Retail Insight

Josh Williams retail leasing, development and sales activity

Physical Retail Focuses on Quality, Customers

by Sarah Daniels May 12, 2022

Josh Williams, senior vice president and director of investments out of Cullinan Properties’ Houston office, has been closely monitoring the leasing, development and sales activity for brick and mortar since our national emergence from the pandemic began. Below are the trends he sees, and where he believes this market is headed. Retail Insight: What would you say is the overarching trend in retail real estate right now? Williams: As we emerge from the pandemic, we are seeing a wide variety of retail assets returning to pre-2020 activity levels, all with one overarching …

May 12, 2022

Development Economic Development Features Industry Content Restaurants Retail Insight Retailers

Commercial Growth in Moreno Valley

by Sarah Daniels May 11, 2022

Successful companies looking to expand their brand know there is one location in Southern California that consistently beats the rest: the City of Moreno Valley. There’s a reason that companies like Sprouts, Raising Cane’s, Texas Roadhouse, Hilton, Capriotti’s and WoodSpring Suites are expanding in the city. They are supported by Moreno Valley’s second-to-none pro-business environment, a skilled and motivated workforce, strategic location and affordable lease rates. Fortune 500 and international companies are thriving in Moreno Valley, and here’s why. Location, Location, Location Situated at the junction of SR-60 and I-215, …

May 11, 2022

Features Industry Content Malls Marketing Operations Power centers Retail Insight Retailers

Prop Tech Refocused: Data Collection to Create Retail Community

by Sarah Daniels May 10, 2022

The popularity of property technology (prop tech) has expanded rapidly as retail owners and operators look for chances to streamline and improve their properties via data collection. However, says Sandy Sigal, president and CEO of NewMark Merrill, the hardest part of making prop tech useful isn’t collecting data. “The hard part about implementing prop tech successfully is making sure that the data is understandable, actionable and can be used by a wide array of people. It’s easy to be overwhelmed with data, and it can be very hard to draw …

May 10, 2022

Necessity Retail open-air and single-tenant service properties

Features Finance Industry Content Leasing Retail Insight Retailers

America’s Shopping Patterns Turn Suburban

by Sarah Daniels May 9, 2022

The Necessity Retail REIT, Inc. has closed on the acquisition of 77 open-air shopping centers and two single-tenant service retail properties as part of a previously announced 81-property, $1.3 billion portfolio acquisition. A strategic rebranding in February from American Finance Trust reflects a continuing focus on the shopping habits of today’s consumer, says Michael Weil, CEO of The Necessity Retail REIT, Inc. “Where America Shops.” And where America shops, according to Weil, is in the suburbs. “Whether they’re on their way home from work or taking the kids to school, …

May 9, 2022

Development Economic Development Entertainment Features Industry Content Retail Insight

City of Murrieta Fosters Retail Growth, Especially in Experiential Sectors

by Sarah Daniels May 5, 2022

The city of Murrieta is a city on the grow — and for this area, the process of developing means expanding and deepening retail offerings, many of which are in the realm of experiential retail. The city is seeking to make a name for itself as it expands its offering for its residents and attracts visitors interested in family friendly fun, dining experiences and resorts that cater to relaxation. Located in Southwest Riverside County between Los Angeles and San Diego, Murrieta has a population of more than 118,000. The city …

May 5, 2022

Shaun Riley tenant retail investment quote

Content Partners Faris Lee Investments Features Industry Content Investment sales Net lease Retail Insight Retailers

Faris Lee: Retail Presents Attractive Opportunities Post-Pandemic

by Sarah Daniels May 4, 2022

Multifamily and industrial may be the hottest product types for investors in today’s current market, but Jeff Conover and Shaun Riley, managing principals at Irvine, Calif.-based Faris Lee Investments, believe retail presents the optimum opportunity for achieving strong cash-on-cash yields for investors. “It comes down to one thing,” explains Conover. “Higher yield.” Triple-net leases also mean expenses get passed down to the tenant. Speaking of tenants, Riley notes that tenant rosters are stronger than ever nowadays. The pandemic culled the herd a bit, so to speak, but the tenants who …

May 4, 2022

Industry Content Learn from Industry Leaders Malls Retail Insight Videos

Spinoso: What’s the New Formula for Enclosed Malls?

by SCB Staff June 21, 2019

Malls are not dead, but the formula has certainly changed, notes Carmen Spinoso, CEO of Spinoso Real Estate Group. That’s because there is no formula any longer when it comes to these assets. The one-size-fits-all approach no longer works, but that doesn’t mean winning strategies can’t be found. These strategies, Spinoso asserts, vary based on demographics, consumer profiles, existing retailers and competition within the market. He believes today’s strategy is part art and part science, but reinvigorating these spaces can be done. Spinoso is in the middle of two such …

June 21, 2019

Development Industry Content Learn from Industry Leaders Leasing Retail Insight Videos

Moonbeam: A Portfolio that Specializes in Alternative Uses

by SCB Staff June 21, 2019

Much of the spotlight surrounding in-demand tenants at today’s shopping centers is focused on food and beverage and entertainment users. This is a solid strategy, agrees Steven Maksin, founder and CEO of Moonbeam Capital Investments, but it should not be the only initiative. Instead, these tenants should round out a larger roster that includes other internet-resistant industries. This can boil down to services and alternative uses, as Maksin explains. Maksin and his team have had great success introducing everything from DMVs to creative offices, police academies, colleges and medical users …

June 21, 2019

Grocery-anchored Industry Content Learn from Industry Leaders Retail Insight Videos

Pinnacle: Community, Cross-Shopping are Keys to Success in Non-Core Markets

by SCB Staff June 21, 2019

There are two big threats to retail that nearly every landlord is trying to avoid: sales lost to online shopping and shoppers lost due to a recession. It may be impossible to completely fend off an attack from either, but Jon Wheeler, CEO of Pinnacle Real Estate Investment Group, has a strategy for minimizing both. Wheeler is a big believer in grocery-anchored shopping centers in secondary and tertiary markets. He prefers stabilized (as opposed to value-add) assets with quality grocers and a variety of necessity- and service-based retailers, such as …

June 21, 2019

Industry Content Learn from Industry Leaders Leasing Retail Insight Videos

XTeam: Technology is an Essential Tool in Retail, But Local Knowledge is Everything

by SCB Staff June 20, 2019

Technology is omnipresent in nearly every aspect of our daily lives — and it is changing rapidly, but retail real estate players don’t have to reinvent the wheel to keep up with the latest and greatest. Bryan Cornelius, president of X Team and principal at Dallas/Fort Worth-based Venture Commercial, values the convenience, information and speed technology brings to his teams, but believes the secret sauce for a successful practice is local market knowledge. X Team has built its streamlined platform on this notion and the group plans to continue integrating …

June 20, 2019

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