Features

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

Features From The Magazine

Addressing The Insurance Challenges Of Real Estate Risk Management For 2021

by Julia Sanders March 31, 2021

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 inconsistently. Add to this the current challenges brought by COVID-19, combined with significant price increases and reductions in available coverage, it’s no wonder people find the subject matter exasperating. Through this series of articles, the goal is to demystify the complexities of insurance and ultimately provide you with the knowledge …

March 31, 2021

Features From The Magazine

Experiential Retail Adjusts for a Post-COVID Comeback

by Katie Sloan March 22, 2021

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 left behind by traditional retailers. Old Sears locations became luxury movie theaters. Vacant in-line spaces could be taken over by Instagrammable pop-up experiences. Mall kiosks that once sold tchotchkes could now be occupied by virtual reality pods. Even mall food courts were redesigned as food halls, a cooler, sleeker older …

March 22, 2021

Features SCBlog

Retailers Should Focus on Long-Term Occupancy Cost Reductions in 2021

by Julia Sanders March 16, 2021

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 and it is unclear whether mall traffic will bounce back anytime soon. Last year, it seemed as though nearly every retailer in America was asking for rent deferrals. Now they’re staring at a “deferral bubble” of $40 billion-plus that they’re going to have to pay back, over and above their …

March 16, 2021

Features From The Magazine

Net Lease: Commercial Real Estate’s Shining Star

by Katie Sloan February 24, 2021

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 commercial real estate have shown weak rents and lower occupancy levels leading to lower values, many subsectors of single tenant net lease (STNL) retail have seen compressed cap rates post-COVID. Essential retail has been the buzzword of the year, and excepting perhaps healthcare real estate, no other sector has more …

February 24, 2021

Features From The Magazine

New York City Retail Market Embraces Change On The Fly

by Katie Sloan February 2, 2021

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 hustle and bustle. Both retail tenants and landlords have had to regroup and quickly adapt to the curveballs thrown at them by COVID-19 over the past nine months. While retail and restaurant users in some areas are finding more success than others, the market as a whole has been characterized …

February 2, 2021

Features From The Magazine

Pent-Up Demand Grows For Experiential Retail

by Katie Sloan January 22, 2021

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 health crisis can, with some reservations, start to look toward the rebound phase. There’s no question that American consumers are itching to make up for lost eating, drinking and socializing time, provided they can do so in what they feel is a safe environment. “Our biggest point of optimism for …

January 22, 2021

Features From The Magazine Restaurants

Edible Adapts to Pandemic With Omnichannel Platform

by Alex Tostado December 30, 2020

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 chocolate treats offered a way to say “we’re thinking of you” to friends or relatives you could not visit in person. Also working in Edible’s favor? A talented support team and resilient franchisees. To learn more about Edible, which has over 1,000 retail locations, Shopping Center Business recently interviewed its …

December 30, 2020

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