How landlords, brokers and lawyers can help retailers stay alive. Despite the hyperbolic headline-grabbing hysteria ringing the death knell of stores, the retail industry is very much alive. For as long as mankind breathes, we will need supplies. Humans are hardwired to shop. Consumerism, as examined through the periscope of history, is really just an elevated form of our pre-civilization survival skills of hunting and gathering. We collect, we acquire, we devour, we display. Understanding how we shop today requires reflecting on how we have shopped during other times in …
Camren Skelton
Retail real estate has more than just a slight emphasis on the property portion of the retail landscape. Since most shopping center players have had that part of the equation down pat, many of these real estate experts are now focusing on their counterpart. They’re ramping up their online, social media and other technology-driven strategies to create a well-rounded omnichannel approach that caters to a wide array of customers. This hasn’t taken the focus off brick-and-mortar storefronts, however. Not by a long shot. While it is true that the internet …
Ralph J. Conti, principal and managing member of Atlanta-based RaCo Real Estate, is a development partner on Celebration Pointe, a 1-million-square-foot, mixed-use development in Gainesville, Florida. The 160-acre project includes office and residential components, along with a barrage of retail, restaurant and entertainment offerings that continue to roll out on a regular basis. Retail Insight sat down with Conti recently to discuss the future of retail development and whether we will see more mixed-use projects with diversified retail offerings in the near future. How can shopping center landlords and tenants …