GlobeStreet reports that Rancho Cucamonga is in the midst of “retail transformation.” Significant population growth has resulted in both residential and retail development in the city, and further demand is expected—including in the vicinity of the Victoria Gardens Mall.
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Retail Development
Lawyering Cashierless Technologies
Brick and mortar retailers are rapidly diversifying checkout and payment methods to combat the erosion of sales to online channels. From self-checkout kiosks, to store-specific mobile applications for payment, scan-as-you-go devices, and even ‘just walk out’ models, retailers are reinventing consumer’s notions of the traditional checkout line. …
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From Digital to Physical: New Considerations for Retail Leasing with the Rise of E-Commerce into Physical Spaces
The rise of e-commerce and the struggle many brick-and-mortar retail stores face is nothing new. Customers are increasingly choosing to shop for clothes, furniture and even groceries from the convenience of their own homes. More recently, however, this shift in the way consumers shop has given rise to new types of retail stores – small showrooms and “pop-up shops.”…
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Retailers Should Ensure Flexibility in Lease Agreements for In-Store Partners
E-commerce and online shopping are here to stay, but the explosion of new technology and the number of resources available to facilitate online shopping is an opportunity for retailers to embrace new ideas and concepts that will increase foot traffic to their physical locations.
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Palm Springs Retail Revitalization Potentially at Risk
Palm Springs, California, is experiencing an economic revitalization; however, this retail revitalization may be under threat, with “retail, recreation and entertainment, and food services” being most at risk. …
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A Unique Situation for a Unique Asset
A mall located in West Los Angeles has been put up for sale by its owner, Santa Monica-based REIT Macerich Co. Although the mall is facing many of the same systemic pressures that other malls are facing nationwide, those are not the only reasons the mall is up for sale.
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Simon Property Settled with NY AG Over Outlet Centers Restrictions
On August 21, 2017, New York Attorney General announced that Simon Property Group settled claims that it used anti-competitive tactics to prevent development of competing outlet centers close to Woodbury Common center in New York.
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Santa Barbara City Council Strikes Back Against Retail Malaise
Recently, the Santa Barbara City Council, in an effort to combat the retail malaise on State Street in Downtown Santa Barbara, has approved a pilot program that would streamline the permit and review process for potential commercial tenants. …
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Developers Advocating for Open-Container Ordinances May Pose Issues for Retail Store Tenants
Retail developers continue to experiment with new concept designs for creating a shopping environment that will bring consumers back to brick and mortar. Along this pursuit to deliver a more attractive retail experience, developers of open-air shopping centers have started lobbying for relaxed open-container ordinances that would enable patrons to explore their retail districts with an alcoholic drink in tow. …
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Why Retail Developers and Tenants Should Reconsider the Use of Detailed REAs
Recently, the Fourth Circuit affirmed a jury award in favor of retailer Lord & Taylor for lost profits in connection with a breach of its reciprocal easement agreement with D.C.-area mall owner White Flint, LP. The court found White Flint’s efforts to redevelop the regional mall into a mixed-use project violated the terms of the REA, which can often be an obstacle to redevelopment plans. …
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