Christina’s Post

An Overview of Retail Commercial Real Estate in Dallas >> Let’s take a look at the current state of retail commercial real estate in Dallas. ➡️ Read full article > https://rb.gy/tp5qs ⬅️ #realestate #commercial #victorygroup #victory #dallas#texas #usa #highlights

FOR SALE: Former Macy's Building + Pads 3500 El Camino, Sacramento, CA 95821 Helm Properties, as the exclusive Broker, is excited to present an exceptional opportunity to acquire the Former Macy's Building & 2 out-parcels, collectively known as the "Property." This retail center is strategically located in Sacramento, California, shadow anchored by WinCo. With a highly populated residential area of approximately 370,000 residents within a five-mile radius, Country Club Plaza offers an attractive option for retailers. The property benefits from its proximity to a solid residential base, making it an ideal destination for businesses seeking visibility and a concentrated consumer market. Moreover, Country Club Plaza presents potential for repositioning or redevelopment into a mixed-use center. Country Club Plaza, with its prime location, extensive frontage, and diverse redevelopment possibilities, offers an exceptional investment opportunity for discerning buyers seeking a valuable and versatile asset in the heart of Sacramento, California. https://lnkd.in/gdJb6WaF... #helmproperties #development #sacramento #mallorca #remodeling #opportunityzone #realestate #development #developer

*New to Market* CBRE is pleased to present the exclusive listing for a Net Lease portfolio, located on Main Street with direct access to the World’s Most Famous Beach. Main Street in Daytona Beach, also known as the “World’s Most Famous Beach,” is a vibrant and iconic area that holds significant historical and cultural importance. With a variety of shopping and dining spots, the city has something for everyone. The properties, located at the intersection of Main Street and South Wild Olive Avenue, all feature unique individual stories. Traffic count data for Main Street in Daytona Beach can vary depending on the time of day or, day of the week, and special events happening in the area. Traffic on Main Street tends to be heavier on weekends, especially during Spring Break, Bike Week, and summer months. #NewListing #commercialrealestate #retailinvestment #cbre #retail #retailproperty #DaytonaBeach #Florida #retailinvestmentbroker #brokerlife #orlando #cretrends #CRE #foryou #featuredlisting #realestate #CRE #realestate #investment #investmentopportunity #selling #forsale #sell #buy #property #Portfolio

Lee Shapiro, Executive Vice President, Director of Retail for Kennedy Wilson Property Services Brokerage, specializes in the sale and leasing of commercial investment properties throughout Southern California. With 31 years of extensive experience, Lee joins us to share insight into what’s hot in Hollywood’s commercial real estate market. "What we have been seeing as the most attractive type of commercial space in the market is second-generation restaurant space." Read the full article https://ow.ly/C8Wf50RH5oN #Retail #RealEstate #Commerce #Property #RMMagazine

Heritage property on doorstep of Sydney’s Circular Quay for sale - Knight Frank Australia A four-storey commercial freehold building at 18 Bulletin Place in Sydney is being taken to the market by Knight Frank agents Andrew Harford Will Brassil and Georgia Elks. The building at 18 Bulletin Place, which occupies a 164sq m site, was erected prior to 1880 and has an eclectic history including wine making, ironmongery, publishing, manufacturing and hospitality. Currently only 40 per cent of the 570sq m of net lettable area over four storeys and the basement is occupied, with the sole tenant being Alfredo’s Restaurant, offering an incredible opportunity for both owner occupiers or investors. Floor plates are flexible and adaptable, averaging 115sq m, with a potential fully leased net income of more than $608,000. Mr Harford said the property was a scarce offering, being one of only five freehold assets sub 1000sq m in the northern precinct of the Sydney CBD, north of Hunter Street. Mr Brassil said the predominantly vacant possession opportunity offered buyers a blank canvas opportunity in a transformational precinct. Read more on COMMO linked below: Knight Frank Sarah Clark Vanessa De Groot RETalk Asia #knightfrank #circularquay #retailinvestment #retailrealestate #retailproperty #retailnews #realestateinvestment #sydneyre #sydneyrealestate #commericalrealestate https://lnkd.in/gs4SBCBg

The most sustainable building is an existing building and adaptive reuse allows what’s old to be new again.

