This article is simply a pragmatic view of the vacancies in the retail world, who’s failing, and who is backfilling those empty spaces. Some very good basic statistics are provided, including a chart which concurrently shows, space supply, demand and...
It’s been a while since I have seen news of a new Lowe’s store, so I wanted to bring special attention to this one. Washington Business Journal Article
Interbrand has released its top brands of 2012. 5 out of the top 10 are anchors. The link below will allow you to download the full report. Check it out…Interbrand Report
Lowe’s will be closing 20 underperforming stores in 15 states. Future growth will include approximately 10 to 15 new stores per year rather the anticipated 30 stores. See the Lowe’s press release for a list of towns where the stores will...
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.