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...
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...
This article is a very good accounting of Staples today and how they stack up to the competition. Topics covered include the following: * Revenue generation from different segments of business * Average store revenue for Staples and its...
The following is a list of new stores that were mentioned in articles throughout the week or are occurring in the Philadelphia area:Big Lots – Livermore, CABig Lots – Abilene, TXOffice Depot – Brownsville, TX, 18,000 SFCabela’s – Tulalip, WA (200...
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.