Roadside Development LLC的动态

I was fascinated to read this article about the Sparc Group’s attempt to raise a successful behemoth out of the ashes of failed smaller companies, phoenix style: https://lnkd.in/gkbxt_ke. Aside from the arguably questionable and risky business proposition, I was intrigued by the element of the strategy that involves leveraging the brands as saviors for suburban malls. Malls have, of course, experienced a decades-long downward trend of waning occupancy and foot traffic. I’ve always been enthralled by abandoned buildings, and especially dead malls. Buildings intact and so large just seem to be ripe with potential. Speaking for myself, these abandoned structures naturally spur daydreams of potential creative repurposing. So, my first thought after reading this article was that it’s a type of insanity to think you’ll keep doing the same thing (vis-à-vis malls) and get a much different, more successful outcome. My second thought was, if not retail solutions, how would one optimize mall vacancies and revitalize these huge chunks of real estate? One option not too far out the box is to turn them into shared residential-retail spaces. The infrastructure is there. The lack of affordable housing is a pressing need. It would build in an audience for the retail. Although not everyone wants to live inside a mall, I have to think that many people would welcome the opportunity to purchase a centrally located condo, close to services and transportation hubs, for below-market average square-foot costs. Mall owners could benefit by providing the same services (maintenance, cleaning, welcoming common areas) to homeowners as they already do to businesses, and charging a modest HOA fee. Seems like a potential win-win and something that would work for struggling malls across the country. Would you be happy calling that clean well-lit space across from Mrs. Fields home? #retail #affordablehousing #jcpenney #sparcgroup #housing #realestate

I have a feeling we’ll look back on this project as the turning point that shifted the retail market west from Eagle Road to Ten Mile. I've been hearing rumors about some of the potential tenants, and it’s shaping up to be an exciting development! When my parents bought a home off Ten Mile about seven years ago, retail options in the area were limited. Now, with the Scheels development and this new project, it looks like the days of having to drive to Eagle Road for retail will soon be behind us. What do you think about this project and its impact on the area? #CommercialRealEstate #RetailDevelopment #TenMileID #GrowthOpportunity #BoiseDevelopment #RetailShift https://lnkd.in/ggKfwcjc

We need a flexible approach to revitalizing our high streets. As developers, we’ve converted disused city centre properties into resi or hospitality spaces, adding life back into city centres. But what about the ground floor retail units? It’s sad to see high streets dotted with empty shops. As landlords with a couple of shop units available for lease, we ideally seek a tenant for a 5-year lease. But after the past few years of upheaval, is that still realistic for small retailers? Why would they commit to a long lease and business rates etc when they can sell online and minimise their risk? We’ve seen a couple of landlords trying alternative arrangements with businesses, sharing both risk and potential rewards. Could less commitment, lower risk, and lower costs for retailers be the answer? If a landlord can give that, and share in the upside by wanting more than a lease would provide (assuming the business is a success of course!) it could be a win-win, bringing new life to our high streets. It’s something we’re exploring. But here’s the catch: lenders, banks, and surveyors need to get on board. Can they recognize the value of a profitable operational company in a unit even its not locked in with a standard long lease? This shift in perspective is crucial. We need to move forward together, embracing creativity and flexibility to address quieter high streets and empty shops. How can we work towards a solution that benefits everyone? #HighStreetRevival #RetailInnovation #FlexibleLeasing #CommunityBusiness Philippa Charrier

FOR SALE: Service-Oriented Neighbourhood Plaza | Caledon, ON Lennard Commercial Realty, Brokerage (the “Advisors”) has been engaged by The Fuller Landau Group Inc., the court-appointed receiver (the "Vendor"), to facilitate the sale of a 100% freehold interest in a modern retail plaza located at 12550, 12560, 12570 Kennedy Road, Caledon, ON (the “Property” or “Strawberry Fields Plaza”). This offering presents a rare opportunity to acquire a well-established retail plaza in Caledon, a growing community within the GTA. Spanning 40,192 square feet across three buildings, the plaza is anchored by a local grocery store, ideally positioned to serve the surrounding population. Developed between 2015 and 2017, the Property sits on a 2.32-acre lot and is encircled by new residential developments, making it perfectly situated to benefit from the area’s ongoing population growth. The plaza is also near public schools and a community center, adding further appeal to its location. Strawberry Fields Plaza is home to a diverse mix of service-oriented tenants that are necessity based, including grocery, pharmacy, daycare, rehabilitation center, dental clinic, and several restaurants. Strategically located along Kennedy Road, a major thoroughfare, the plaza offers easy access to Highway 410 and is within commuting distance of major employment hubs. As part of Peel Region and directly adjacent to Brampton, Caledon is central to the region’s overall growth strategy, further enhancing the investment potential of this asset. For more information about this offering, please contact a member of the listing team: Yash Kumar Sasha Ischenko Peter De Guerre Joshua Perlstein Paul Campbell Lennard Commercial Realty, Brokerage #cre #commercialrealestate #investmentproperty #retail #retailplaza #gtarealestate #caledon #grocery #neighbourhoodplaza #retailrealestate #realestate #creinvestment #gta #brampton #torontorealestate #daycare #dentist #restaurants #pharmacy

?? ?? Commercial Real Estate Market Reports - Q3 2024 Discover the latest trends in Sacramento and Redding, CA, with our Q3 2024 Market Reports on commercial real estate. These reports provide an in-depth look at key sectors, including retail, office, multi-family, and industrial properties. Our team is ready to assist with any questions or offer guidance regarding the evolving real estate landscapes in these cities. Sacramento, a vital economic center in Northern California, serves over 2.4 million residents and acts as a gateway to the Bay Area, supporting a wide range of industries and cultural activities. Meanwhile, Redding offers a growing economy and distinct appeal, creating new opportunities for commercial real estate investors and businesses seeking to expand in Northern California. Request your copy at: https://lnkd.in/gP6AEW4C #CommercialRealEstate #Q32024 #CapitalRivers #CRE #MarketReports #RetailTrends #OfficeSpaces #MultiFamilyProperties #IndustrialRealEstate #InvestmentOpportunities #Sacramento #Redding #Chico

