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Sarah Daniels

Glendale California Retail Hub Pulls in Merchants, Customers

by Sarah Daniels May 11, 2023

Less than 10 miles north of Downtown Los Angeles is Glendale, Calif., a city with nearly 200,000 residents and an enviable location if you’re a retailer. “Within a 10-mile radius, we have access to more than 2.5 million people,” says Soua Vang, deputy director of economic development for the City of Glendale. “We are strategically located within the LA marketplace, just minutes away from some of Southern California’s most popular destinations.” If you’re a visitor, those popular destinations may include the Griffith Observatory, the Hollywood Walk of Fame or Universal Studios. …

May 11, 2023

Features Finance Industry Content Leasing Malls Mixed-use Power centers Retail Insight Retailers

Buyers Have Reasons to Buy, Sellers Just Need to Sell

by Sarah Daniels May 10, 2023

Margaret Caldwell, managing director and senior vice president at Northmarq in Atlanta, thinks this is a great time to be a retail owner. The only problem? Sellers do too. “The biggest challenge is the small supply of retail in this market,” she says. “Sellers are very hesitant to sell, even though the ones who are selling are experiencing great results and achieving their pricing.” Caldwell notes that in the Southeast there has been a slight change in pricing of around 50 basis points over the past year or so. However, …

May 10, 2023

Features From The Magazine

Placemaking Is At The Heart Of Retail Redevelopment Projects

by Sarah Daniels May 8, 2023

Owners are incorporating new uses and tenants that help foster an environment where consumers want to linger. The future of retail has been questioned many times in the last few years, but the sector continues to evolve and overcome the obstacles that arise. Today’s consumers want a gathering place to dine, drink and be entertained, especially after the isolation and stay-at-home mandates they endured throughout the pandemic. With that in mind, owners are redeveloping many underutilized retail properties into new concepts that invigorate the towns in which they reside. Take …

May 8, 2023

Sandy Sigal NewMark Merrill Communication Retail

Economic Development Entertainment Features Industry Content Malls Marketing Operations Power centers Retail Insight Retailers

Communication Is Key to Success in Today’s Retail Environment, Complementing Data Analysis, Localized Approaches

by Sarah Daniels May 8, 2023

Sandy Sigal, president and CEO of NewMark Merrill in Calabasas, Calif., thinks it’s about time we update the real estate adage, “If you build it, they will come.” In a market grappling with online shopping, inflation, high interest rates and more, Sigal believes the real advice today is, “If you communicate, they will come.” This sort of high-level communication shouldn’t just apply to the public but also to a retail landlord’s merchants and company employees. An elevated approach to sharing information means a wealth of accessible data to help NewMark …

May 8, 2023

Economic Development Entertainment Features Industry Content Leasing Restaurants Retail Insight Retailers

Moreno Valley Promotes Commercial Growth

by Sarah Daniels May 4, 2023

One location in Southern California consistently wins out when it comes to successful companies looking to expand their brand: the City of Moreno Valley. Companies like Sprouts, Raising Cane’s, Texas Roadhouse, Hilton, Capriotti’s and WoodSpring Suites are developing and growing here, supported by Moreno Valley’s stellar pro-business environment, strategic location, affordable lease rate and a skilled and motivated workforce. Fortune 500 and international companies are thriving in Moreno Valley, and the reasons why are clear: location, growth and retail incentives within the hottest market in Southern California. Moreno Valley Offers …

May 4, 2023

Davon Barbour Comprehensive Approach to Retail Strategy New Orleans

Economic Development Entertainment Features Industry Content Marketing Operations Retail Insight Retailers

New Orleans District Promotes Comprehensive, Celebratory Approach to Retail Strategy

by Sarah Daniels May 3, 2023

Laissez les bons temps vendre! Let the good times retail! The Downtown Development District of the City of New Orleans (DDD) is tasked with developing retail in the Canal Street area, a zone bounded by Iberville Street, the Pontchartrain Expressway, Claiborne Avenue and the Mississippi River. The DDD brings a comprehensive approach to attracting a diverse offering of retailers and restaurants to this stretch most famous as the site of Caesars Superdome. And DDD has a strategy like no other to accomplish its goals, a strategy that includes attracting retail, …

May 3, 2023

Don MacLellan Seller Buyer Retail Motivation

Content Partners Development Economic Development Faris Lee Investments Finance Industry Content Investment sales

Key Variable Moving Forward in Today’s Market? Motivation from Both Sides

by Sarah Daniels December 6, 2022

Motivation is one of the prime drivers in any market cycle. Some markets are affected by interest rates and others by inflation. One way or another, however, a retail investment and its returns need to provide an investor a reason to stay active regardless of the state of the market. Scott DeYoung, senior managing director at Irvine, Calif.-based Faris Lee Investments, notes that for sellers in today’s market, it can all come down to timing. “There will always be transactions because every investment has a horizon,” he explains. “There is …

December 6, 2022

Faris Lee Interest Rates Jeff Conover_rev

Content Partners Faris Lee Investments Finance Industry Content Investment sales Marketing Net lease

Today’s Pricing Strategy is a Mix of Art, Science

by Sarah Daniels September 20, 2022

There will always be a tug-of-war between retail buyers and sellers — or, really, buyers and sellers of any kind. Both parties want to achieve the best price, but that number looks quite different depending on their side of the table. Though every asset is different, in many ways pricing is made easier based on whether it’s a buyer’s or seller’s market. But what about those transition times? The ones where a market has crested or dipped and is going the other direction? “Pricing today is a little bit of …

September 20, 2022

Conference Coverage Content Partners Features Finance Industry Content Learn from Industry Leaders Net lease Retail Insight Videos

Stan Johnson Company: Net Lease Retail — Investment Opportunities in the Face of Changing Market Conditions

by Sarah Daniels June 6, 2022

Where are the opportunities in today’s single tenant net lease (STNL) market? The ever-changing nature of today’s retail environment has placed an emphasis on finding the best properties, while compressed cap rates and rising interest rates have created obstacles for investors looking for yield. Rent increases, tenant types, lease timelines and risk tolerance are all on the minds of established investors in the market as well as those looking to enter the arena for the first time. Regarding the new tenant entries to the net lease market, Curtis Hodges, senior vice …

June 6, 2022

Conference Coverage Content Partners Features Finance Industry Content Investment sales Learn from Industry Leaders Retail Insight Videos

Taylor Street: Net Lease Opportunities: STNL Deals, Multi-Tenant Outlook, 1031 Exchange Landscape

by Sarah Daniels June 3, 2022

Where does net lease stand at the moment? As cap rates compress for single tenant net lease (STNL) deals, investors are expanding their outlooks to find retail opportunities. Multi-tenant centers, particularly three-to-five-tenant strip centers, are the property types currently appealing to Jake Baratz, sales manager & vice president of retail at Taylor Street. These traditionally second-tier net lease options are now garnering a second glance from STNL buyers and 1031 exchange buyers, especially for assets with strong tenants, long-term leases and good cashflow. Baratz sees increasing numbers of 1031 buyers …

June 3, 2022

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