Features

Is 2020 the Apparel Apocalypse?

by Alex Tostado November 17, 2020

“What are you wearing?” It’s been a common question in America’s daily vernacular, yet in 2020 — the year of dressing casually to work from home — it has never been less relevant. For those of us in the retail real estate industry, particularly owners of shopping centers, understanding the years-long downturn in apparel shopping has caused us to rethink what we will do with all the leasable area devoted to this retail segment. Much has been written about the demise of retail stores caused by the emergence of online …

November 17, 2020

Features From The Magazine Retailers

Philadelphia Retail Sees Expansion Amid Recovery

by Alex Tostado October 21, 2020

What a difference a year makes. Around this time in 2019, the Philadelphia retail market was experiencing something of a Renaissance. Driven by forward-thinking projects in chic neighborhoods, such as Fashion District Philadelphia, as well as the delivery of new phases of retail at destinations like Schuylkill Yards and the Philadelphia Navy Yard, the market was embracing new users, customers and spaces alike. The evolution of Philly’s retail market at this time inevitably bred winners and losers. Six months later, the onset of a global pandemic would give rise to …

October 21, 2020

Features Kansas Missouri

COVID-19 Continues to Put Tenant-Landlord Relationships Under Microscope, Say Kansas City Retail Webinar Panelists

by Alex Tostado September 23, 2020

Kansas City, Mo. — The COVID-19 pandemic has continued to highlight the importance of strong tenant-landlord relationships, particularly in the retail sector. Tyler Enders, co-owner of local Kansas City shop Made in KC, works with roughly 10 different landlords and has experienced a variety of different approaches to the COVID-19 conversation. “Some local landlords have been very communicative and have come to us with a creative solution. Others have been responding late and are bogged down,” said Enders. “Ultimately, we’ll continue to look at vibrant centers, but we’re going to …

September 23, 2020

Features Florida From The Magazine Retailers

Shopping Center Owners, Retailers in Florida Seize Opportunities in Effort to Outlast COVID-19 Pandemic

by Alex Tostado September 23, 2020

It’s been an atypical summer for retailers and shopping center owners in the Sunshine State. There are no Hollywood blockbusters debuting in Florida’s movie theaters, bars remain closed for the time being and shops and restaurants aren’t packed with domestic and international tourists visiting Disney World, Port of Miami’s cruise terminals or any of the states numerous beaches at the level they would in a normal season. The outbreak of COVID-19 has redefined the consumer experience for retail the past several months, but even though it looks and feels different, …

September 23, 2020

Features From The Magazine

Designers Work with Retail Owners to Create Properties That will Draw Consumers, Make Them Feel Safe

by Alex Tostado September 9, 2020

Envisioning a future for retail post-COVID has been a challenge for many in the industry. For one, it is still very early and we have a hard time knowing what 2021 will look like. Most of what retail designers and architects are working on now is reactionary and necessary: setting up existing environments so that retail-facing businesses are functional and operational. In that practice, however, they are seeing clues as to what the future of retail might look like now that the world is weary of viruses. Here are their …

September 9, 2020

Arizona Features News Restaurants Retailers

Taylor Street: Opportunities Still Abound, If You Know Your Market

by Sarah Daniels September 9, 2020

With a multifaceted approach to real estate, Taylor Street has an ear to the ground when it comes to investing, selling, financing, leasing and managing commercial properties. The Phoenix-based advisory firm is closely following the pandemic’s effects on retail. Vice president Jake Baratz and investment advisor Boston Chauthani recently sat down with Shopping Center Business to share some of their key insights. To plan for the future in the middle of a pandemic, the firm is advising investors to carefully evaluate market activity at the highest level in individual markets …

September 9, 2020

Features Florida Retailers

Lenders are Slow Out of the Gate as Central Florida Retail Market Begins Recovery, Says Webinar Panel

by Alex Tostado September 2, 2020

Commercial real estate lenders have remained timid as retail businesses in the Central Florida market navigate how to operate successfully during the COVID-19 crisis. As of this writing, Orange County had the 23rd most cases by county in the United States with 36,400 positive coronavirus cases and 378 deaths, according to Johns Hopkins University (JHU). The metro Orlando county is currently in Phase II of the Sunshine State’s reopening plan, which includes allowing restaurants to bump up capacity from 50 percent in Phase I to now 75 percent; retailers can …

September 2, 2020

Features Michigan Retailers

Pandemic Accelerates Need for Omnichannel Presence, Say Retail Webinar Panelists

by Alex Tostado September 2, 2020

As the nation’s retailers adapt to more curbside pickup and outdoor offerings as a result of COVID-19, what will happen in cold-weather states like Michigan once winter hits? Panelists pondered this question during “Michigan Retail Outlook,” a webinar hosted by Shopping Center Business and Heartland Real Estate Business that took place Tuesday, Aug. 25. “We have tenants that are expanding their outdoor seating and planning ahead for winter by adding covers, plastic vinyl or outdoor heaters,” said Mike McBride, senior vice president of asset management for RPT Realty, which has an office in Southfield, …

September 2, 2020

Development Features SCBlog

The New Retail Anchor Combating E-Commerce: An Experience-Driven Design

by Alex Tostado August 25, 2020

Written by Greg Lyon, principal and design director for Nadel Architecture + Planning Retail destinations have undergone an evolution over the past several years. The sharp rise of e-commerce has resulted in retail owners and developers working to ensure they are creating internet-resistant shopping centers that will stand the test of time. In addition, the COVID-19 pandemic has accelerated the already-robust discussion surrounding incorporating more service-based retailers and items that consumers simply can’t get online. While these are certainly important components, one of the most essential aspects of an internet-resistant …

August 25, 2020

Ancillary Retail Features Retailers SCBlog

How Landlords are Helping Save Pop-Ups During Pandemic

by Alex Tostado July 29, 2020

Before the coronavirus pandemic, mall and shopping center owners were so much more to pop-up tenants than just landlords. Specialty leasing has become more about business mentoring and support than it has about filling empty space. These supports in design, technology, POS, merchandising, data collection and much more have resulted in top developers becoming incubators for fresh new brands to keep the shopping experience unique and unexpected. During the pandemic, many owners are still finding ways to help sustain their smaller, digital-first or local tenants and to supplement the Small …

July 29, 2020

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