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Got Vacant Space? Think Inside the Box 

The good news about tough economic times is that they breed ingenuity. Leasing specialists in retail and other property sectors need to think “inside the box” – the vacant big box, the empty warehouse, or the small office building abandoned

Red Hot Retail 

Retail real estate is hot. Large retailers continue to drive new development and investor demand remains near record highs. As competition heats up for prime space in major U.S. metropolitan areas, retailers are expanding into secondary markets and even far

Retail Goes Downtown 

At the Chatham Market retail center on Chicago’s South Side, shoppers may be surprised to find a new convenience store tucked in next to a Potbelly’s sandwich shop this summer Walmart Express. Slated to be its first urban location, the

Retail's New Reality 

Imagine you’ve been cast to star in a new deal making reality TV show. The objective is to outwit the competition, overcome obstacles out of your control, and complete as many deals as possible — or risk elimination from the

Restoring Retail 

The 2001 holiday retail season was "the last gasp of the overly indulgent U. S. consumer. We cannot count on the U.S. consumer to carry the United States and the global economy on his back any longer," pronounced Stephen S.

Rescuing Distressed Retail Real Estate 

“The developer bit off more than he could chew,” says Henry Englehardt, CCIM, senior vice president with Colliers International in Walnut Creek, Calif., explaining how Rocklin Crossroads, a mixed use retail property in Rocklin, Calif., fell into the hands of

Retail Revitalization 

Increasing a retail property’s value is what investing is all about. And, today’s savvy investors aren’t waiting for inflation to push up the value of their properties – they are seeking creative ways to improve their assets’ financial health. From

A Strip Center Makeover 

The development, marketing, leasing, and management of a retail center is one of real estate's more complex and demanding endeavors. Regardless of how well positioned a retail center may be during its inception, new retail concepts, economic cycles, changing demographics,

Retail Overstock: A Regional Roundup 

A variety of CCIMs provided commentary on their local markets for the May June 2010 cover story, “Retail Returns to the Ring.” The following roundup of regional retail markets in the U.S. gives voice to the valuable insights that could

Retail Tenanting Techniques 

Upticks in consumer spending and hints at economic improvement are fueling some long awaited positive momentum in the retail sector. Despite the mild industry buzz, the latest data reports offer the view many property owners see when they look around

Reinventing Retail 

Across the country, the retail market is thriving as merchants ring up sales at a record setting pace. Retail sales rose by about 7 percent last year to reach almost $3 trillion, according to the U.S. Census Bureau. As a

In the Retail Ring 

The retail property investment market looks a little like a battered prize fighter these days. It's down, but by no means out. Given the one two punch of the credit crisis and the tepid economic recovery, retail investment sales are

Retail Repositioning 

Your suburban retail center's anchor just declared bankruptcy and plans to shutter all of its stores. Meanwhile, two of your credit tenants are considering relocating to the new regional mall, which offers better amenities and more flexible space. To make

A Breath of Fresh Air 

"From a new development point of view, it seems that three pillars have decided that open air is the best the municipalities that are approving these new centers, the tenants who are going in them, and the customers who are

An Appetite for Retail 

Daily, it seems, the retail industry expands and contracts Lowe's announces plans to open 150 stores, and Casual Corner closes 350 stores. Kohl's sets its sights on 500 stores in the next five years, and Musicland closes 341 stores. Like

Fashioning a New Look 

More than 43,000 neighborhood and community shopping centers exist in U.S. urban and suburban areas where regional megamalls are not geographically or demographically feasible. Ranging between 100,000 square feet and 120,000 sf and often anchored by a grocery store, these

Retail Roller Coaster 

Investors are maneuvering quickly to catch up with a retail property market that has done a 180 degree turn in the past year. This once hot sector has cooled considerably in the wake of the capital markets crisis, the residential

New Rules for Retail 

The rules for retail are changing across America, almost as quickly as the holiday lights come down and the racks of valentines go up on Jan. 2. Wal Mart has morphed from the feared competitor into the good neighbor that

Retail Details 

Due to the economic downturn, property owners and real estate companies that work with retailers and restaurants have seen a record number of requests for restructured leases or renegotiated rental agreements. According to real estate industry experts, the trend is

Shoppertainment 

Since their heyday in the 1970s and 1980s, regional malls have suffered their share of hits. In the early 1990s, the trend toward power centers, which feature four or five big box category killers, provided increased competition for malls, especially

The Franchisee Lease 

Landlords can benefit but they also need to be wary of details. The year 2015 saw more than 795,000 franchise outlets throughout the U.S., according to the Franchise Business Economic Outlook 2016. That number is expected to increase by 1.7 percent this year, adding approximately 13,500 new units across 10 bu

Glimmers of Hope 

Brick-and-mortar retail stores are facing challenges, but is it really as bad as it seems? Last year was the biggest year of closures for major chains since coming out of the recession, but retail sales grew overall. What changes are coming to retail sector for commercial real estate professionals?

Jumping Through Hoops 
For most real estate analysts, the beginning perspective for retail real estate market analysis is often a site in search of a user, according to “A Rational Approach to Feasibility Analysis” in The Appraisal Journal. This is consistent with the theory that a user can pay the most to occupy a site since the user can place it into productive use immediately. An astute investor or developer values the property based on what the user can afford to pay to occupy the space.

The Graaskamp Legacy reiterated the Graaskamp courses of action that exist in real estate feasibility, which include the site in search of user, site selection, and an investor looking for an investment property.For years, the Chicago Housing Authority was the poster child for development gone wrong. Cabrini Green, for example, became  a breeding ground for crime and was far more dangerous than the housing it replaced. On the bright side, Austin, Texas, shows how good development planning enhances a city's prosperity enticing more companies and employees.
Beyond the E-tail Era 

The sharp rise in e tailing and its game changing impact has created a new normal in the retail real estate sector. Major national retailers are evolving their strategies in an effort to “survive and thrive” in this new market

Retail Redux? 

Retailers that are back in expansion mode are bumping up against a big obstacle — a lack of inventory when it comes to good real estate locations. The limited supply of new retail construction has been a huge help to