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Commercial Real Estate News for Friday, November 4

Happy Friday! Enjoy these five articles on the state of the commercial real estate market.

What are the Advantages and Drawbacks of Real Estate Interval Funds?

Interval funds are becoming a more popular choice among real estate investors. Interval funds usually offer higher returns…at the expense of daily liquidity.

Marian Center in St. Francis to be Razed, Replaced by Convent

The Sisters of St. Francis of Assisi plan to bulldoze a handful of connected buildings and build a convent in their place. The buildings had become unpractical to maintain and pay for, said the organization.

Triangle Area Developers Join in on $32 Million Coastal Mixed-Use Project

The largest retail and commercial project in Leland, NC in 20 years has broken ground! Harrington Village will include a 309-unit apartment complex and a 30,000 sq. ft. commercial project.

Sprouts Farmers Market Coming to East Memphis

Sprouts Farmers Market is moving into a corner location vacated by their rival Kroger. The building permit is valued around $2.5 million.

Here’s Where Houston Stands as a National Retail Market

Houston’s retail is stronger than ever, but across the nation the market is struggling. To combat the downturn, retailers are encouraged to take an “omnichannel” approach – selling both online and in-store.