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 into Moonbeam’s centers. The company has also embraced the e-commerce trend by opening a 35,000-square-foot e-commerce call center for Bed Bath & Beyond at West Oaks Mall in Ocoee, Fla., which is also home to a Xerox customer service center.
to hear more solutions as Maksin discusses additional ways landlords can diversify their tenant roster while remaining internet-resistant.
This video was created as part of the Retail Insight newsletter by Shopping Center Business, a brief newsletter series leading up to the 2019 ICSC RECon conference and including post-conference video interviews. The videos in the publication are created in conjunction with our content partners, which sponsor the newsletter. Click here to subscribe.