Features

Kansas City Power and Light District

From the outside, the story of the Kansas City Power & Light District seems like a familiar one: an urban revitalization fueled by a succession of development milestones. Looking closer — and talking with people who have been a part of the journey — reveals something much more interesting — even remarkable. Today, as the project celebrates its 15-year anniversary, the $1 billion mixed-use district that received the Urban Land Institute Award of Excellence in 2009 isn’t just going strong, it’s reaching new heights. In the process, the Power & …

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"Inside the Restructuring of a Retailer" webinar panel

The Feb. 27 Shopping Center Business webinar “Inside the Restructuring of a Retailer” detailed early warning signs for retailers in distress, as well as decision-making processes and strategies to restructure inside or outside of Chapter 11. What is needed for a successful restructuring? What kind of roles do firms retained in bankruptcy cases play in arranging prep work, navigating competing stakeholder agendas and arranging critical payment dates and short-term liquidity management? Learn more from this brief one-hour discussion that covers both the headlines and the behind-the-scenes process of restructuring for retailers. Register here to …

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Converting-Experience-to-ROI_EEE

Los Angeles — With interest rates and inflation being what they have been, it’s no surprise that money was one of the top concerns – and topics of conversation – among panelists at InterFace Conference Group’s Entertainment Evolution Experience (EEE), which was held at the J.W. Marriott at L.A. Live in Downtown Los Angeles on February 6 and 7.  “The commonality is we’re all here to make money,” said Paul Kurzawa, COO of CenterCal Properties and moderator of the “Converting Experience to ROI — Making Sense of Sensory in Real …

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Benjamin-Calleja_EEE-keynote

Brick-and-mortar spaces aren’t the only areas where consumers exist nowadays. There’s the omnichannel approach that includes online shopping, yes, but today’s forward-thinking landlords and tenants know that the digital sphere is the next great conquest. This was one of the primary arguments made at InterFace Conference Group’s Entertainment Evolution Experience (EEE), which was held at the J.W. Marriott at L.A. Live in Downtown Los Angeles on February 6 and 7.  “Consumers are back and looking for experiences, but it really has to mean something to leave the sofa and comfort …

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East-River-Bayou

Amid population and job growth, retailers see the Lone Star State an ideal territory for expansion. But tight conditions and high construction costs are creating challenges. The economic growth engine that is Texas continues to drive retail demand. With many major markets near full occupancy in urban and mature suburban neighborhoods, developers who launched grocery-anchored and other projects in the Dallas-Fort Worth (DFW) Metroplex as well as in and around Austin and Houston are well-positioned to take advantage of the fast-growing regions.  That’s especially true as the increasing cost of …

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Slim-Chickens

Food-and-beverage operators compete for coveted real estate in the Southeast.  Chicken and coffee are a somewhat unlikely, if alliterative, pair. In the Southeast though, they are currently linked by virtue of the so-called “Chicken and Coffee Wars.”  Previously, a similarly martial and poultry-centric moniker — The Chicken Sandwich Wars — described the fierce competition and marketing trends among fast food brands as they battled to create the best chicken sandwich — or at least the one with the best performance among consumers.  Now, amongst brokers in the Southeast region, Chicken …

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Moe's

With more than 600 locations nationwide (and counting), Atlanta-based Moe’s Southwest Grill remains focused on growth — and on flexibility. According to its chief brand officer, Tory Bartlett, Moe’s will continue expanding in new markets and in new formats to meet guests where they are. Thanks to the introduction of new prototypes, Moe’s is able to provide franchisees with flexibility to develop with competitive real estate and in more urban environments, as well as prioritize the shift in consumer demand from in-restaurant dining to off-premise businesses. In December 2022, after …

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Shaun Riley Faris Lee Retail Investment

The three managing principals at Irvine, Calif.-based Faris Lee Investments — Shaun Riley, Jeff Conover and Don MacLellan — see retail as the best investment class today. The reason? Strong fundamentals across the board, including low vacancy rates, minimal new construction and strong tenant sales. The trio live in the same world as the rest of us, where interest rates and economic uncertainty have deterred many, but to them, the fact remains that retail has never been stronger as an asset class. “People say it’s a bad market. It’s not …

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Junction-Krog-District-Portman

No market is immune to the consequences of current economic conditions. Certain sectors of commercial real estate, though, are better equipped to weather headwinds, primarily rising interest rates. Retail as an asset class has proven itself to be an exemplar of this. Brokers and developers say that this is especially true of Atlanta’s retail market.  In the words of Dotan Zuckerman, executive vice president of retail with Portman Holdings, “retail is the shining star” and one that is “always capable of evolving.” But is difficult to participate in the economy …

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Promenade-Coconut-Creek_Fla

Retail in Florida has proven to be a consistent winner, even as the state encounters the same macroeconomic headwinds hitting the rest of the country. Fueled by growing demand and lower supply, the sector, and leasing activity in particular, is boasting unparalleled performance.    Brokers and developers working in the state who were interviewed for this article uniformly point to the sustained population surge as the driving force behind the success of retail real estate throughout the entirety of Florida.  Joe Gallaher, a partner with NAI Miami|Fort Lauderdale, puts it …

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