American malls are diversifying
Malls have been dying for the past two decades, and property owners are hard at work to innovate these American icons. In 2018, a visit may leave mall goers dumbfounded, as vacant spaces are converted to craft breweries, children’s theaters, and other surprising businesses. As mall management giants spend billions annually to renovate and update their properties, this new wave of unorthodox tenants may not be so surprising after all. We talk about diversifying our tenant base. … We’re referring to reducing our reliance on traditional mall retailers, including department stores, apparel and accessories. Investors and managers alike are crossing their fingers that these changes will mean an uptick in mall stock.
Amazon’s HQ2 Pause Should Force Businesses to Rethink Workplace Flexibility Office Space Expansion
As Amazon decides to pause the construction of its HQ2 project amidst an uncertain economic climate, businesses are forced to grapple with the strategic viability of their workplace and work model. Major tech companies, faced with significant workforce reductions, are reevaluating the need for traditional office spaces and whether it’s a wise decision to consider […]
Metaverse Marketing: Influencer Avatars Open Up Retailers to a Target Generation of Consumers
The Metaverse has been growing since 2020 and is predicted to hit $800 billion by 2024. The Metaverse has always been extremely popular with the gaming industry, but there are more areas where the Metaverse has been proven to generate revenue for companies. Retailers are now expanding and using Metaverse marketing to reach younger generations […]
Sustainable Living: Exploring the Relationship Between Home Development and Trees
On this episode of Building Roots, two of Treenewal’s ISA Certified Arborists, James Allen and Cory Herpel, discussed the importance of taking a proactive approach to maintaining healthy trees in developing communities. They highlighted the need for involving an arborist early in the process, before any construction takes place, to minimize root damage and other […]