Centennial的动态

Southdale Center to welcome BURBERRY, GUCCI, MONCLER, MAX MARA, KATE SPADE, TORY BURCH, BREITLING, COACH, WATCHES OF SWITZERLAND/ROLEX, & MORE! ? Yes, I am shouting! And if you consider that Simon is investing $400 million to go ‘all in’ on Southdale’s transformation, you can certainly understand why. ? More is coming. A Lifetime Residential tower, more retail, more dining, and more entertainment. “Live. Work. Play. Shop.” Isn’t intended as a catchy slogan so much as a true modern ethos for how Simon envisions the future of the industry. And what this article does signify is that while the evolution had been a time coming, it is definitively here. It proves that retail in physical brick-and-mortar provides an exponential efficacy to create value, drive brand engagement and ultimately transactional attribution more so than incremental gains made on investments solely in the digital space. ? And MOST importantly, the opportunity to benefit from the changes underway, aren’t limited to only those Retailers and Tenants that will call Southdale Center home. Brands that move in the B2C space such as – Automotive, Healthcare, Insurance, Education, Entertainment, Telco, among others – can likewise build engagement with our shoppers through Out of Home media, experiential activation, and more. And the time to initiate those discussions is now! ? ? #SimonPropertyGroup #DiscoverSimon #SouthdaleCenter #SimonMediaExperiences #LifetimeFitness #LuxuryRetail #Edina #StayTuned4More ? ? Be part of one of the most positive and significant stories not just in Minneapolis, but the industry. Fairview Health Services Mayo Clinic Platform Feldmann Imports Mercedes-Benz Motorwerks BMW Minnesota Twins Minnesota Wild Comcast University of Minnesota UnitedHealthcare Polaris Inc. U.S. Bank WellsFargo.com General Mills Post Consumer Brands Thrivent 3M Ameriprise Financial Services, LLC Securian Financial Renewal by Andersen Xcel Energy Explore Minnesota https://lnkd.in/g78wUSaw

More Exciting #Retail News for #BuckheadAtlanta - Two key takeaways: 1. #Buckhead becoming the first #Georgia location for #luxury retailers, 2. Revitalization of #PaceFerryPlaza, #PhippsPlaza and #LenoxMall https://lnkd.in/g-c9nRTi

?? Check out the video! NOW OPEN: Dollar General in Batavia/Williamsburg OH (Cincinnati MSA) Investment Highlights: -Price: $2,595,000 | Cap Rate: 6.87% (7.21% Blended Yield) | 108% Return of Capital via Investment Grade Corporated Guaranteed Lease -Brand New 2024 Market Prototype | 12,480-SF on a Large 2.77-AC Parcel | 1 of 129 Relocated Stores in 2023 | Prior Store was top 8% according to Placer.ai -Proven Top Location | Due to Success in the Market, DG Expanded its Footprint and Relocated Next to Prior Location -15-Year Absolute NNN Lease with Rare 5% Rent Increases Every 5-Years and in The 3, 5-Year Option Terms -Tenant is Responsible for Insurance, Taxes, Interior, Exterior, Including Roof, HVAC and Parking Lot -Boasts High Visibility Along a Main Thoroughfare | Two Access Points and Exposure to 10,200+ VPD -Proximity to a Dense Industrial Corridor, Which Includes Major Employers like Nestle-Purina Pet Food Plant, General Electric Aerospace, Huhtamaki Packaging, with an Estimated 800+ Employees -In 2020, Nestle-Purina PetCare Announced Plans to Build a $550M Facility within 3-Miles of Subject Property by 2024, Adding 300 Jobs | Proximity to Williamsburg High School, and Both Batavia Elementary and High School with 2,480+ Total Students & Teachers Combined -Historical Significance: Williamsburg was the First County Seat, Founded in 1796 | Williamsburg is Located 35 Minutes East of Downtown Cincinnati in Clermont County, One of Fastest Growing Counties in Tri-State Area -Strong Demographics: Population Exceeds 33,700 Within 10 minute drive-time and growth to continue, +3.50% through 2027. #marcusmillichap #cre #stnl #1031exchange

"The purchase by the parent of Saks Fifth Avenue of rival Neiman Marcus Group is expected to create a $7 billion portfolio of luxury retail properties in upscale shopping areas across the United States that will get support from two technology giants."- CoStar Get breaking real estate headlines like this with our MarketTRAC subscriptions. https://lnkd.in/eB4CtrVa #realestatenews #otteau #otteaugroup #njrealestate #realestateNJ #realestate #realestatemarket #markettrac #NJrealestate #njrealestatenews

