Shinsegae to Expand Factory Store, Strengthen Off-Price

Jul 2, 2026

Shinsegae relaunched its Gangnam Factory Store after a renovation growing it from ~1,090 to ~1,388 sqm, and is expanding the format to 23 domestic locations.

Retail Seoul South Korea Asia-Pacific

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Lotte Hotel Unveils First High-End Brand in 9 Years

Lotte Hotels & Resorts unveiled 'The Grand Lotte,' debuting at the renovated main building of Lotte Hotel Seoul, its first high-end brand launch since 2017.

Hospitality

Seoul

South Korea

Posted today·Published Jun 24, 2026Read

REBusiness Online

Western Centers Sells Three-Property Retail Portfolio in Metro Denver for $30.3M

PARKER, AURORA AND LITTLETON, COLO. — Western Centers Inc. has sold a three-property retail portfolio in metro Denver to local investment firm CentrePoint Properties for $30.3 million. The portfolio includes the 56,000-square-foot Cottonwood Square in Parker, the 26,000-square-foot Bristol Pointe in Aurora and the…

Capital MarketsRetailU.S. NationalDenver

Posted today·Published Jul 17, 2026Read

Connect CRE

Marcus & Millichap Brokers Sale of Net-Leased Storming Crab Restaurant in Rockford

Marcus & Millichap announced the sale of a net-leased restaurant property occupied by Storming Crab in Rockford, Illinois. “This offering generated significant investor interest due to the property’s strong operating performance, prime location and the limited supply of comparable retail assets in the market,” said…

Capital MarketsRetailU.S. NationalIllinois

Posted today·Published Jul 17, 2026Read

Bisnow

Verizon To Sell 274 Retail Locations, Lay Off 500 Office Workers

Verizon is shrinking its corporate-owned retail footprint and laying off roughly 500 office employees, a year after it kicked off a broader corporate restructuring.

Capital MarketsOfficeRetailU.S. National

Posted today·Published Jul 17, 2026Read

EdgeProp SingaporeNews

Rare trio of freehold Chinatown shophouses launched for sale

Three adjoining freehold conservation shophouses in one of Singapore's most tightly held heritage precincts are up for sale via Expression of Interest (EOI). Positioned along the vibrant Smith Street, the combined asset brings together a rare combination of scale, immediate income and long-term investment value…

RetailSingaporeAsia-Pacific

Posted today·Published Jul 17, 2026Read

Commercial ObserverNews

Bakery Shop Cafe Aroma to Open New Spot on the Upper East Side

Time to rise and grind, Upper East Siders, as a new coffee shop and bakery is set to open at Avenues Equity Partners’ 1410 Madison Avenue in Carnegie Hill. Family-owned coffee shop and bakery Cafe Aroma has taken 2,200 square feet of retail space at the base of the five-story residential building, according to…

Capital MarketsRetailU.S. NationalNew York

Posted today·Published Jul 17, 2026Read

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