Is there anything which demonstrates what a clown and idiot this person and the article author is more than the patently false notion that Madison is a rust belt city? Madison has NEVER been a rust belt city. It has ALWAYS been dominated by its gargantuan university and state government employment base bathed in the rich tax streams generated elsewhere. I lived in its miniscule manufacturing base and watched it driven to extinction intentionally by the same powers and voters who rule by diktat today and didn't want that kind of thing in their socialist utopia. I used to sweep up metal shavings at night for beer money since no one in the office knew how to wield a broom. The PRC became a machining powerhouse overnight when their grad students bought those Bridgeport machining centers for scrap steel prices and shipped them home. That's how their missiles became so accurate and their boats so much quieter so quickly. Madison didn't want battery manufacturing because who would want those things in the future?... Madison makes community organizers, software, lobbyists, RT propagandists and biowarfare detritus. Yes, they consume a lot of office space because being a spreadsheet jockey comes with privileges. Economically, it is worlds away from the Chicagoland manufacturing metroplex, the nation's second largest (after LA), or the other cities discussed. Unsure about this? Try building a lead smelter, or anything else which traumatizes socialists, in Madison or anywhere in Dane County. You'll set money on fire faster than Vegas or Hollywood. Conflating a rathole like Kenosha with Madison means you are utterly geographically ignorant in the extreme and grossly overcompensated along with most definitely being part of the problem. Kenosha is exploding due to Illinois and Chicago business refugees, while Madison is exploding because the government is the fastest growing part of the American AND Wisconsin's economy.

New Exclusive Listing: Upper West Side - Mixed Use Investment Property CBRE has been retained on an exclusive basis to arrange for the sale of 130 West 72nd Street (the “Property”). This eight (8) unit mixed-use building is located on the south side of West 72nd Street, between Columbus and Amsterdam Avenues in the heart of the Upper West Side/Central Park West Historic District. The Property is a five (5) story, 20’ wide walk-up building that contains six (6) residential units above two (2) retail units, totaling approximately 8,800 gross square feet. Two (2) apartments benefit from Fair Market (FM) status with below-market rents, allowing for significant mark-to-market increases. The remaining four (4) apartments are Rent Stabilized (RS), with two of the RS units being delivered vacant. The retail component includes La Caridad on the ground floor and Emma Nail Salon on the second floor. Tenants have lease expiration dates of 2027 and 2033, respectively. Additionally, both tenants have a 3% annual escalation and reimburse a portion of the taxes, offering the future owner the opportunity to benefit from steady long-term cash flow. The retail component also benefits from being in a prime retail corridor along 72nd Street. The Property is conveniently surrounded by subway stations serviced by the 1, 2, 3, B, and C trains. Additional nearby amenities include the Metropolitan Opera House, the city’s Neufeld Playground, and Central Park, which is 0.3 miles away—a 5-minute walk from the Property. For Further Information Contact: Robert M. Shapiro 212-984-6622 or [email protected] Robert Shapiro Ian Brooks David Garcia #realestate #multifamily #mixeduse #UWS #upperwestside #NYC #forsale #onmarket #investmentsales

JUST Listed | 7-Units in West Adams The SR Group of Marcus & Millichap, as the exclusive listing agent, is pleased to offer for sale a seven-unit apartment building located at 2915 South Burnside Avenue. The subject property is located just north of Jefferson Boulevard within the desirable West Adams sub-market. Located in the West Adams neighborhood, this sought-after location offers convenient access to fresh new eateries, employment centers and retail. Amazon Studios, Apple, WarnerMedia and Sony all occupy space in neighboring Culver City This influx has caused many tech and media companies to relocate into West Adams which in turn is experiencing tremendous growth fueled by significant development activity and a growing roster of retail & office tenants. Burnside is less than 1 mile away from Cumulus, which has over 100,000 square feet of retail anchored by Whole Foods. Situated on a 9,288 square foot parcel, the property is comprised of five one-bedroom units, one two-bedroom apartment unit and one two-bedroom house. New ownership can potentially add an Additional Dwelling Unit (ADU) to maximize income and appreciation potential. The surrounding area continues to experience gentrification, making West Adams a compelling value-proposition for tenants who are getting priced out of neighboring submarkets. West Adams is poised for employment and rent growth, making 2915 South Burnside an attractive investment opportunity. Contact me today at 310.946.9442 or [email protected] to learn more about this investment opportunity! #losangelesapartments #losangelesrealestate #losangelesmultifamily #realestateinvesting #realestate #westadamsla #midcityla

I mentioned to my investors years ago that Co-Living is the future of commercial space. As more malls and office buildings become bankrupt and more people struggle to find affordable housing it only makes sense for the natural conversion. Living in Malls & Offices creates a new world of community, commerce and actually opens the door for modern tech companies to cultivate collaborative work environments for aspiring young staff looking to finally move out of their parents basements. They also are the answer for senior citizens who no longer drive. You have access to retail shops and do not need to use expensive ride share services as much. In regard to there apartments being small, many people want this as seniors. A smaller living space is often a lot easier to maintain... What do you think about the future of Co-Living/Conversion of Commercial Space? Do people need to be homeless when billions of dollars of property remain unused on a daily basis. Isn't this a much more effective use of tax dollars then bailing out failing corrupt organizations that fail to deliver innovation? https://lnkd.in/gFzVCjnA