Weekly Perl: A Commercial Real Estate News Recap

Marc Perlof • November 21, 2025
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Under Armour restructuring includes split from its biggest star

Under Armour is parting ways with basketball star Stephen Curry as part of a restructuring initiative that includes focusing on its namesake brand. The athletic apparel and footwear company said it plans to separate Curry Brand from Under Armour, ending a partnership “that has redefined performance product and athlete-led storytelling for more than a decade.” Under Armour had long played up its partnership with 11-time NBA All-Star...

A blurry picture of a clothing store with clothes on display.

Retail roulette: How Trump’s tariffs altered buying

Ever-changing tariff rates have introduced uncertainty and confusion for retail buyers. But could they also present an opportunity for new supply chain strategies?


With the Trump administration’s approach to tariffs, yesterday’s price is not today’s price.

Retailers may have found this to be particularly true this year as tariff rates have fluctuated at a pace rarely seen before. The on-again, off-again approach has impacted the ability to predict costs of goods from suppliers retailers have typically leaned on, impacting a buying process that often relies on historical data...


A car is parked in front of a sign that says 223

Expanding retailers face space crunch; Tariffs expected to slow global trade growth; Residential lending conditions ease

Expanding retailers face space crunch

National retailers looking to boost the number of their locations face rising challenges as U.S. retail construction remains limited. Those companies will increasingly be turning to “second generation” spaces vacated by others as conditions favor small formats over big boxes, according to the latest national retail trends report from brokerage JLL...

The front of an aldi store with a sign in front of it.

Home Depot lowers outlook as soft housing market cuts its sales


Saks Off 5th will be closing 10 stores scattered across the United States as its parent, luxury retail giant Saks Global, looks to streamline its brick-and-mortar property.


The off-price chain with 79 locations now has slated nine stores for closing starting early next year, New York-based Saks Global confirmed in an email to CoStar News. A 10th location, at 125 E. 57th St. in Manhattan, will go dark on Dec. 31 as the building that houses it is converted from commercial to residential use. That prompted Saks Off 5th's decision to exit that retail site...

Bombas teams with Leap, Shopify and Simon for brick-and-mortar expansion

Direct-to-consumer sock brand Bombas continues its push into physical retail.



Best known for its comfortable socks and “buy one, donate one’ business model, Bombas has opened third-ever retail location, at The Domain in Austin, Texas. The opening follows the October debut of the brand’s first-ever stores, at Town Center in Boca Raton, Fla., and New York City. All three stores offer the company's full product assortment, which has expanded beyond socks to include underwear, T-shirts, slippers, slides and more...


Burlington to fill empty Modell’s space in Westchester County

Post Road Plaza in Pelham Manor, N.Y., is once again fully occupied.


Burlington Stores has signed lease for a 30,500-sq.-ft. space at the center that was vacated by Modell’s in 2020, and Gloss Nail Bar & Lash closed on a 3,500-sq.-ft. space. Post Road Plaza sits across the street from a BJ’s Wholesale Club and serves high-income Westchester residents as well as customers from the nearby Bronx...

Retail Analytics Drive Smarter Site Selection In Crowded Markets

For brands like Chipotle, with 50+ Manhattan locations, the challenge isn’t entry—it’s optimizing within a saturated market. Kenneth Hochhauser, EVP at RTL, says every new site must be backed by rigorous data analysis to justify its value, reports GlobeSt. This is especially true in dense urban environments...


By Marc Perlof May 22, 2026
Retail Real Estate Leaders Brace for Inflation Risks Retail real estate professionals arrived at ICSC Las Vegas this week with leasing momentum still intact, but economic anxiety creeping into conversations across the industry’s biggest annual gathering. Executives interviewed by CoStar News said resilient consumer spending and active retailer demand continue to support the sector, even as inflation, fuel prices, and global instability cloud the outlook for the second half of 2026...
By Marc Perlof May 18, 2026
By Marc Perlof | MarcRetailGuy CA #01489206 May 18, 2026 If you own retail real estate, here’s what just changed for you. In some situations, removing the price can lead to stronger offers. This approach allows the market to determine value instead of limiting it upfront. When used correctly, it can create competition and improve your outcome. More retail properties are being marketed without a price. Brokers are using offer-driven strategies to let buyers compete based on their own assumptions. What is causing it? Differences in buyer expectations and uncertainty in valuation are driving this shift. In many cases, investors and developers value the same property differently, especially when there is upside or redevelopment potential. How does removing the price affect your value? Removing the price can eliminate the ceiling. Buyers are not anchored to a specific number, which can lead to stronger offers when demand is present. When multiple buyers are involved, this approach can create competition and push pricing higher. What is the risk? If demand is limited, offers may come in below expectations. This often happens when the buyer pool is thin or when the property has uncertainty, such as a short lease term, tenant risk, or redevelopment challenges. When should you use Request for Offers? Use it when there is strong demand and the property is expected to attract multiple buyers. Even in these situations, active buyers and brokers will often ask for pricing guidance or a whisper price to understand where the seller expects the deal to trade. When should you use a more flexible approach? Use submit offers when you want flexibility and are testing the market. This approach allows you to respond to buyer feedback while still maintaining control of the process. Some properties are marketed without a price because the broker does not have a clear view of value. That is not the same as a strategy. When used correctly, removing the price is intentional and supported by buyer demand, positioning, and a defined process. Without that structure, it can create confusion and weaker results. We are seeing strong assets generate multiple offers with this approach, while weaker deals struggle to gain traction without pricing guidance. This strategy is not about avoiding a price. It is about allowing the market to define it when the conditions support it. If you need context, review Part 2: “Should You List Your Retail Property With an Asking Price?” In next week’s final article, read “How Strategic Underpricing Can Increase Your Retail Property Sale Price” (Part 4) , including one approach many owners overlook. If you are considering an offer-driven strategy, reach out before going to market. I will help you determine if your property can support it and how to structure it properly. Call or DM me for more information. Would removing your price increase your value or create uncertainty? Based in Los Angeles. Serving Southern California. Active across California. Advising clients nationwide. #RetailRealEstate #CRE #InvestmentProperty #CommercialBroker #LosAngelesRealEstate #NNN #RetailInvesting #PropertySales
By Marc Perlof May 15, 2026
CPI surged in April as inflation soars to highest level in almost 3 years Inflation accelerated in April to an annual rate of 3.8%, the highest since May 2023, as the Iran war pushed up energy costs and raised prices across the economy. By the numbers Economists predicted inflation would jump to 3.7% on an annual basis, up from the 3.3% reading in March, according to a FactSet poll.
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