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Commercial Real Estate News for Tuesday, November 29

Good afternoon. Enjoy these two articles detailing commercial real estate happenings today.

IKEA to Buy 31 Acres for SA-area Location

IKEA plans to buy land in San Antonio as part of it’s vision┬áto “fill in the middle of the country with a little bit of Sweden.” A spokesman for the company said the company had been looking at the area for over half-a-decade.

How the Strategic Opening of Retail Stores Can Revitalize City Neighborhoods

An excellent case-study in the positive effects that new retail stores can have on communities. The article focuses on Chicago neighborhoods that are experiencing a ‘hot-streak’ after a successful business broke ground.