Retail Real Estate Intelligence
Schuckman Realty Market Update
Monday, May 25, 2026
Top Retail Real Estate Headlines
The world’s largest CRE gathering brought 25,000+ decisionmakers to Las Vegas for three days of dealmaking. New co-located events ICSC+PROPTECH and ICSC+WOMEN IN CRE debuted, drawing buyers from Brixmor, Brookfield, and Kimco.
Sources: The Real Deal — ICSC 2026 Recap | ICSC
Publix takes full control of the 179,000 SF Boynton Beach center (~$436/SF) it already anchors. Seller: Union Investment/Boulder Group. Continues the “retailers becoming owners” trend.
Sources: Commercial Real Estate Direct | Connect CRE | Commercial Observer
Off-market deal from US Properties Group; ~2M SF total. Big-ticket institutional rotation back into shopping centers.
Sources: The Real Deal
71-acre mixed-use with ~220,000 SF retail and 100,000+ SF restaurant space. Major SE Florida pipeline addition.
Sources: Connect CRE
23,000 SF lease via Walton Global. Specialty grocery demand stays hot for new-format centers.
Sources: CRE Daily
Expanding Retailers Watch
New sites in Phoenix, Sarasota, Chicago, Quincy (MA), Farmington Hills (MI), Syracuse, Yonkers, University Heights (OH), and West Jordan (UT). TJ’s now over 600 stores nationally.
Sources: TheStreet | Yahoo Finance
Colonial Blvd & Plantation Rd. Adds to Costco’s confirmed 28-warehouse 2026 push and signals heavy SW Florida growth.
Sources: Yahoo Finance — Costco FL Deal
Part of the 26-store May rollout (FY26 plan calls for 110 net new stores). Off-price junior anchor demand stays aggressive.
Sources: Fox Business
Market & Economic Snapshot
Owners increasingly restricting unaccompanied shoppers under 18 in response to organized teen disruptions. Operational and insurance angle to watch on center management.
Sources: Commercial Observer
The CRC $200M, Costco Ft. Myers, and Publix Boynton deals all closed in the same 7-day window. Pricing for grocery-anchored and necessity-driven centers is firming.
Fed funds rate remains at 3.50%–3.75%; April retail sales (released May 15) showed +0.5% MoM and +4.9% YoY — the macro backdrop into this week is steady. (No new Fed action or major macro print in the past 7 days.)
Kickoff
ICSC just put the whole industry in motion — capital is flowing, grocers are buying their own dirt, and tenants like Trader Joe’s, Costco, and Sprouts are pushing aggressively into new markets.
This is your week to follow up on every ICSC handshake. Have a strong one, Ken.
Sources compiled from: The Real Deal, Connect CRE, Commercial Observer, Commercial Real Estate Direct, CRE Daily, Fox Business, TheStreet, Yahoo Finance, and ICSC.