Retail P Kansas
Surviving the retail apocalypse: Polsinelli experts offer a guide

Surviving the retail apocalypse: Polsinelli experts offer a guide

By now, the headlines are familiar: Brick-and-mortar is dying, crushed by Amazon and the ever-growing popularity of online shopping. And the numbers appear to back this up, with more than 5,000 retail stores closing their doors in 2017. When Toys R Us filed for bankruptcy in late 2017, Bankruptcydata.com called it the third-largest retail bankruptcy of all time.

Retail N Illinois
Marcus & Millichap sell Crestwood retail center

Marcus & Millichap sell Crestwood retail center

Marcus & Millichap announced the sale of a 4,800-square foot retail property located in Crestwood, IL. According to Steven D. Weinstock, regional manager of the firm’s Chicago Oak Brook office, the asset—home to T-Mobile, Jersey Mike’s and Sport Clips facilities—sold for $2,423,000.

Retail X Missouri
Newmark Knight Frank bolsters staff by six

Newmark Knight Frank bolsters staff by six

Newmark Knight Frank (NKF) is pleased to announce that six new team members have joined the firm’s expanding Valuation & Advisory practice. John Mackris, Bryan Younge, Gil Licudine, Robert Colantonio, Christopher Jarvis and Shawn Vetter are the newest members of NKF’s Valuation & Advisory practice. Mackris, Younge, Licudine, Colantonio and Jarvis will be based in Chicago and Vetter will be domiciled in St. Louis, Missouri.