Weekly Perl: A Commercial Real Estate News Recap

Marc Perlof • January 17, 2025
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The front of a joann handmade happiness store.

Joann files for bankruptcy protection — again; seeks buyer


Joann has filed for Chapter 11 bankruptcy protection for the second time in less than a year. 

A man and a woman are standing in a shopping mall.

These retailers could file for bankruptcy in 2025


From At Home to Guitar Center, here’s who’s most at risk in the year ahead.

A store is closing and everything must go

World’s Largest Retailer to Shutter Nearly 450 American Stores – Any in NY?


A retailer larger than Walmart, Dollar General, and even McDonald's is getting ready to close over 400 stores nationwide. Is your store on the chopping block?

A purple and yellow building with the word cosmos on it

McDonald’s Beverage Spinoff CosMc’s to Focus on Compact, Digitally Focused Designs


Three larger restaurants will close and two smaller prototypes will open this year.

The front of a chuck e cheese restaurant with a mouse on the sign.

Chuck E. Cheese’s Modern Spin Kickstarts a Bold Resurgence

After a bankruptcy five years ago, the brand is fully refreshed and ready to meet all customer demands.

A green joann store with a fire hydrant in front of it.

Joann closes smattering of locations across US

The stores are being shuttered as part of “routine store location evaluation and optimization,” according to a company spokesperson.

A woman is walking down the street with shopping bags.

8 retail trends to watch in 2025


Each year brings unique headwinds and tailwinds. From increased attention on DEI efforts to the shifting nature of DTC, this is what we’ll be following in 2025.

The front of a big lots store with a blue sky in the background

Done Deal: Big Lots closes sale to Gordon Brothers Retail Partners


Big Lots has completed a deal that will save up to 400 of its approximate 950 stores from going out of business.

By Isaiah Angeles April 25, 2025
Council wants Downtown entertainment zone to be ‘bigger, broader better’ City Council members unanimously directed staff to develop a more ambitious entertainment zone for the Third Street Promenade this week, rejecting a limited pilot program in favor of a permanent, seven-days-a-week allowance for open container alcohol consumption throughout the area.
By Isaiah Angeles April 18, 2025
The Unintended Consequences of Measure ULA We present evidence suggesting that Measure ULA has reduced higher-end real estate transactions in Los Angeles. Since Measure ULA was enacted, the odds of a Los Angeles property selling at a price above its tax threshold have fallen by as much as 50%. In raw terms, this sharp decline occurred across all types of properties, but our strongest evidence suggests it was particularly pronounced for non-single family transactions, which fell by 30-50%.
By Marc Perlof April 11, 2025
Sam’s Club in big store remodeling and expansion move Sam’s Club is ramping up its expansion along with its investments in existing stores. 
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