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Sarah Daniels

Commercial Growth in Moreno Valley

by Sarah Daniels May 11, 2022

Successful companies looking to expand their brand know there is one location in Southern California that consistently beats the rest: the City of Moreno Valley. There’s a reason that companies like Sprouts, Raising Cane’s, Texas Roadhouse, Hilton, Capriotti’s and WoodSpring Suites are expanding in the city. They are supported by Moreno Valley’s second-to-none pro-business environment, a skilled and motivated workforce, strategic location and affordable lease rates. Fortune 500 and international companies are thriving in Moreno Valley, and here’s why. Location, Location, Location Situated at the junction of SR-60 and I-215, …

May 11, 2022

Features Industry Content Malls Marketing Operations Power centers Retail Insight Retailers

Prop Tech Refocused: Data Collection to Create Retail Community

by Sarah Daniels May 10, 2022

The popularity of property technology (prop tech) has expanded rapidly as retail owners and operators look for chances to streamline and improve their properties via data collection. However, says Sandy Sigal, president and CEO of NewMark Merrill, the hardest part of making prop tech useful isn’t collecting data. “The hard part about implementing prop tech successfully is making sure that the data is understandable, actionable and can be used by a wide array of people. It’s easy to be overwhelmed with data, and it can be very hard to draw …

May 10, 2022

Necessity Retail open-air and single-tenant service properties

Features Finance Industry Content Leasing Retail Insight Retailers

America’s Shopping Patterns Turn Suburban

by Sarah Daniels May 9, 2022

The Necessity Retail REIT, Inc. has closed on the acquisition of 77 open-air shopping centers and two single-tenant service retail properties as part of a previously announced 81-property, $1.3 billion portfolio acquisition. A strategic rebranding in February from American Finance Trust reflects a continuing focus on the shopping habits of today’s consumer, says Michael Weil, CEO of The Necessity Retail REIT, Inc. “Where America Shops.” And where America shops, according to Weil, is in the suburbs. “Whether they’re on their way home from work or taking the kids to school, …

May 9, 2022

Development Economic Development Entertainment Features Industry Content Retail Insight

City of Murrieta Fosters Retail Growth, Especially in Experiential Sectors

by Sarah Daniels May 5, 2022

The city of Murrieta is a city on the grow — and for this area, the process of developing means expanding and deepening retail offerings, many of which are in the realm of experiential retail. The city is seeking to make a name for itself as it expands its offering for its residents and attracts visitors interested in family friendly fun, dining experiences and resorts that cater to relaxation. Located in Southwest Riverside County between Los Angeles and San Diego, Murrieta has a population of more than 118,000. The city …

May 5, 2022

Shaun Riley tenant retail investment quote

Content Partners Faris Lee Investments Features Industry Content Investment sales Net lease Retail Insight Retailers

Faris Lee: Retail Presents Attractive Opportunities Post-Pandemic

by Sarah Daniels May 4, 2022

Multifamily and industrial may be the hottest product types for investors in today’s current market, but Jeff Conover and Shaun Riley, managing principals at Irvine, Calif.-based Faris Lee Investments, believe retail presents the optimum opportunity for achieving strong cash-on-cash yields for investors. “It comes down to one thing,” explains Conover. “Higher yield.” Triple-net leases also mean expenses get passed down to the tenant. Speaking of tenants, Riley notes that tenant rosters are stronger than ever nowadays. The pandemic culled the herd a bit, so to speak, but the tenants who …

May 4, 2022

Content Partners Faris Lee Investments Features Finance Industry Content Investment sales Net lease Retailers

Retail Investment Strengths Expected to Continue in 2022

by Sarah Daniels January 18, 2022

A new influx of money taking aim at the retail sector made 2021 a strong year for investment sales in the category. Factors like continued inflow of capital, attractive yields, reduced fears about the disappearance of the 1031 exchange and the opportunities for deals indicate that 2022 will likely follow in 2021’s footsteps as a high-performing year. Don MacLellan, managing principal at Faris Lee, explains that since the beginning of the third quarter of last year, the company has seen a significant inflow of capital interested in retail investment properties, …

January 18, 2022

Content Partners Features Industry Content Leasing Malls Operations Power centers Retailers

Tech Offers Insight for Shopping Center Owners Looking to React to Consumer Data

by Sarah Daniels October 12, 2021

“Retail has one very serious advantage as an asset class — it provides a lot of data. However, very few people actually look at the data,” says Sandy Sigal, president and CEO of NewMark Merrill. Historically, gathering data required landlords and managers to physically visit sites, and data insights would likely have been skewed based on time of day for the visit, momentary traffic variables or incomplete sales reports. Today’s technology automatically captures much more complete data related to consumer demographics and behavior patterns. For today’s shopping center owners, the …

October 12, 2021

Richard Chichester Spending, Stimulus, Stagflation

Content Partners Faris Lee Investments Features Industry Content Leasing Malls Mixed-use Retailers

Retail’s Current Watchlist: Spending, Stimulus, Stagflation

by Sarah Daniels June 16, 2021

Retail, when it really boils down to it, is dictated by the almighty dollar. This, of course, means those who hold those dollars are in control. Consumers have been on quite the wild ride over the past 16 months, and sitting up front with them is the retail industry. “Brick and mortar will come back, but it’s going to come back differently,” says Richard Chichester, president and CEO of Irvine, Calif.-based Faris Lee Investments. “There is pent-up demand after a year of being shut down. The pandemic accelerated the emphasis …

June 16, 2021

Development Malls Properties Retailers Texas Videos

Grandscape Texas Mixed-Use Development Project to Cover 3MSF

by Sarah Daniels November 23, 2020

The Colony, Texas — Located in the rapidly growing suburbs of Northern Dallas, Grandscape is currently one of the largest mixed-use development projects in the U.S., occupying more than 400 acres in The Colony, Texas. At full build-out, Grandscape will boast over 3 million square feet of retail, entertainment, dining, residential, office and attractions. Phase one of the lifestyle center is open and includes such attractions as the country’s largest home furnishings store, Nebraska Furniture Mart; entertainment anchors, Andretti Indoor Karting & Games and Galaxy Theatres; and the all-sports store, …

November 23, 2020

Finance Grocery-anchored Industry Content Restaurants Retailers Videos Webinar

Webinar: Will Southeast Retail Investment Activity Bounce Back in 2021?

by Sarah Daniels November 19, 2020

Shopping Center Business and Southeast Real Estate Business hosted “Southeast Retail Investment Outlook — Will Retail Investment Activity Bounce Back in 2021?” A panel of retail experts covered topics like the lending atmosphere, impacts of e-commerce and tenant types likely to expand or contract. Buyer pool shifts, seller considerations in regards to timing and the outlook for grocery-anchored spaces are all reviewed and considered. Plus, how might the presidential and congressional elections alter investment activity in 2021 for the Southeast’s top retail markets? Register and listen to learn from a panel of retail professionals …

November 19, 2020

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