Station. | Office of the Mayor Amtrak selected a team led by Riverside Investment & Development to develop commercial elements of the Chicago Union Station, according to a statement from the mayor’s office. “This agreement will generate…