On March 28th, SL Green Chairman and CEO Marc Holliday joined Commercial Observer for the Future of New York Forum at 5 Times Square. Here are a few key takeaways from the keynote interview on why we believe in #NYC. ✔️Challenging markets create new opportunities, as seen in the recent trend favoring purchasing over long-term leasing. Prada at 724 Fifth Avenue, Dyson on Madison Avenue and in SoHo, Sotheby’s at The Breuer Building, and Memorial Sloan Kettering at 885 Third Avenue exemplify this trend, signaling a strong vote of confidence in New York. ✔️Elevated amenities are here to stay and activating these spaces is about bringing what tenants love into their workday: fine dining, fitness, conference space, art, and green space. The amenity programs at 5 Times Square, 245 Park and One Madison Avenue highlight how we are responding to that. ✔️It all starts with New York City’s world-class workforce. The city benefits from having one of the most diverse and dynamic talent pools in the world and that’s why companies want to be here. #SLGreen #COFutureofNY #CommercialRealEstate #CRE #NYCRealEstate

This prominently positioned local center has undergone recent renovations and enhancements. It offers a second-floor office area situated in the vibrant South Tampa district, known for its dense population and prominent visibility at a bustling intersection in Tampa. Retail and office spaces are currently available within this inline setting. Contact me if you have any questions or need pricing for any assets in your portfolio. Bobby Gross (813) 387-4776. Investment highlights: • Short Term Leases with Auto Renewals and 3-7% Annual Rental Increases. • Weighted Average Rent is $21.46/SF | Submarket Average Rents are $31/SF. • 6 Retail Suites on 1st Floor (7,613-SF) | 20 Office Suites on 2nd Floor (6,107-SF) • 55.49% of Total GLA Consisting of 1st Floor is on NNN Leases | Upstairs Office is all Gross  • Proximity to Major Arteries & Downtown Tampa | South Tampa is a High Barrier to Entry Submarket | High Intrinsic Value and Limited Supply • Proximity to MacDill Air Force Base | 20,000+ Stationed and $4.98B Economic Impact • Excellent Demographics | 156,000+ Residents within 5 Miles with AHHI in Excess of $121,000 OM Link: https://lnkd.in/eTHh_zkS  

The most interesting article I read this past week was this retail industry The Wall Street Journal article on Brookfield’s big bet to redevelop their mall portfolio across the country. It was also discussed at length during by Lonnie Hendry, CRE, Hayley Keen and Stephen Buschbom during the always fantastic Trepp, Inc. podcst that I listened to over the weekend. As the Trepp team noted, while these projects may not have come together as quick as had been initially hoped, it seems a bit too soon to say this plan falls short as there is a really good play here and it is one that others have proven, it just takes time. As a CRE lawyer, we unfortunately know all about that because in addition to government approvals, parties need to work with lenders, tenants, ultimate end users/operators and oftentimes adjacent property owners to make these types of redevelopments come together. Our Frost Brown Todd team has done this type of work for all such stakeholders and it isn’t easy. Our zoning lawyers like Tanner Nichols have worked on these for large shopping center clients. My Partner Christina Sprecher has done this work for some large national tenants and discussed the challenges that shopping center CC&Rs and REAs create for these redevelopments at the ICSC National Law Conference just last year. I have had the chance to work with both lenders and adjacent property owners in doing this type of work. There are simply so many parties that have to sign off on these types of projects that it takes time, grit and a focused project management mentality to consistently stay on track with goals and objectives in a manner that isn’t easy and unfortunately is almost always more costly than originally anticipated because of the amount of time involved. The reality though is that the outcomes can be both truly transformational, like what we have seen recently in Louisville with Topgolf starting what has become a true game changer for the Oxmoor Mall, but also a meaningful improvement with a Hilton Garden Inn changing the dynamic of the Mall St. Matthews. #LFGMonday #CRE #Retail #redevelopment #letsgetfrosty

Is the oldest mall becoming the newest? Southdale Mall in suburban Minneapolis is considered the oldest enclosed mall in the USA. With the addition of fitness, hotels, apartments, and luxury retail it is becoming a brand new mall. Check out this article from the Wall Street Journal to learn more about how Southdale Mall is transforming to meet the needs of modern consumers. #RetailTrends #CommercialRealEstate #ShoppingMalls