Costco to open first Buffalo-area store in Amherst Costco Wholesale will open its first local store in Amherst along the busy Niagara Falls Boulevard corridor, Supervisor Brian J. Kulpa said Wednesday afternoon. The international warehouse retail chain signed a lease with Benderson Development Co. on Wednesday to take over the former site of Tony Roma’s restaurant […]
How warehouses are taking over the U.S. For every Cyber Monday purchase, there is a warehouse employee packing up those soon-to-be presents. The big online shopping holiday comes amid a warehouse shortage across the United States as distribution center vacancy rates are at all-time lows. Nearly 96% of existing industrial space is in use, according […]
Top 10 Things To Watch In Commercial Real Estate In 2022 The year ahead is likely to see further improvement in commercial real estate markets as the economy continues to recover from the Covid-19 pandemic. There are both upside and downside risks to the outlook. Here are the top ten developments to follow, ranked in […]
Dollar Stores, Big Lots, Off-Pricers Will Open Thousands Of Stores In 2022 As the new year starts, several large national chains say they plan to cumulatively open thousands of new stores over the next 12 months, a remarkable sign given all the doom and gloom about physical stores. (Very few of them, by […]
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2022 Commercial Real Estate Vision Experts say it will be another good year, with caveats. You’d be forgiven for gaining a case of whiplash moving from 2020 to 2021. Disaster—a seemingly closed economy, crashed supply chains, tight labor availability, and many millions out of work—turned into rising values, some hot sectors, and rising rents and […]