ShopCore Properties’ Post

Mission is growing!!

🚨 UPDATE: Change of plans! 🚨 Unfortunately, I won't be able to make it to the Ridgefield market tomorrow 😔 But fear not, because I've got some exciting news! 🥳 Instead, I'll be busy moving a fabulous display case into the Three Rivers Mall for a brand new store that I'll be selling some of my products at! 🛍️ Stay tuned for more updates on this exciting venture! 💫 #ChangeOfPlans #NewBeginnings #ThreeRiversMall

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

Retail is challenging and fundamentally revolves around understanding customer needs—both the known and the anticipated. Brooke Massey makes it seem effortless, but it involves a deep commitment to predicting future trends and "catering to evolving desires." #retailmarketing #shopping #boutiqueretail #NAProperties #NAP #Avalon #ColonySquare #Mercato #TheForum #AvenueEastCobb #podcast #peachtreecornersmagazine

For years, retailers have flocked to set up shop in “it” neighborhoods in New York City. Before the #pandemic, as well as during the first couple years of its recovery, #Soho and #Nolita reigned supreme, with Valentino, Wilson Sporting Goods Co. and Vuori all opening stores there. #Williamsburg has also been buzzy among #DTC businesses, thanks to its chic cafes, thrift stores and waterfront views. Now, tides are shifting, and brands of all types and sizes — not just high-end ones — are making the move to #Midtown. Much of this is due to a major revamping of Rockefeller Center, which encompasses six square blocks. All in all, it’s a promising sign for the continued post-pandemic recovery of New York City, one of retail’s biggest markets and a major business capital. Read more: https://buff.ly/4aBhrPp

🛍️✨ Retail Building Ownership Chronicles! 🏬 Whether it's a cozy boutique or a bustling shopping center, owning a retail property is a journey filled with unique stories. Share your experiences or aspirations as a retail building owner below! 👩💼🛒 #RetailOwnership #RealEstateInvesting #ShopOwnersUnite

#ShopLIfting in #BigCities like #NYC costs so much that it has basically doubled to 11% Vacant #StoreFront space, the #NY Press reports in this very interesting article.

When Foxtrot closed doors earlier this year, what was not predicted was the frenzy of #RetailRealEstate operators pouncing on the opportunity to capture some prime #Retail frontage. In today's market, retail vacancy is sitting at a historic low, which is sub-5 percent, nationwide. So when there is any inkling of prime #RealEstate coming available, there is a "line out the door" to snag a piece of it, especially those spaces which are in dense neighborhoods which lend themselves towards retail operators like restaurants, entertainment venues and all types of retail concepts. The current market favors #Landlords and established operators, as landlords have a sea of potential tenants to choose from and established operators are able to provide the corporate guarantees, high rental rates and long-term leases which landlords are always seeking of a potential tenant.

In our latest alert, Travis Jeffries discusses the challenges and opportunities in reletting space vacated by major tenants. With major brick-and-mortar retailers like 99 Cents Only, Bed Bath & Beyond, and Party City all filing for bankruptcy since the beginning of 2023, and potentially more on the horizon, here are some important things to consider. #retail #cre #brickandmortar