The following article is a good accounting of the current state of affairs for mall anchors. There is some information specific to the Philadelphia market, but there is enough national information to make it a worthwhile article.Philly.com Article
Both with PREIT…One in Willow Grove at the Willow Grove Park Mall (125,000 SF, Willow Grove, PA) and one in North Hanover Mall (83,000 SF, Hanover, PA). Willow Grove is a new location. Hanover is a relocation and expansion of an existing store on the...
See how a handful of boxes are shrinking. This article talks about specific retailers, their strategies, and what they are trying to achieve. Ace, Best Buy, Cabela’s, JCPenney, Office Depot, Target, and Walmart are discussed.Time Moneyland...
In this article, this author is positive when it comes to Dillards, J.C. Penney, Kohl’s, Macy’s, Sears Holdings Corporation, and TJX Companies. In my experience and research, TJX has consistently performed well. Kohl’s has been strong,...
I haven’t seen or heard much from Dick’s or Sports Authority in the last few months. However, this month seems to be the exception. Week of 9/26/11buy buy Baby – Farmington Hills, MI, 29,000 SFDick’s – Broken Arrow, OKDick’s – Yonkers,...
Click on the link below to understand one person’s take on J.C. Penney, their current status, and where they are headed. This person is bullish on the company. Seeking Alpha Article?
I have been active in the commercial real estate industry as a Tenant Representation Broker or Landlord Representation Broker in the Philadelphia Metropolitan Area since 1995. I started with the company in 1997 and am now a managing Principal with Equity Retail Brokers.
In my career at Equity Retail Brokers, I have been fortunate to work with retailers including Starbucks, Verizon Wireless, Burger King, Halloween City, Blue Pearl, Banfield Pet Hospital, C2 Education, Thirsty Lion Pub & Grill, Kids Empire, Hapik, ServiceKing, Shop Rite Supermarkets, Shoe Carnival, Gander Mountain, BJ’s Wholesale Club, Babies R Us/Toys R Us, Lowe’s Home Improvement, Friday’s, Party City, Pep Boys, Firestone, FedEx, Movie Tavern, Pittsburgh Paints, Visions Federal Credit Union, Pet Supplies Plus, Quaker Steak & Lube, Wendy’s, PDQ, Wells Fargo, Travinia, Rite Aid, Alton Lane, Empire Beauty, Arby’s, PNC Bank, Lou Lou Boutique, Pet Valu, Primrose Schools, Red Robin, Applebee’s, Lime Fresh, Pancheros, Outback Steakhouse, Ruby Tuesday, TGI Friday’s, STS Tire, Noah’s, Oportun, Grassroots, Expedia, Ten Thousand Villages, Sleep Number, Sherwin Williams, and Kindercare.
Some of my landlord representation clients have included Kimco, RREEF (pension fund advisor), AEW (pension fund advisor), Steve Guttman (former President of Federal Realty), Audubon Land Development, Gambone Development, CW Capital Asset Management, and Excess Space.