Shopping Center Business and Heartland Real Estate Business hosted “Michigan Retail Outlook: How is Michigan’s Retail Sector Responding to COVID-19?” Register to hear how the industry’s most creative retail leaders are adapting both to COVID-19 and to the accelerated changes in retail exacerbated by COVID-19 has.
See a list of some topics covered and their timestamps below:
(05:38): How are Governor Whitmer’s plans and executive orders affecting retail?
(07:07) Detroit perspective: small businesses, unemployment rates, dealing with unknowns regarding timelines
(08:32) Regional malls: creating an environment where customers felt comfortable
(10:05) Languishing versus thriving retailers
(20:32) Construction costs, delays and productivity
(22:42) Demands faced by landlords
(29:03) Changing agreements in the face of uncertainty
(35:08) Retail demographics, omnichannel (including personalization and delivery), plus competing with online retailers
(53:13) Preparing and adapting for winter
- Todd Sachse, Sachse Construction (moderator)
- Cynthia Kratchman, Mid-America Real Estate – Michigan
- Eric Larson, Downtown Detroit Partnership
- Nathan Forbes, The Forbes Company
- Mike McBride, RPT Realty
- Deno Bistolarides, Encore Real Estate Investment Services
- Thomas Litzler, Schostak Brothers & Company
City of Southfield: The City of Southfield is one of the premier business and residential addresses in Michigan. Located in Oakland County, Southfield is home to more than 73,000 residents and over 100 “Fortune 500” companies. With a daytime population nearing 175,000, over 27 million square feet of office space and more than seven million square feet of retail and industrial space, Southfield is truly Michigan’s undisputed business center. In fact, Southfield boasts more office space than the central business districts of Cleveland, Cincinnati, Detroit, Indianapolis or Kansas City. Residents and businesses alike come to Southfield for its central location, excellent city services and easy access to all of southeastern Michigan.
Alliant Insurance Services: With a history dating back to 1925, Alliant Insurance Services ranks among the largest insurance brokerage firms in the United States. Alliant operates with a passion to provide an unparalleled level of insurance brokerage expertise by continually designing, developing and delivering effective and innovative products and services. This means creating a dynamic environment that empowers and incentivizes our insurance professionals to fully dedicate themselves to serving our clients and delivering cost-effective solutions.
Sachse Construction: Founded in 1991 and headquartered in Detroit, Sachse Construction has built millions of square feet of commercial, retail, multifamily and institutional space throughout the United States, Canada and Puerto Rico. Their signature asset is their unmatched reputation of integrity, quality and reliability. Their commitment to core values — do the right thing, have passion and enthusiasm, pursue excellence by constantly raising the bar, and do whatever it takes — has earned the trust of clients from national retail chains to private and institutional owners.