Industry Content

Situated in the fastest-growing region of the United States, the Inland Empire’s Moreno Valley, California, is only an hour away from Los Angeles, Orange and San Diego counties and less than three hours from Nevada, Arizona and Mexico. At an annual growth rate of 5.04 percent, Moreno Valley’s population of 210,000 is booming. There are more than 2.3 million people living within a 20-mile trade radius, as well as a workforce that’s 1.1 million strong. This solid growth has propelled the city to become the second-largest population in Riverside County …

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Today’s shopping center owners are looking to offer experiences to their customers — and they are looking for tenants that offer experiences that bring those customers back frequently.  Boutique fitness concepts —  with their devoted followers that often work out multiple times per week — are a great addition to a center.  Founded in 2017, boutique fitness brand Xponential Fitness offers a curated selection of high-quality concepts that are attractive to all ages. These brands include Club Pilates, touted by the company as the nation’s largest and fastest growing Pilates franchise; …

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Retail real estate has more than just a slight emphasis on the property portion of the retail landscape. Since most shopping center players have had that part of the equation down pat, many of these real estate experts are now focusing on their counterpart. They’re ramping up their online, social media and other technology-driven strategies to create a well-rounded omnichannel approach that caters to a wide array of customers. This hasn’t taken the focus off brick-and-mortar storefronts, however. Not by a long shot. While it is true that the internet …

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Ralph J. Conti, principal and managing member of Atlanta-based RaCo Real Estate, is a development partner on Celebration Pointe, a 1-million-square-foot, mixed-use development in Gainesville, Florida. The 160-acre project includes office and residential components, along with a barrage of retail, restaurant and entertainment offerings that continue to roll out on a regular basis. Retail Insight sat down with Conti recently to discuss the future of retail development and whether we will see more mixed-use projects with diversified retail offerings in the near future. How can shopping center landlords and tenants …

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Retail leasing is typically viewed as a long-term commitment. After all, these deals take a great amount of work, and all parties must come to the table confident this will be a mutually beneficial relationship for years to come. Fast fashion and foodie trends may change, but the long-term viability of shopping center owners and tenants is dependent on their ability to both adapt and stay the course. Like everything else in business, however, balance is key. Expand too fast and a retailer risks alienating customers. Sign today’s trendiest tenants …

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Scott Holmes, national director of retail in Marcus & Millichap’s Phoenix office, noted in his last Retail Insight Q&A that the national retail vacancy rate at the end of 2017 was 5.1 percent. Holmes and his team believe this rate may hit or even fall below 5 percent this year. Retail Insight sat down with Holmes once again to discuss this trend more in depth, particularly as news surrounding store closures, consolidations and threats from e-commerce continue to swirl.

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Every year, as RECon approaches, the editors at France Media begin to pre-plan our adventure to Las Vegas by studying the program, event, exhibitors and, of course, the party invitations. We generally have one editor covering the sessions, one covering meetings with potential, current and future clients, and at least one roving editor seeking out stories on the leasing hall floor. Here’s what we are looking to discover at this year’s convention:

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Some of today’s hottest retail concepts are discovering what companies like Warby Parker, Bonobos and Amazon already know: that a truly effective omnichannel experience cannot be achieved without a physical presence. “Having an omnichannel marketing campaign increases sales on many fronts,” says Christopher Maling, executive vice president of retail investments in Colliers International’s Los Angeles office. “These strategies are based on demographics and age, among other things. Some shopping habits are set with the need to purchase in a physical brick-and-mortar environment, and then there are those consumers who are more comfortable …

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