In Detroit, retailers continue to display a preference for multi-tenant and mixed-use spaces as redevelopments like the former Northland Shopping Center in Southfield attract big leases, even years before opening. What do you think are the driving factors for this? #cre #commercialrealestate #realestate #retailrealestate

Another example of Brixmor’s ongoing transformation story that drives traffic for tenants, value for investors and thriving centers that become part of consumers’ daily lives. Shout out to Leigh Paull, AIA, LEED AP, Stephen Trommsdorff, Susan Martinez, Jeff Bell, Christopher Ralph and Josh Durigan. Brixmor Property Group #ourcenterisyou

At Sierra Balmain, our expertise lies in managing commercial properties to maximize revenue for shopping center owners. A cornerstone of our strategy is leveraging short-term lease (STL) opportunities. ? We go beyond traditional mall kiosks to optimize every available space - indoors and outdoors. From leasing parking lot containers for seasonal retail and self-service laundromats to food services, travel agencies, logistics concepts, and even creating unique entertainment formats like ticketed exhibitions and funfairs, we make every square meter count. ? Our approach is already proving successful. In 2024, we've signed 307 agreements for mall locations or storage and 36 pop-up contracts, with STL revenue exceeding 10% of our budget expectations ????. The results are clear - efficient space utilization is driving significant growth ??. #CommercialRealEstate #PropertyManagement #RetailLeasing #ShoppingCenters #RealEstateStrategy #ShortTermLeases #RevenueGrowth #CRE #SierraBalmain

JUST LISTED: We are pleased to offer an opportunity to acquire a portion of the Tulare Pavilion Shopping Center, consisting of three strong industry-leading national/credit retailers that are focused on daily needs and resistant to the internet - Dollar Tree, Harbor Freight Tools, and Big Lots. Big Lots. The Property features corporate-executed, long-term NNN leases, with new store facades and tenant buildouts. This investment is priced well below replacement cost at $115 PSF. #shoppingcenterforsale #1031exchange #Dailyneeds #retail #retailrealestate #commercialrealestate #nnn #nnninvestments #multitenant #retailinvestmentsales #retailinvestment #retailinvesting #commercialrealestatefinancing #belowreplacementcost

Oh, now this has got us very excited! The biggest single store revamp Marks and Spencer has ever invested in, and it’s right on our doorstep at our local Fosse Park! As reported in Retail Gazette, the current store is expanding to a whopping 100,000 sq. ft allowing space for more product lines within their food, clothing, homewares, and beauty categories. Hoping to create a ‘brand defining’ store here in Leicestershire, we cannot wait to keep an eye on the developments over the summer and be one of the first to explore the shopping experience once all is complete in the autumn. This expansion not only signifies the brand’s healthy position, but is also evidence of the growing popularity, strength, and transformation of out-of-town retail parks into major shopping and leisure destinations. Fosse Park, whose tagline is Shop, Eat, Enjoy, note they are ‘seeing visitors come from further afield, with footfall growing year on year’. With brand expansions like M&S, we’re sure this trend is set to continue, and we can’t wait to see what’s in store next! Watch this space for more… #marksandspencerstoreexpansion #marksandspencerfossepark #fossepark #retaildestinations #leicestershopping #retaildesignagency https://lnkd.in/eawYw4Rm

The journey of this Five Guys flagship on the Strip spans 5+ years. We had a few starts and stops, getting to near lease execution on two sites, only to have Landlords pivot in late stage lease negotiations. Then Covid rears its ugly head...... The team at Five Guys stayed the course, and when Chris Brandon from Brookfield call about the former Sephora space at Grand Canal Shoppes coming to market, we immediately engaged. The deal took 14 months from LOI to lease execution, another story unto itself. Through hard work on all sides, we eventually got this lease signed. It was well worth the wait, 69' of Las Vegas Strip frontage, 10,000 SF single level space, on one of the most densely trafficked parts of the street, a rare conbination the Strip. The irony of the timing aspect of this transaction is we are at lease execution on a second flagship on the Strip, only 9 months after the first. Thanks to Chris Brandon Jeff Rubino Edward Pizzarello Brookfield Properties Sal Nappo Five Guys Enterprises #lasvegasstrip #retail #flagshipretail #lasvegas #cbre