“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
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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
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Insurance is rarely considered a topic of enjoyable conversation, even in the business world. Although a very important and necessary part of successful operations, insurance products are often complicated in application, ambiguous in interpretation, and can be structured and priced
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Shopping center owners thought the solution to combat online shopping was so crystal clear. Give them experiences. Provide social spaces. Make interaction the focal point. And this worked…for a while. Entertainment and food and beverage operators soon absorbed the spaces
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Even though capital markets are opening up, U.S. retailers will continue to file for bankruptcy and close stores this year, due in part to their need to repay deferred rent from 2020. Declining foot traffic only adds to that pressure
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The net lease sector has seen a year like no other commercial real estate sector. Despite a once-in-a-millennium pandemic, the sector is riding a two-year high on fundamentals that have only strengthened over the past year. While many sectors in
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Retail and restaurant re-openings this fall gave a modest boost to the New York City retail market in the third quarter. But even with the easing of some operational restrictions, business activity remains diminished in a city known for its
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The COVID-19 pandemic has put a dent in dining and entertainment activity. There is, however, light at the end of the tunnel with vaccinations beginning in the near future. To that end, retailers and restaurants that have survived the public
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When the pandemic hit, Edible was ready. It already had a dedicated delivery model, made possible by a robust fleet of refrigerated trucks; it had multiple omnichannel platforms customers could use to interact with the brand; its fruit arrangements and
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Over the past five years, the many major MSAs have seen tremendous growth and diversification within the food and beverage space. But the onset of COVID-19 has cut into consumers’ disposable incomes, essentially shrinking the customer base and creating another
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Shopping and dining in Atlanta looks vastly different than this time last year due to the COVID-19 outbreak, but owners, developers, investors and retailers alike remain optimistic about the metro area’s prospects. Many local retail professionals say barring another outbreak
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Daniel Taub is a well-known name in the retail real estate world. He spent most of his career with DLC Management, one of the nation’s largest open-air center owners, heading up leasing and eventually becoming president and chief operating officer
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