Fortunoff Backyard Store’s Post

Contemplating the future of our high streets: a fusion of tradition and innovation. 🏢💡 During our recent visit to Gloucester, we stumbled upon the remarkable shop fronts that exuded history and narratives. As we strolled along, an intriguing sight caught our attention—an innovative smart shop. This encounter sparked a thought-provoking question: what lies ahead for our beloved high streets? 🤔 In a rapidly evolving era, will smart shops dominate the landscape, blending cutting-edge technology with the charm of traditional storefronts? Or perhaps the answer lies in striking a harmonious balance between the old and the new—a fusion that embraces modernity while preserving the rich legacy of our architectural heritage. We invite you to join the conversation and share your insights on this magnificent change shaping our era. Let's envision the future of our high streets together. 📸 Swipe left to witness the captivating beauty of Gloucester's high street gems. #SmartShops #highstreets #historicbuildings #historymakers

Excited to get this closed before EOY for one of my favorite and longest clients. The highest per square foot value I have seen in 12 years for a vacant industrial/flex building. Cost of construction has somewhat plateaued, but they continue to be high enough to justify higher prices for existing buildings. Cost of recreation is a common theme and discussion piece for pricing industrial buildings. These types of sales also show the strength and growth Lee's Summit, MO is seeing as an industrial submarket. Newmark Zimmer Newmark Zimmer Industrial & Logistics – Heartland Region

Yesterday marked only 50 days until the 🎉 GRAND OPENING of the expanded Baird Center! President and CEO Marty Brooks is buzzing with excitement, and we can't blame him. It's not just about more space - it's about unlocking a world of possibilities for Milwaukee. Here's what you can expect: 💡 A HUB FOR INNOVATION: The Baird Center will be a place that sparks new ideas by fostering connections and collaboration like never before. 🙌 BIGGER AND BETTER EVENTS: The expansion means more space to host multiple events simultaneously - a win-win for attendees and local businesses! 👍 BOOSTING MILWAUKEE TOURISM: The newly expanded convention center is poised to become a major draw for the city, bringing more visitors to explore restaurants, bars, hotels, and all that Milwaukee offers. May 16th isn't just an opening - it's a milestone for Milwaukee. The Baird Center is bringing in a new era of accessibility, innovation and event experiences to make our city a true destination that can't be ignored. Learn more about the Baird Center project and its incredible spaces at bairdcenter(dot)com, or take a deeper dive into recent news with more details at the link in this post's comments! #BuildingMore #BairdCenter #Milwaukee #Wisconsin #Construction #BuildingMoreOpportunity #Community EUA TVS Prism Technical Management & Marketing Services, LLC Cross Management Services, Inc. CAA ICON GRAEF Henderson Building Solutions Kapur & Associates 

RETAIL MARKET UPDATE 🛍️ Fantastic event as always courtesy of Rob Soltanie MRICS. Retail is a market that fascinates me but probably the asset class I know least about. I have seen an uptick in debt enquiries for schemes heavy on retail though so it was great to hear Derek Barker’s informed insights. Some key phrases that I felt summarised: - Retail isn’t dead, it just needs a different mindset - High streets need condensing and focusing - Retail centres need to be more inventive with the management With demolition being the only option for many retail centres, where the current designs are not salvageable or convertible, we need to be more eco conscious in the design of new buildings in this space to be flexible enough to evolve with the trends. It was said that we are at the start of a new cycle here so certainly an area worthy of consideration as this starts to take shape in the next 2-3 years 📈 #shoppingcenters #savethehighstreet #ukretail #retailrealestate #retail #retailmarket #commercialrealestate #commercialproperty #commercialmortgage

Have you noticed more vacant commercial buildings in Northern Colorado lately? Here's a little insight as to why, and what might be filling some of these spaces.

Plans have been submitted to build a 42-storey tower 𝘢𝘣𝘰𝘷𝘦 a historic listed building in Birmingham. The design sees 80 Broad Street - an old orthopaedic hospital - maintained and the tower built above and around it. Examples of projects where new and old are intertwined in this way, can be seen in Australia and Canada. The developers of this proposal say it demonstrates a "distinctive and innovative approach" and allows for the retention and careful repurposing of a grade II-listed building while simultaneously creating a striking landmark tower. What are your thoughts on this merging of old and new buildings? #Birmingham #Architecture #ListedBuilding

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